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Bloomberg

Bloomberg

Page 533 - Bloomberg

India, Pakistan left in a lurch as gas deliveries get redirected to Europe

With gas prices more than 150% higher since the Russian invasion in February, and wealthier nations able to pay more to ensure adequate supplies, emerging nations can't compete

India, Pakistan left in a lurch as gas deliveries get redirected to Europe
Updated On : 19 Aug 2022 | 9:21 AM IST

Lure of big profits draws more older tankers into Russian oil trade

At least four tankers 15 years or older have joined the pool of vessels delivering Russian oil from Kozmino since May

Lure of big profits draws more older tankers into Russian oil trade
Updated On : 19 Aug 2022 | 9:07 AM IST

Elizabeth Holmes's fraud victims asked to weigh in for sentencing

Prosecutors said they're distributing questionnaires, requesting statements about the impact of the frauds

Elizabeth Holmes's fraud victims asked to weigh in for sentencing
Updated On : 19 Aug 2022 | 8:08 AM IST

India aims to copy China, but unbridled digital lending off policy agenda

The Reserve Bank of India's recently released guidelines for app-based loans show a clear desire to rein in the industry after its pandemic-era excesses

India aims to copy China, but unbridled digital lending off policy agenda
Updated On : 19 Aug 2022 | 8:07 AM IST

Singapore will pip Oz to be Asia's millionaire capital by 2030: HSBC

The financial hub is expected to top the list in Asia-Pacific followed by Australia, Hong Kong and Taiwan, the bank wrote in a report Tuesday

Singapore will pip Oz to be Asia's millionaire capital by 2030: HSBC
Updated On : 19 Aug 2022 | 12:17 AM IST

'Boomerang employees' are going back to the old jobs they quit

Familiarity, fears of recession and regrets about the Great Resignation are drawing workers back, and bosses are boasting about it on social media

'Boomerang employees' are going back to the old jobs they quit
Updated On : 19 Aug 2022 | 12:11 AM IST

Apple Inc targets Sept 7 for iPhone 14 launch in flurry of devices

The new iPhones will kick off a busy fall product season, which will also include multiple new Macs, low-end and high-end iPads, and three Apple Watch models

Apple Inc targets Sept 7 for iPhone 14 launch in flurry of devices
Updated On : 18 Aug 2022 | 11:55 PM IST

Hong Kong's AMTD, whose stock soared 32000%, faces regulatory scrutiny

The previously unreported probe by Hong Kong's securities watchdog into AMTD Group Co., which is run by former UBS Group AG banker Calvin Choi, predates the US listing of its unit AMTD Digital Inc

Hong Kong's AMTD, whose stock soared 32000%, faces regulatory scrutiny
Updated On : 18 Aug 2022 | 11:37 PM IST

Damani's budget grocery chain DMart eyes fivefold growth in heated market

Avenue Supermarts could scale up the chain known for its knockdown prices on everything from lentils to laundry powder to 1,500 supermarkets from 284

Damani's budget grocery chain DMart eyes fivefold growth in heated market
Updated On : 18 Aug 2022 | 10:05 PM IST

China plans more fiscal stimulus as outlook darkens with rising Covid cases

China's local governments could sell more than $229 billion of bonds to fund infrastructure investment and plug budget gaps

China plans more fiscal stimulus as outlook darkens with rising Covid cases
Updated On : 18 Aug 2022 | 11:27 AM IST

Industrial China is alive and well despite concerns of economic slowdown

Data this past week showed a dismal picture: China's industrial output rose 3.8% from a year earlier, which was below expectations, fixed investment grew slower than forecast and credit was weak

Industrial China is alive and well despite concerns of economic slowdown
Updated On : 18 Aug 2022 | 11:19 AM IST

Rushdie attack: Cost of prizing religious identity over defence of liberty

In a piece of dreadful irony, last week's brutal knife attack on Salman Rushdie came just days before the 75th anniversary of the partition of India and Pakistan

Rushdie attack: Cost of prizing religious identity over defence of liberty
Updated On : 18 Aug 2022 | 11:12 AM IST

Goldman Sachs, Nomura downgrade China GDP forecasts as outlook darkens

Goldman Sachs lowered its projection for China's gross domestic product growth to 3% from 3.3%, citing weaker-than-expected July economic data as well as near-term energy constraints

Goldman Sachs, Nomura downgrade China GDP forecasts as outlook darkens
Updated On : 18 Aug 2022 | 8:35 AM IST

Covid's harmful effects on brain reverberate years later, finds study

While anxiety and depression occur more frequently after Covid than other respiratory infections, the risk typically subsides within two months, researchers found

Covid's harmful effects on brain reverberate years later, finds study
Updated On : 18 Aug 2022 | 8:28 AM IST

India may delay coal plant closures amid crisis in blow to climate action

India's government is studying a slower retirement of aging coal-fired power plants as it also adds newer sites, a move that would keep fossil fuel capacity higher for years

India may delay coal plant closures amid crisis in blow to climate action
Updated On : 18 Aug 2022 | 8:23 AM IST

FPI buying streak signals more upside for Indian equities, suggests data

The average 20-day and 10-day gain after a double-digit stretch of buying is 2.7 per cent and 1.4 per cent, respectively, reveals Bloomberg data

FPI buying streak signals more upside for Indian equities, suggests data
Updated On : 18 Aug 2022 | 12:39 AM IST

Blackstone to sell Sona BLW's shares worth nearly Rs 4,000 cr on Thursday

About 13.6% stake in Sona BLW Precision Forgings is likely to be sold via block deals on Thursday

Blackstone to sell Sona BLW's shares worth nearly Rs 4,000 cr on Thursday
Updated On : 17 Aug 2022 | 11:46 PM IST

Fed saw smaller hikes ahead to assess prior moves, show July minutes

Pace of future Fed hikes depends on data, no evidence inflation subsiding, July minutes show

Fed saw smaller hikes ahead to assess prior moves, show July minutes
Updated On : 17 Aug 2022 | 11:44 PM IST

Amazon accuses FTC of harassing Bezos, CEO Andy Jassy in Prime probe

In a filing made public, Amazon claimed FTC staff have made "unduly burdensome" demands as it investigates whether the company's subscription services, including Amazon Prime, violate antitrust laws

Amazon accuses FTC of harassing Bezos, CEO Andy Jassy in Prime probe
Updated On : 17 Aug 2022 | 10:48 PM IST

UK inflation hits double digits in July for the first time in 40 years

The Consumer Prices Index rose 10.1% in July in the UK from a year earlier after a 9.4% gain the month before

UK inflation hits double digits in July for the first time in 40 years
Updated On : 17 Aug 2022 | 10:38 PM IST