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Page 472 - Bloomberg

COP27 what to watch: Climate progress hinges on crucial week two

Here's how week one went down and what to expect from the rest of this year's UN climate summit

COP27 what to watch: Climate progress hinges on crucial week two
Updated On : 13 Nov 2022 | 6:44 PM IST

G20 summit: Eight things to watch for as global leaders meet in Bali

This G20 gathering comes against the backdrop of Russia's war in Ukraine, plus increasingly confrontation between the US and China, and tensions over oil supply between the US and Saudi Arabia.

G20 summit: Eight things to watch for as global leaders meet in Bali
Updated On : 13 Nov 2022 | 6:46 AM IST

The $14 billion feud that splintered the billionaire Hinduja family

The family has now called a temporary truce, but the long-running and rancorous dispute has put at stake the future governance of the Anglo-Indian empire

The $14 billion feud that splintered the billionaire Hinduja family
Updated On : 12 Nov 2022 | 2:53 PM IST

Bankrupt FTX hit by mysterious outflow of about $662 mn in past 24 hours

It's unclear exactly who's making the transactions, but you wouldn't expect to see these on-chain trades at this time: Alex Svanevik, chief executive officer at Nansen

Bankrupt FTX hit by mysterious outflow of about $662 mn in past 24 hours
Updated On : 12 Nov 2022 | 2:26 PM IST

Chinese cities reduce mass testing as nation eases Covid measures

China reported that new local cases rose to 11,323 for Friday, after daily infections climbed above 10,000 for the first time since April on the previous day

Chinese cities reduce mass testing as nation eases Covid measures
Updated On : 12 Nov 2022 | 1:37 PM IST

White House monitoring FTX collapse, calls for crypto industry regulation

The collapse this week of FTX dealt another blow to the cryptocurrency industry, which has seen severe volatility and bankruptcies of other high-profile firms, including Celsius Network Ltd

White House monitoring FTX collapse, calls for crypto industry regulation
Updated On : 12 Nov 2022 | 11:21 AM IST

Crypto's most urgent question: Where will FTX's aftershock be felt?

From blue-chip venture investors to celebrity endorsements, from Silicon Valley to Washington, from lenders to yield farmers and market makers, the three-year-old firm cut a wide swath through online

Crypto's most urgent question: Where will FTX's aftershock be felt?
Updated On : 12 Nov 2022 | 7:46 AM IST

How Sam Bankman-Fried fooled the crypto world and maybe even himself

The scandal has shocked the crypto players who giddily celebrated Bankman-Fried as the J.P. Morgan of their times and left them grasping for parallels

How Sam Bankman-Fried fooled the crypto world and maybe even himself
Updated On : 12 Nov 2022 | 7:37 AM IST

Here's what led Elon Musk to talk of bankruptcy for Twitter: Timeline

With $1.2 billion of annual interest payments from the acquisition coming due, and possibly higher with rising interest rates, Musk is in a rush to shore up cash

Here's what led Elon Musk to talk of bankruptcy for Twitter: Timeline
Updated On : 12 Nov 2022 | 7:20 AM IST

World's biggest democracies sound warning on Twitter blue checks

From India to Brazil and the US, officials are warning of a proliferation in fake accounts, with some saying the new system in which a blue check mark can be bought for $7.99 a month is ripe for abuse

World's biggest democracies sound warning on Twitter blue checks
Updated On : 12 Nov 2022 | 7:13 AM IST

Twitter pauses $8 subscription plan after fake accounts proliferate

Twitter Inc. suspended the $8 subscription program it launched earlier this week to combat a growing problem of users impersonating major brands, a person familiar with the move said

Twitter pauses $8 subscription plan after fake accounts proliferate
Updated On : 11 Nov 2022 | 11:29 PM IST

Twitter bankruptcy possible if cash burn doesn't stop, Musk tells employees

Issues multiple warnings, asks staff to brace for 80-hour work weeks

Twitter bankruptcy possible if cash burn doesn't stop, Musk tells employees
Updated On : 11 Nov 2022 | 11:26 PM IST

Twitter's hectic overhaul under Musk puts world's regulators on alert

In a rare intervention on Thursday, the US Federal Trade Commission said that it was tracking developments with "deep concern" and said that "no CEO or company is above the law"

Twitter's hectic overhaul under Musk puts world's regulators on alert
Updated On : 11 Nov 2022 | 10:49 PM IST

SoftBank Vision Fund loses $7.2 billion on back of tech writedowns

The Vision Fund segment lost 1.02 trillion yen in July-September, following a 2.33 trillion yen loss in the June quarter. Overall, the Japanese conglomerate logged net income of 3.03 trn in last qtr

SoftBank Vision Fund loses $7.2 billion on back of tech writedowns
Updated On : 11 Nov 2022 | 10:15 PM IST

Dollar suffers biggest plunge since 2009 as CPI smacks Fed bets

A slower pace of rate hikes could curb the dollar's rally this year which has weakened its Group-of-10 currency peers

Dollar suffers biggest plunge since 2009 as CPI smacks Fed bets
Updated On : 11 Nov 2022 | 10:14 PM IST

Commercial spat on LNG between Germany, India turns into diplomatic tussle

Diplomats have been called in to try to resolve a disagreement over a cut in supplies of liquefied natural gas to India by a German-state-backed company

Commercial spat on LNG between Germany, India turns into diplomatic tussle
Updated On : 11 Nov 2022 | 7:02 PM IST

RBI targets selling first batch of green bonds as early as December

Reserve Bank of India, the nation's debt manager, is preparing to sell its first ever batch of sovereign green bonds as early as next month, according to people with knowledge of the matter

RBI targets selling first batch of green bonds as early as December
Updated On : 11 Nov 2022 | 6:46 PM IST

Boeing Co sees India as key to offset sluggish business in China

Boeing and Airbus SE are both in the running for what could be one of the largest aircraft deals ever as formerly state-run Air India Ltd. is overhauled by new owner Tata Group

Boeing Co sees India as key to offset sluggish business in China
Updated On : 11 Nov 2022 | 6:33 PM IST

RBI prods Indian civic bodies to issue municipal bonds for funding

India's local city governments must consider issuing municipal bonds to meet their funding requirements as the demand to ramp-up infrastructure in the Asia's third-largest economy grows

RBI prods Indian civic bodies to issue municipal bonds for funding
Updated On : 11 Nov 2022 | 4:12 PM IST

Twitter's big headache: Brand impostors thanks to the $8 verification

Users started creating Twitter accounts pretending to be major brands and politicians, fooling users and potentially jeopardizing Twitter's now-shaky reputation with top advertisers

Twitter's big headache: Brand impostors thanks to the $8 verification
Updated On : 11 Nov 2022 | 9:07 AM IST