Page 519 - Bloomberg

Blockchain trilemma: What's next for Ethereum after long-awaited 'Merge'?

The long-awaited software revision, termed the Merge, shifted the blockchain from a so-called proof-of-work system to a more energy efficient proof-of-stake method for securing the network.

Elon Musk demands ex-Twitter product chief testify in takeover fight

Elon Musk is demanding Twitter Inc. make the former head of its consumer division answer questions about spam or robot accounts on the social-media platform that are central to his legal battle.

After the mess in Ukraine, is Vladimir Putin of any use to Russia?

Putin's claim to power has evolved over his nearly 22 years atop the Kremlin

iPhone maker Foxconn's India plant should draw lessons from the US

Wisconsin never hit its targets. And neither will Gujarat

Indonesia's plan to shut coal plants over next 30 yrs struggles for support

The Southeast Asian country plans to eliminate 15 Gigawatt of coal-generation over that time, requiring more than $600 billion of capital support, said Erick Thohir

Ethereum upgrades technology to cut CO2 output by 99%: Report

Even though completed, the Merge could be followed by days or even weeks of hiccups, based on what happened after some prior Ethereum software updates

Amazon keeps prices 'artificially high' for consumers, California alleges

He said the agreements block competition from other online retailers, resulting in inflated fees for merchants and higher prices for consumers

PM Modi's outreach to Vladimir Putin risks putting India in US crosshairs

Modi so far has managed to thread the needle between the two sides while advancing India's own interests. He's sought cheaper oil and much-needed weapons, to counter Beijing's aggression

Bias behind Indian women finding fewer jobs, earning less: Oxfam report

The latest numbers underscore challenges in providing equal opportunities: Between 2010 and 2020, the number of working women in India dropped from 26% to 19%, according to the World Bank

Shell CEO Ben van Beurden to leave at year-end; gas chief Sawan to step in

Shell Plc Chief Executive Officer Ben van Beurden will step down at the end of this year after almost 40 years at the company

WHO saying end of pandemic within reach falls flat in Covid zero China

Chinese are reacting with pessimism and humor to the World Health Organization chief saying the end of the pandemic is within reach, with millions of people still locked down

Bond investors risk getting burned if India fails to enter global indices

Bond purchases by global funds under the so-called Fully Accessible Route jumped to 42 billion rupees ($529 million) in August, the most since January

China braces for a slowdown even worse than 2020 as growth declines sharply

The consensus in a Bloomberg survey is for the economy to expand 3.5% this year, which would be the second-weakest annual reading in more than four decades

Sri Lanka's GDP likely plunged amid debt crisis, political turmoil

Gross domestic product probably fell 10% in the three months to June from a year ago, according to a Bloomberg survey of economists as of Wednesday

California man sues Tesla for 'deceiving' customers about self-driving cars

A California man claims the electric-car maker has "deceptively and misleadingly marketed" its driver-assistance systems

Jeff Bezos loses $10 billion overnight; Elon Musk takes a $8-billion hit

The S&P 500 fell 4.4 per cent, the most since June 2020, while the tech-heavy Nasdaq 100 tumbled 5.5 per cent

Xi Jinping unlikely to throw Putin a lifeline amid setbacks in Ukraine

Xi and Putin meet face-to-face in Uzbekistan on Thursday in their first sitdown since a Beijing meeting before the Winter Olympics that yielded a lengthy joint statement of more than 5,000 words

EU looks to raise $140 billion with windfall swoop on energy firms

As the bloc supports Ukraine, Russia has reduced or cut off natural gas to 13 member nations, surging gas and electricity prices that are expected to go higher as demand peaks during the cold months

Adani Wilmar eyes acquisitions to push food business, says CEO

"We are looking at acquiring brands in staple foods and distribution companies to boost our consumer goods offering and reach," Angshu Mallick, CEO of Adani Wilmar said

SoftBank's Masayoshi Son discusses setting up third Vision Fund: Report

The 65-year-old entrepreneur has raised billions of dollars in cash recently and sees another startup fund as one of several possible priorities for the money