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Bloomberg

Bloomberg

Page 479 - Bloomberg

China orders seven-day lockdown in area around world's largest iPhone plant

The abrupt action reflects Beijing's Covid Zero approach to stamping out outbreaks, and is likely to further disrupt Foxconn's main operations base.

China orders seven-day lockdown in area around world's largest iPhone plant
Updated On : 02 Nov 2022 | 10:56 PM IST

Rohan Murty wants to use data to make white-collar workers more efficient

The startup, based both in Boston and Bangalore, gets a real-time view of how people in teams get work done by using machine learning

Rohan Murty wants to use data to make white-collar workers more efficient
Updated On : 02 Nov 2022 | 9:58 AM IST

America's best restaurant Chai Pani pays homage to India's fave snack food

Very few Indians know their favorite snack has an American connection, and it's a safe bet that even fewer Americans know their country's contribution to Indian street food

America's best restaurant Chai Pani pays homage to India's fave snack food
Updated On : 02 Nov 2022 | 9:40 AM IST

Twitter global sales VP leaves company after Elon Musk's takeover

Musk, who acquired the company for $44 billion last week, is moving swiftly to thin the executive ranks as he looks to reshape the company to conform with his own vision.

Twitter global sales VP leaves company after Elon Musk's takeover
Updated On : 02 Nov 2022 | 8:21 AM IST

As China-US ties worsen, Hong Kong bankers fear for their careers

The defiant tone President Xi Jinping took toward the US got those hardworking financiers scared.

As China-US ties worsen, Hong Kong bankers fear for their careers
Updated On : 02 Nov 2022 | 8:03 AM IST

Genetically modified mustard seeds may fix India's cooking oil imbalance

New Delhi has given environmental clearance to a genetically modified mustard crop, which promises to boost yields by as much as 28%

Genetically modified mustard seeds may fix India's cooking oil imbalance
Updated On : 02 Nov 2022 | 7:49 AM IST

Credit Suisse is not for the sale, says chairman Axel Lehmann

With its share price slumping by more than half this year, the 166-year-old institution has been vulnerable to rumors of takeover bids and concerns over its stability

Credit Suisse is not for the sale, says chairman Axel Lehmann
Updated On : 02 Nov 2022 | 12:59 AM IST

'It is unacceptable': Investors react to 40-minute Toronto Exchange Outage

A 40-minute outage across three stock exchanges stalled equity trading in Canada, leaving some investors frustrated and others refusing to place orders even after it reopened.

'It is unacceptable': Investors react to 40-minute Toronto Exchange Outage
Updated On : 01 Nov 2022 | 11:36 PM IST

Tata Group plans to add up to 45,000 workers at iPhone parts plant

The plant in the industrial town of Hosur, in Tamil Nadu state, will hire as many as 45,000 women workers within 18 to 24 months as it sets up new production lines

Tata Group plans to add up to 45,000 workers at iPhone parts plant
Updated On : 01 Nov 2022 | 11:14 PM IST

A chapter ends: Penguin merger with Simon & Schuster stalled

The win in the book publisher case comes after DoJ's antitrust lawyers lost three challenges in a row, though some of those cases are now being appealed

A chapter ends: Penguin merger with Simon & Schuster stalled
Updated On : 01 Nov 2022 | 11:08 PM IST

China stocks roar back on reopening 'rumours'; oil price rises 1%

A gauge of Chinese stocks listed in Hong Kong surged almost 7 per cent intraday, rebounding from its lowest close since late 2005

China stocks roar back on reopening 'rumours'; oil price rises 1%
Updated On : 01 Nov 2022 | 10:48 PM IST

Reserve Bank starts pilot digital currency program for select banks

Banks traded Rs 275 crore ($33.3 million) of bonds on the first day using the new form of currency, data showed

Reserve Bank starts pilot digital currency program for select banks
Updated On : 01 Nov 2022 | 6:17 PM IST

China's property debt crisis enters new phase as bond havens crumble

China's property debt crisis is entering a new phase as even developers that had long been considered safer rapidly tumble into distress

China's property debt crisis enters new phase as bond havens crumble
Updated On : 01 Nov 2022 | 4:57 PM IST

Musk expected to appoint new product leadership at Twitter, seeks advice

It's not clear who will ultimately take over but Musk has turned to old friends for advice in the first few days of his Twitter ownership

Musk expected to appoint new product leadership at Twitter, seeks advice
Updated On : 01 Nov 2022 | 11:49 AM IST

Who are the mystery buyers responsible for central bank gold boom?

Almost 400 tons were scooped up by central banks in the third quarter, more than quadruple the amount a year earlier, according to the World Gold Council

Who are the mystery buyers responsible for central bank gold boom?
Updated On : 01 Nov 2022 | 11:42 AM IST

Foreigners turn sellers of Indian sovereign bonds on index disappointment

The outflow from the so-called Fully Accessible Route, or FAR, securities marked the first such withdrawal in seven months

Foreigners turn sellers of Indian sovereign bonds on index disappointment
Updated On : 01 Nov 2022 | 11:37 AM IST

India jobless rate rises in Oct led by sharp rise in rural unemployment

Rural unemployment rate climbed to 8.04% from 5.84% in September, while urban jobless rate was at 7.21% compared to 7.7% a month before

India jobless rate rises in Oct led by sharp rise in rural unemployment
Updated On : 01 Nov 2022 | 11:24 AM IST

RBI starts pilot of its digital currency, allows 9 banks to use it

The e-rupee is set to be test launched within a month for retail use in select locations and users, the Reserve Bank of India had said in a statement Monday

RBI starts pilot of its digital currency, allows 9 banks to use it
Updated On : 01 Nov 2022 | 10:29 AM IST

China's property crash sends billionaire founders heading to exits

Longfor Group Holdings Ltd.'s Wu Yajun resigned on Friday as executive director and chair, shortly after Soho China Ltd.'s Pan Shiyi quit in September

China's property crash sends billionaire founders heading to exits
Updated On : 01 Nov 2022 | 9:28 AM IST

Musk effect: Twitter limits content-enforcement tools as US election looms

Most people who work in Twitter's Trust and Safety organization are currently unable to alter or penalize accounts that break rules around misleading information, offensive posts and hate speech

Musk effect: Twitter limits content-enforcement tools as US election looms
Updated On : 01 Nov 2022 | 9:21 AM IST