Page 570 - Bloomberg

Saudi Aramco becomes world's most valuable stock as Apple shares drop

Aramco traded near its highest level on record on Wednesday, with a market capitalisation of about $2.43 trillion

Where is Sri Lanka headed next after Gotabaya Rajapaksa refuses to resign

Gotabaya Rajapaksa is refusing to step down, and the opposition has declined his offers of a unity government without constitutional change that would reduce the powers of the presidency.

Indian companies should hit sustainability targets abroad, not just at home

Activist investors on the lookout for "greenwashing" have to be careful of the unintended consequences of their choices

Birla's Hindalco Industries plans $2.5 billion US aluminium recycling mill

The new facility will increase Novelis's, unit of Hindalco, recycling capacity to 90 billion cans globally, from 74 billion currently

Amazon, Disney, and now Google also interested in IPL broadcast rights

Google's interest in the global media rights of India's top cricket league intensifies the fight for a sports event that has emerged as the world's third-largest

Environment approvals for coal mine expansions eased to tackle fuel crisis

Coal supplies at power plants are shrinking amid a grueling heat wave that's pushed electricity demand to a record in recent weeks

Google announces new features for search, maps to lure TikTok generation

Google is working to keep its products relevant and growing as users' needs evolve beyond text.

China risks 1.6 mn deaths if 'Covid Zero' is abandoned: Shanghai univ study

The research comes as WHO chief Tedros Adhanom Ghebreyesus called on China to rethink its strategy.

End of an era: Apple discontinues iPod after a more than two decade run

Introduced by Steve Jobs, the iPod was credited with helping to turn Apple from a nearly bankrupt company to an eventual $3 trillion behemoth

Banning abortion would hurt US economy: Treasury Secretary Janet Yellen

Eliminating the right to access abortion services "would have very damaging effects on the economy and would set women back decades," Yellen told lawmakers during a Senate Banking Committee hearing

African airlines join forces to stave off potential jet-fuel price crisis

A committee has been formed -- including major carriers such as South African Airways and Kenya Airways -- to secure deliveries for 12 months starting in July

Ukraine's economy to shrink by 30% in 2022 due to war, says EBRD

Russia's invasion has upended trade in energy, agricultural commodities and fertilisers and disrupted supply chains, resulting in slower growth across eastern Europe

After trillions in losses, Asia's stock rout looks far from over

MSCI Asia Pacific Index has dropped 19% from Jan peak

Pfizer to pay $11.6 bn for Biohaven Pharmaceutical to tap migraine market

Pfizer will pay $148.50 a share for all of New Haven, Connecticut-based Biohaven's outstanding stock, according to a statement Tuesday

Andy Warhol's 'Marilyn' sells for $195 mn, most ever for an US artist

The prior record for an American artwork was $110.5 million for an untitled Basquiat in 2017.

Markets regulator Sebi probes Schroders' $32 bn India partner Axis AMC

Indian equity mutual funds have lured billions of dollars in inflows over the last couple of years amid a retail-investing boom

China's export growth weakens to 2020 low as Covid-19 lockdowns bite

Export growth in April in dollar terms slowed to 3.9% from a year earlier, compared to an increase in March of 14.7%, customs data showed Monday

Epic fail! Day trader army loses all the money it made in meme-stock era

Capitulation from the crowd may help signal a market bottom

Obesity is stalking poor countries, where hunger once reigned

In middle-income countries, the number of people undernourished fell by roughly a quarter, or 162 million, between 2006 and 2020

Banks forgo bumper fees for managing LIC IPO to get league table rankings

What bankers stand to gain is outsized credit in rankings that compare rivals by the volume of deals they handle.