Page 557 - Bloomberg

Credit's rout is so severe that double-digit losses are the norm

Investors have now lost 10.1 per cent this year on euro high-grade corporate bonds, Bloomberg debt indexes show

Google hit with UK probe into suspected competition breaches: Report

The Competition and Markets Authority will probe suspected breaches of competition law in Google's rules over in-app payments in its mobile store in the UK

Biden admin lifts Covid-19 test requirement for international travel

Top airline executives have said in recent weeks that flyers were concerned about the risk of booking international travel only to become stranded in foreign countries

Climate adaption sounds easy; it's not for most people in the world

The now-notorious speech by HSBC's Stuart Kirk last month argued 'we can solve this through adaption,' claiming that climate change fears were overblown

Juniors and seniors: What various generations think about working from home

A recent study by McKinsey & Co. found that workers aged 18 to 34 were 59% more likely to leave than 55- to 64-year-olds if their employer didn't offer a hybrid work arrangement

IPL broadcasting rights: Amazon plans to pull out of Rs 60,000 cr race

Amazon's surprise pullout leaves the field open to Ambani's Reliance, Disney and Sony Group Corp

Shanghai to lock down 8 districts, test millions as Covid cases rise again

In China there were 5 other infections found among people already in quarantine on Thursday, for a total of 11 cases in the financial hub. Nationwide, China added 73 infections

Donald Trump spurned pleas to end lies, call off mob, says Jan 6 panel

House lawmakers investigating the Jan 6 insurrection drew a portrait of then-President Donald Trump doggedly pursuing an effort to undo the 2020 election, inciting his supporters

Jeff Bezos, Mukesh Ambani set to battle over $7.7 bn IPL broadcast rights

Jeff Bezos, Mukesh Ambani's companies are expected to be the top two contenders at a June 12 Indian Premier League auction, which is likely to lure several bidders

Apple will handle lending itself with the 'buy now, pay later' service

Launches 'Buy Now Pay Later' scheme, sets up a wholly owned subsidiary to extend loans for the service

EU lawmakers uphold ban on new combustion engine cars by 2035: Report

Members of Parliament rejected an amendment that would have allowed some auto emissions from new vehicles after 2035

Fashion startup Zilingo's board said to approve debt repayment to creditors

The move puts the embattled fashion startup in a precarious financial position, given its money-losing operations and limited access to fresh capital

RIL, Apollo put in binding bid to acquire UK pharmacy chain Boots

Offer values UK chemist chain at $6.3 billion

European gas prices surge after fire in US compounds Russia supply concern

Benchmark futures traded in Amsterdam snapped a six-day falling streak, while UK prices soared as much as 39% before paring gains

Volkswagen plans to sell its first electric car in India in 2023

VW to import EVs within 2,500 unit limit to sell in India; carmaker plans to locally assemble EVs in the country by 2027

Germany's Lufthansa cancels hundreds of flights due to staff shortages

The canceled flights, which were due to take place on Fridays, Saturdays and Sundays, represent about 5% of the airline's typical weekend capacity.

Outsourcer iEnergizer Ltd in discussions on sale to buyout firm BPEA

iEnergizer offers customer management and custom content development services, according to its website

Alibaba's stock slips as big hopes on Ant IPO revival quickly fade

Shares of the e-commerce giant shot up as much as 7% earlier after a Bloomberg News report that China's financial regulators have established a team to assess the fintech giant's share sale plans.

Amid inflation, ECB cements July liftoff with bond-buying to end in 3 weeks

The European Central Bank confirms its intention to hike interest rates at its policy meeting next month and downgraded its growth forecasts

China: Shanghai locks down parts of city again as Covid fears return

The mini-lockdown is raising concerns that the city's reopening is backsliding as officials fear a rebound in cases.