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Bloomberg

Bloomberg

Page 472 - Bloomberg

China's 'economic reboot' to offer boost to flagging world economy

A domestic recovery in China will lend itself to firmer import demand and the purchases of foreign brands

China's 'economic reboot' to offer boost to flagging world economy
Updated On : 16 Jan 2023 | 9:10 AM IST

Fractal Growth Partners eyes $250 mn fund to invest in Indian tech startups

"It's targeting investments of $10 million to $15 million per target company and plans to close the investments in about five years"

Fractal Growth Partners eyes $250 mn fund to invest in Indian tech startups
Updated On : 16 Jan 2023 | 9:01 AM IST

This isn't your mom and dad's recession: BofA's Savita Subramanian

The market could go as high as 4,600, which would be a pretty great year, says Savita Subramanian

This isn't your mom and dad's recession: BofA's Savita Subramanian
Updated On : 15 Jan 2023 | 11:25 PM IST

Refining troubles: Huge sanctions looming for fuel that powers the world

India's role in supplying Europe is notable because it has become one of the biggest buyers of discounted Russian crude since the war broke out

Refining troubles: Huge sanctions looming for fuel that powers the world
Updated On : 15 Jan 2023 | 9:14 PM IST

Chinese govt pledges crackdown aimed at cooling surging iron ore prices

Authorities in China are also seeking to bolster their influence over iron ore pricing in the longer term by consolidating purchases on behalf of about 20 of the country's largest steelmakers

Chinese govt pledges crackdown aimed at cooling surging iron ore prices
Updated On : 15 Jan 2023 | 10:37 AM IST

Amid mass job cuts, Amazon HR staff turn from hiring to seeking jobs

Some Amazon.com Inc. employees are publicly posting that they are #OpenToWork on LinkedIn while still employed by the company

Amid mass job cuts, Amazon HR staff turn from hiring to seeking jobs
Updated On : 15 Jan 2023 | 6:24 AM IST

Nearly all of Beijing's 22 mn population to get Covid by January-end: Study

About 92% of the people in China's capital will have contracted Covid by the end of January, while 76% had already been infected by December 22, according to the study

Nearly all of Beijing's 22 mn population to get Covid by January-end: Study
Updated On : 14 Jan 2023 | 2:24 PM IST

Pfizer bivalent Covid shot linked to strokes in ppl 65 & older: Prelim data

The potential risk with Pfizer's vaccine was not seen in other safety databases, nor was it seen with Moderna Inc.'s Covid vaccine, the officials said in a statement

Pfizer bivalent Covid shot linked to strokes in ppl 65 & older: Prelim data
Updated On : 14 Jan 2023 | 10:30 AM IST

Twitter workers forced to drop class-action suit over severance packages

An attorney who said she's filed at least 300 such claims said the process could be costly for Twitter

Twitter workers forced to drop class-action suit over severance packages
Updated On : 14 Jan 2023 | 9:28 AM IST

No new Covid-19 variants found in China but mutation threat lingers

China has yet to detect any dangerous Covid mutations in the six weeks since the virus was unleashed on the country's 1.4 billion people after the abandonment of the rigid curbs

No new Covid-19 variants found in China but mutation threat lingers
Updated On : 14 Jan 2023 | 8:37 AM IST

Twitter sued for data leak of 200 mn users that it denied was due to flaw

New York state resident Stephen Gerber claims his personal information was among the cache of data obtained by hackers between 2021 and 2022

Twitter sued for data leak of 200 mn users that it denied was due to flaw
Updated On : 14 Jan 2023 | 8:28 AM IST

Joshimath crisis: Some other places at risk of sinking in Indian Himalayas

A sinking Himalayan town is highlighting the dangers posed to the region and the fragile ecology of the mountain range disturbed by a proliferation of dams, roads and military sites near China border

Joshimath crisis: Some other places at risk of sinking in Indian Himalayas
Updated On : 14 Jan 2023 | 8:15 AM IST

Chinese government entities to take golden shares in Alibaba, Tencent

The discussions are emerging as Beijing prepares to loosen its grip on the sector and move past a bruising crackdown that's enveloped most every internet sphere for well over a year

Chinese government entities to take golden shares in Alibaba, Tencent
Updated On : 14 Jan 2023 | 12:36 AM IST

Nomura sees 75 basis point rate cuts in 2023 as GDP slows in India

India's growth is "likely to disappoint at 4.5% in 2023 due to global spillovers, prompting 75 basis point of rate cuts in second half of 2023," Nomura economists led by Sonal Varma wrote

Nomura sees 75 basis point rate cuts in 2023 as GDP slows in India
Updated On : 13 Jan 2023 | 10:42 PM IST

Where will Europe get its diesel from after Russia is banned in 23 days?

The fuel is vital to the bloc's economy, powering cars, trucks, ships, construction and manufacturing equipment and more

Where will Europe get its diesel from after Russia is banned in 23 days?
Updated On : 13 Jan 2023 | 1:22 PM IST

China's exports slump 9.9% in December as global demand continues to drop

Export growth was robust for most of 2022, providing some support for the world's second-largest economy as it was hit by a housing market slump and weak consumer demand

China's exports slump 9.9% in December as global demand continues to drop
Updated On : 13 Jan 2023 | 11:03 AM IST

Coronavirus wave could continue for three months, warns China CDC veteran

The spread of the virus through rural areas is set to amplify the information vacuum within China that's sparked fears the true impact of the outbreak isn't been revealed

Coronavirus wave could continue for three months, warns China CDC veteran
Updated On : 13 Jan 2023 | 10:52 AM IST

Dream11 staff to pay Rs 1 lakh if they disturb colleagues on leave

The company, founded in 2008, makes it mandatory for workers to take at least a week off annually

Dream11 staff to pay Rs 1 lakh if they disturb colleagues on leave
Updated On : 12 Jan 2023 | 11:23 PM IST

UK strikes roll on as some 100,000 civil servants call for walkout

Workers for 124 government departments and agencies will walk out on Feb. 1, impacting a range of public services including driving tests, passport applications and welfare payments

UK strikes roll on as some 100,000 civil servants call for walkout
Updated On : 12 Jan 2023 | 10:16 PM IST

US inflation cools again to 6.5%, gives Fed room to downshift on rates

The overall CPI fell 0.1% from the prior month, with cheaper energy costs fueling the first decline in 2 1/2 years. The measure was up 6.5% from a year earlier

US inflation cools again to 6.5%, gives Fed room to downshift on rates
Updated On : 12 Jan 2023 | 10:07 PM IST