Page 567 - Bloomberg

Tesla loses spot on S&P ESG Index over crashes and work conditions

The index provider also cited concerns related to working conditions and the firm's handling of an investigation into deaths and injuries linked to its driver-assistance systems

Sajjan Jindal's JSW Infrastructure plans public listing by March 2024

The Mumbai-based company, which operates seaports and terminals, will soon start the process of engaging investment bankers and professional agencies to facilitate the listing

Biden weighs meeting Saudi Crown Prince next month in sign of thawing

A spokeswoman for the White House National Security Council said they have no travel to announce at this time.

Crisis-hit Sri Lanka falls into default, warns inflation may surge to 40%

Sri Lanka Missed $78M Bond Coupon, $105M China Payment April 18

Global economy loses $1.6 trn as world struggles to avoid a new Cold War

Russia's invasion of Ukraine and China's Covid Zero lockdowns are disrupting supply chains, hammering growth and pushing inflation to forty-year highs.

Asian companies to ramp up petrol exports to US as sky-high prices beckon

JPMorgan Chase & Co forecast this week that American gasoline could surge to as high as $6.20 a gallon by August

Monkeypox found in US and UK: What is it and should you be worried?

The case, the first in the US so far this year, follows reports of scattered cases in Europe, including seven in the UK and others in Portugal and Spain.

Tata Consumer in acquisition talks with at least five consumer brands

Tata group will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani's Reliance Industries Ltd

Apple delays plan to have staff in office three days a week from May 23

Apple was set to require employees to work from the office on Mondays, Tuesdays and Thursdays beginning next week -- a policy that had been controversial among some staff.

Twitter board says planning to enforce Elon Musk's merger agreement

The board's statement comes as Musk appears to be maneuvering to ditch or renegotiate his offer

Won't hesitate to keep hiking rates till inflation tamed: Fed chair

"What we need to see is inflation coming down in a clear and convincing way, and we're going to keep pushing until we see that," Powell said Tuesday during a Wall Street Journal live event

Mukesh Ambani and Gautam Adani reap windfall from surging oil, coal prices

Shares of both RIL and Adani Enterprises had soared 19% and 42% respectively between Feb 24, when the Ukraine invasion began, and end of April, before a global stock rout wiped out some of those gain

Sri Lanka can't find cash to pay even one ship for petrol, says minister

Prime Minister has said the nation is working to obtain dollars in the open market to also pay for three ships with crude oil.

US readying an arms-aid package to wean India away from Russian weapons

The effort is part of a much larger initiative by Joe Biden's administration to court India as a long-term security partner, despite its reluctance to criticize Russia for its invasion of Ukraine

China, US are racing to make billions from mining the moon's minerals

Just like in the era of Sputnik and Apollo more than half a century ago, world leaders are again racing to achieve dominance in outer space

World's food baskets need a better safety net as India curbs wheat exports

The world had been counting on Indian grain after the war in Ukraine, drought in Argentina and floods in Australia cut production from those countries

Sri Lanka's shattered economy awaits new finance head and rate hike

Prime Minister Ranil Wickremesinghe, appointed last week, is expected to soon choose a finance minister, who will help lead talks with the International Monetary Fund over badly needed aid

After tepid market debut, antsy LIC investors seek Aramco-style dividend

Some investors and analysts are concerned that the price could drop even more because of little growth prospects for the legacy business, risks of further disinvestment by the govt

LIC debut is 2nd worst among 11 global firms that raised over $1 bn in 2022

The poor listing is set to disappoint millions of small-time investors who bid enthusiastically for the issue because of their long and emotional association with the insurer and its products

Bitcoin edges past $30,000-mark as traders assess stablecoin fallout

The world's largest cryptocurrency rose 2% to about $30,500 as of 9:08 a.m. in London. Other coins from Ether to Avalanche also posted modest gains.