Page 532 - Bloomberg

Saudi betting on EV batteries may prompt others to announce ambitious plans

The world's oil capital, Saudi Arabia wants to go electric and get clean. To do so, it's getting its hands on minerals critical for batteries and taking a stake in the electric vehicle-supply chain

Japan considers stockpiling over 1,000 long-range missiles, says report

The projectiles will be deployed mainly across the Nansei Islands and Kyushu, according to the article

Power crunch in Sichuan province adds to manufacturers' woes in China

High temperatures, record electricity demand cause gaps in power supply

Germany leads as Europe slides towards recession amid supply shortages

Purchasing managers' indexes due Tuesday will likely show private-sector output shrinking for a second month, adding to signs that a recession in the 19-nation euro zone is now more likely than not

Ethereum overhaul risks creating a new class of crypto kingpins

While there are already more than 416,000 validators lined up to order transactions, there are only a handful of participants committed to serving as builders

Net zero will make or break Aberdeen, one of the UK's wealthiest cities

Oil prices may be booming again, but growing demand for cheap home-grown energy as Russia's war in Ukraine squeezes supplies is giving Aberdeen another reason to shift its focus to renewables

Saudi Arabia's economy is booming and this time it isn't only about oil

The property market of Saudi Arabia, the world's biggest exporter of oil, is red-hot as income from a spike in energy prices flows through the economy

China's decoupling from emerging markets to revive growth may prove a blip

Chinese equities are seen making up lost ground as the extreme pessimism toward its economy recedes and authorities take further steps to revive stuttering growth

Govt may consider wheat import as shortage, rising inflation worries loom

The looming shortage and rising prices now have authorities making preparations to buy from overseas

Rains, pests force world's top cotton producer India to import supplies

This confluence of extreme weather events brought on by climate change has sent cotton prices soaring by as much as 30%

Twitter tells employees bonuses could halve, based on performance: Report

Challenges for Twitter include advertisers' uncertainty related to the Ukraine war and a legal dispute with Elon Musk over his plan to abandon his $44 billion purchase

Berkshire Hathaway seeks to buy as much as 50% of Occidental Petroleum

Berkshire has spent this year wagering more on Occidental after first making a bet on the Houston-based oil company three years ago

Monkeypox virus can linger on common household items, shows US govt study

Though it's not yet clear if that can spread the monkeypox infection, according to a government study

SoftBank taps Sumer Juneja to oversee European investments: Report

Juneja's enhanced role comes amid the impending departures of managing partners Yanni Pipilis and Munish Varma, who are joining a new investment firm led by Misra

Pizza Hut adds rice bases to menu as wheat costs soar in Japan

The new range will initially be available for about six weeks, but could become a regular menu item if demand is strong

Xi Jinping, Vladimir Putin plan to attend G-20 summit in Indonesia

The presence of Xi and Putin would set up a showdown with US President Joe Biden and other democratic leaders

Adani Group gets Sebi approval for $3.8 billion open offer for Ambuja, ACC

The group, led by Asia's richest person Gautam Adani, is set to make an offer to buy 26% of Ambuja Cements Ltd. for 385 rupees per share and the same stake for 2,300 rupees per share of ACC Ltd

Asian market's dry spell leaves India's credit with worst streak in 13 yrs

No deals in excess of $100 million concluded in the week ending Aug 19, after just $453 million the week before

Paytm CEO Vijay Shekhar Sharma to face crucial test of investor confidence

The billionaire founder of Paytm faces a crucial test of investor confidence Friday, when shareholders will decide whether they want him at the helm.

Twitter going after friends, colleagues over every chat about buyout: Musk

The billionaire on Wednesday complained about it to the judge overseeing their legal dispute