Page 50 - Bloomberg

Trump to ask US Supreme Court for expedited ruling to save tariffs

Trump told reporters that the US would appeal to the high court for relief as soon as Wednesday because "it would be a devastation for our country" if the appeals court ruling was left in place

JPMorgan to boost corporate banking presence in India on investment jump

JPMorgan, which counts India and Japan as its two fastest-growing Asian markets in terms of revenue from corporate banking, expects no let-up in growth despite US doubling tariffs on Indian imports

US holds back China trade threats as it weighs Russia sanctions

President Donald Trump has threatened to slap sanctions on buyers of Russian oil unless an agreement between Kyiv and Moscow can be reached to end the conflict that's now well into its fourth year

US ICE to gain access to Paragon spyware after Biden order dropped

The Trump administration reactivated an ICE contract for spyware from Tel Aviv-based Paragon on Saturday that had previously been blocked due to a stop order

Russian crude becomes cheaper for India amid US pressure on oil trade

India became a major importer of Russian crude after the start of the war in Ukraine in 2022, but the South Asian nation was recently slapped with crushing US tariffs for the trade

Limited room to buy bonds issued by states: India's biggest banks to RBI

Banks' reduced buying of state bonds could strain India's state governments, which have completed only about 26% of their planned borrowing this fiscal year

Reliance set to gain most as China curbs price wars, says Morgan Stanley

Reliance is building out a fully integrated solar supply chain in India at a time when overcapacity is forcing China to rationalise its polysilicon production

Kim Jong Un crosses into China by train to attend parade with Xi, Putin

The train is expected to arrive in Beijing later in the day, Yonhap said, citing the Korean Central Broadcasting Station, the North's state-run radio service

Ambani rallies global allies as Reliance faces US-India trade storm

The 68-year-old patriarch, whose processing of discounted Russian oil is at the heart of rapidly fraying US-India ties, needs all the support he can get

European bonds face volatility as Dutch pension reform nears €2 trn mark

The Dutch central bank warned earlier this year of a risk to financial stability, and the complexity of the underlying mechanics means it's hard to get a grasp on the extent of any disruption

Brics leaders to hold virtual meet to discuss Trump's trade tariffs

The US has set different tariffs for different BRICS nations, however, making it difficult for them to agree on a joint statement, according to the Brazilian officials

Starmer reshuffles Downing Street team to reset govt after first year

The moves are an attempt by Starmer to get a grip of his administration after criticism that he has lacked direction on overall strategy as well as on policy areas ranging from economy to immigration

Renault names Katrin Adt as Dacia head in top management overhaul

Renault is tapping Katrin Adt, a longtime Mercedes-Benz Group AG executive, to succeed Denis Le Vot as head of the popular Dacia brand

Chanel owners lean on 38 yr old Arthur Heilbronn to manage their billions

Arthur Heilbronn is the son of Charles Heilbronn, founder and chairman of Mousse since 1991, who is a half-brother of Alain and Gerard Wertheimer, third-generation Chanel heirs

Ambani family postpones New York show amid ongoing India-US tensions

It is with deep regret that we share the NMACC India Weekend in New York, scheduled to open on Sept. 12, has been postponed due to unforeseen circumstances, the Nita Mukesh Ambani Cultural Centre said

Alibaba gains $50 billion value after AI progress fuels market rally

China's e-commerce leader posted a triple-digit percentage gain in AI-related product revenue as well as a better-than-anticipated 26 per cent jump in sales from the cloud division

Tesla sees retail exodus in South Korea as investors turn to crypto

The exodus signaled waning enthusiasm among one of Tesla's most loyal global retail bases, whose buying sprees once amplified the stock's rallies

Chinese hybrids, EVs set to storm Munich in latest European expansion

BYD Co., Xpeng Inc. and Zhejiang Leapmotor Technology Co. are among manufacturers showing off new models at the IAA Mobility 2025 expo

Samsung, SK Hynix drop as US revokes chip equipment permits for China

Trump administration's move would revise what's known as the validated end user, or VEU, rules, handicapping the ability to make chips in China and jeopardizing it's access to certain technologies

China's private factory gauge unexpectedly returns to growth in August

The RatingDog China General Manufacturing Purchasing Managers' Index rose to 50.5 from 49.5 in July