Bloomberg
Bloomberg
Page 494 - Bloomberg
China's economic growth now seen below 5% through 2024 on Covid zero risk
Growth is now expected to be below 5% for each year through 2024, the latest Bloomberg survey of economists shows
 "China's economic growth now seen below 5% through 2024 on Covid zero risk")
Rishi Sunak shows the growing influence of Indian talent in the West
With Rishi Sunak as prime minister of the UK, it is now impossible to deny what has been evident for some while: Indian talent is revolutionizing the Western world
 "Rishi Sunak shows the growing influence of Indian talent in the West")
Big tech's dirty supply chains undercut climate promises from headquarters
Amazon.com Inc, Microsoft Corp, and Alphabet Inc have pledged to run their own operations on 100 per cent clean power. But their suppliers remain deeply reliant on fossil fuels
 "Big tech's dirty supply chains undercut climate promises from headquarters")
Tesla engineers visit Twitter office to meet product leads, review code
Elon Musk asked engineers from Tesla Inc., the electric-car maker he runs, to meet with product leaders at Twitter Inc., moving swiftly to make a mark on the company
 "Tesla engineers visit Twitter office to meet product leads, review code")
Xi's fraying ties with West make China+1 real theme in India festive season
India as a risk-mitigation tactic - a hedge against manufacturing all widgets in China - is a story that's gathering investor interest and helping to justify lofty valuations
 "Xi's fraying ties with West make China+1 real theme in India festive season")
China may ease Covid Zero by 2022-end to aid economy, says Mobius
China will probably ease its disruptive Covid Zero policy by the end of this year as its economy is in trouble and the government needs money "badly," said Mark Mobius
 "China may ease Covid Zero by 2022-end to aid economy, says Mobius")
Twitter CEO among top executives departing as Elon Musk takes over
Twitter Inc CEO Parag Agrawal is among executives planning to depart as Elon Musk completes his $44 billion deal to take over the social network
 "Twitter CEO among top executives departing as Elon Musk takes over")
US economy rebounds as businesses and consumers show resilience
Records first increase this year at 2.6%, following two quarterly contractions
 "US economy rebounds as businesses and consumers show resilience")
Meta's $677 billion rout boots it out of the world's top 20 stocks
Net profit cut in half, even as Zuckerberg seeks 'patience' from investors
 "Meta's $677 billion rout boots it out of the world's top 20 stocks")
Mark Zuckerberg asks for 'patience' as Meta's costs spook investors
Zuckerberg said he is confident that Meta's largest bets in areas such as short-form video, business messaging and the metaverse were headed in the right direction
 "Mark Zuckerberg asks for 'patience' as Meta's costs spook investors")
Too early to write off 'king' dollar's dominance, says Wall Street
It's too soon to write off the dollar's dominance as the US rate-hike cycle may not be near its peak
 "Too early to write off 'king' dollar's dominance, says Wall Street")
China bankers replaced by tech PhDs as Xi sparks new fund talent war
In the quest for talent, venture capital firms are forced to get creative
 "China bankers replaced by tech PhDs as Xi sparks new fund talent war")
Samsung scion Jay Y. Lee takes helm of South Korean technology empire
The decision emerged the same day his company reported disappointing earnings and warned it didn't foresee a recovery in technology demand till the second half of 2023
 "Samsung scion Jay Y. Lee takes helm of South Korean technology empire")
Meta's Instagram reaches 2 billion users, closing in on Facebook
The company disclosed the number during an otherwise-gloomy earnings report Wednesday, when a shaky ad market clouded Meta's forecast and sent its shares tumbling
 "Meta's Instagram reaches 2 billion users, closing in on Facebook")
Here's why Indians might have a good reason to celebrate Rishi Sunak
The WhatsApp groups that pass as India's public square today aren't dissecting his views on austerity or Brexit. Not when someone who shares our heritage now leads the country that once colonized us
 "Here's why Indians might have a good reason to celebrate Rishi Sunak")
Soaring inflation set to dent salary hikes for second year: Survey
The worst-hit region is likely to be Europe, where real salaries - nominal wage growth minus the rate of inflation - are seen being driven down an average 1.5 per cent
 "Soaring inflation set to dent salary hikes for second year: Survey")
Earth on track to warm above 2C despite climate action, claims report
Despite some progress in the last year, governments need to do more by 2030 to ensure that the global temperature increase is below 2C and ideally closer to 1.5C
 "Earth on track to warm above 2C despite climate action, claims report")
Poor quarterly show by US tech giants triggers $380 bn wipe off in m-cap
Disappointing quarterly updates from the Google parent, as well as Microsoft Corp. and semiconductor giant Texas Instruments Inc., triggered a selloff threatening to wipe more than $380 billion
 "Poor quarterly show by US tech giants triggers $380 bn wipe off in m-cap")
Continental power grid spanning Japan to India inches closer to reality
Plans for a web of sub-sea cables that would create a continental power grid spanning Japan to India are rapidly becoming cheaper and more feasible
 "Continental power grid spanning Japan to India inches closer to reality")
Motorcycle permits now costlier than new, entry-level bikes in Singapore
The cost of a 10-year motorcycle permit in the city-state hit a record S$12,801 ($8,984) this month according to data from the Land Transport Authority
 "Motorcycle permits now costlier than new, entry-level bikes in Singapore")