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Page 547 - Bloomberg

BT Group asks UK's government for more time to remove Huawei core

The core is the most sensitive part of a broadband network, akin to a sorting office for mail

BT Group asks UK's government for more time to remove Huawei core
Updated On : 30 Jun 2022 | 1:43 AM IST

Spain inflation soars to record 10% as ECB gears up for rate hikes

Energy and food costs drove Spanish inflation to 10% last month -- defying government efforts to curb it and raising pressure on Prime Minister Pedro Sanchez

Spain inflation soars to record 10% as ECB gears up for rate hikes
Updated On : 30 Jun 2022 | 1:37 AM IST

EU countries endorse a push to end combustion engine sales by 2035

Environment ministers struck a deal on the proposal after Italy gave up demands for a five-year delay in the EU's plan for automakers to clean up their fleet

EU countries endorse a push to end combustion engine sales by 2035
Updated On : 30 Jun 2022 | 1:29 AM IST

Byju's offers to buy US-listed edtech firm 2U for over $1 billion

Byju's made the offer of about $15 a share to 2U's board last week, said the person, who asked not to be named as the bid isn't yet public

Byju's offers to buy US-listed edtech firm 2U for over $1 billion
Updated On : 29 Jun 2022 | 11:21 PM IST

Recession worries hand emerging stocks worst first half since 1998

The MSCI EM Index has fallen about 17 per cent this year through Monday - the second-steepest plunge for the period in data stretching back to 1993

Recession worries hand emerging stocks worst first half since 1998
Updated On : 29 Jun 2022 | 11:08 PM IST

MicroStrategy buys $10-mn Bitcoin in middle of crypto's big chill

As of June 28, the company holds about 129,699 Bitcoin bought for about $3.98 billion, or $30,664 per coin, according to the filing

MicroStrategy buys $10-mn Bitcoin in middle of crypto's big chill
Updated On : 29 Jun 2022 | 10:31 PM IST

NFTs have 'fallen off the cliff' as sales, prices plummet in recent weeks

The crypto niche is on course to record its first month with under $1 billion in sales since June 2021, according to data tracker DappRadar

NFTs have 'fallen off the cliff' as sales, prices plummet in recent weeks
Updated On : 29 Jun 2022 | 10:14 PM IST

Mukesh Ambani's daughter Isha set to be named chairperson of retail unit

An announcement of Isha Ambani's elevation could come as early as Wednesday, according to people with knowledge of the matter, who asked not to be identified ahead of a formal statement

Mukesh Ambani's daughter Isha set to be named chairperson of retail unit
Updated On : 29 Jun 2022 | 10:46 AM IST

Attendance of Japan, S Korea at NATO Summit may stoke China's worst fears

For the first time, the leaders of Japan, South Korea, Australia and New Zealand will all attend a 30-member NATO Summit

Attendance of Japan, S Korea at NATO Summit may stoke China's worst fears
Updated On : 29 Jun 2022 | 7:58 AM IST

Junk bond investors stung by China look to India and Southeast Asia

Asian junk bond investors are increasingly looking to smaller pockets of the market as a debt crisis among the biggest issuers, Chinese property developers, forces old playbooks to be rewritten

Junk bond investors stung by China look to India and Southeast Asia
Updated On : 29 Jun 2022 | 7:14 AM IST

Jupiter CEO Andrew Formica quits to 'sit at the beach and do nothing'

Formica, 51, will leave the position on Oct. 1 and will also resign as a director of the London-based company on that date, according to a statement Tuesday

Jupiter CEO Andrew Formica quits to 'sit at the beach and do nothing'
Updated On : 29 Jun 2022 | 2:06 AM IST

Netflix's plan to fix its subscription crisis starts in Asia: Report

The Asia Pacific region accounts for 15 per cent of Netflix's 221.6 million global subscribers and is forecast to be the biggest driver of further expansion

Netflix's plan to fix its subscription crisis starts in Asia: Report
Updated On : 29 Jun 2022 | 1:38 AM IST

Crisis-hit Sri Lanka's economy shrinks 1.6% in the March quarter

The contraction likely marks the beginning of a painful and long recession for the country

Crisis-hit Sri Lanka's economy shrinks 1.6% in the March quarter
Updated On : 29 Jun 2022 | 1:31 AM IST

Edtech company Byju's pushes back payments for $1 billion acquisition

Blackstone, which owned 38 per cent of Aakash, opted to defer payments due until this year, one of the people said

Edtech company Byju's pushes back payments for $1 billion acquisition
Updated On : 29 Jun 2022 | 12:59 AM IST

Ant-backed Zomato loses $1.1-billion market value in just two days

Zomato - among the first-generation of internet unicorns to tap into India's capital market - tumbled 8.4 per cent in Mumbai trading on Tuesday on top of a 6.6 per cent drop on Monday

Ant-backed Zomato loses $1.1-billion market value in just two days
Updated On : 28 Jun 2022 | 11:54 PM IST

India defies global slump with a record $82 bn dealmaking spree in Q2

India saw $82.3 billion pending and completed M&A deals in the second quarter, the highest amount on record, according to data compiled by Bloomberg

India defies global slump with a record $82 bn dealmaking spree in Q2
Updated On : 28 Jun 2022 | 11:12 PM IST

Tourists are rushing back to Thailand and Indians are leading the way

Foreign tourist arrivals totaled 2.03 million between Jan. 1 and June 26, deputy government spokeswoman Traisuree Taisaranakul said in a statement on Monday

Tourists are rushing back to Thailand and Indians are leading the way
Updated On : 28 Jun 2022 | 12:16 PM IST

Pallonji Mistry, Indian-Irish billionaire caught in Tata feud, dies at 93

Mistry and his family control the Shapoorji Pallonji Group, which started more than 150 years ago and today employs more than 50,000 people in over 50 countries

Pallonji Mistry, Indian-Irish billionaire caught in Tata feud, dies at 93
Updated On : 28 Jun 2022 | 11:32 AM IST

Want to buy a Mahindra XUV700? Your waiting time might be 22 months

Outstanding customer pre-orders for the seven-seater XUV700, which the Indian automaker launched in August, are running to around 70,000

Want to buy a Mahindra XUV700? Your waiting time might be 22 months
Updated On : 28 Jun 2022 | 10:30 AM IST

The RBI is no fan of 'buy now, pay later' and it's wholly understandable

Last week, the Reserve Bank of India brought out its regulatory axe and hacked away at a popular path to small-ticket fintech loans

The RBI is no fan of 'buy now, pay later' and it's wholly understandable
Updated On : 28 Jun 2022 | 7:34 AM IST