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Bloomberg

Bloomberg

Page 570 - Bloomberg

Not just energy and markets, Russia's war on Ukraine disrupts tech industry

The Russian invasion of Ukraine has already had an impact on the energy and commodities markets. And there's another major industry that will take a hit: tech.

Not just energy and markets, Russia's war on Ukraine disrupts tech industry
Updated On : 09 Mar 2022 | 9:56 AM IST

Cash dominates India playbooks as markets recoil from oil price shock

Surging oil prices have battered market sentiment toward major energy importer India, pushing down the rupee to a record low and dragging stocks and bonds

Cash dominates India playbooks as markets recoil from oil price shock
Updated On : 09 Mar 2022 | 8:25 AM IST

World faces food emergency as Ukraine war compounds hunger crisis

Russia's invasion of Ukraine means the food inflation that's been plaguing global consumers is now tipping into a full-blown crisis, potentially outstripping even the pandemic's blow

World faces food emergency as Ukraine war compounds hunger crisis
Updated On : 09 Mar 2022 | 8:23 AM IST

China mulls stakes in Russian energy, commodity companies: Report

Any deal would be to bolster China's imports as it intensifies its focus on energy and food security - not as a show of support for Russia's invasion in Ukraine - the people said

China mulls stakes in Russian energy, commodity companies: Report
Updated On : 09 Mar 2022 | 1:06 AM IST

Moderna plots vaccines for 15 pathogens with pandemic potential

The company is rowing back, announcing an agreement on Monday to open a vaccine plant in Kenya that will make as many as 500 million doses annually

Moderna plots vaccines for 15 pathogens with pandemic potential
Updated On : 09 Mar 2022 | 1:01 AM IST

EU aims sanctions on 14 wealthy Russians, dozens of lawmakers

The EU is also divided over whether to impose an embargo on Russian oil

EU aims sanctions on 14 wealthy Russians, dozens of lawmakers
Updated On : 09 Mar 2022 | 12:46 AM IST

Russia threatens to block gas to Europe through Nord Stream 1

Last month, Berlin shelved the $11-billion Nord Stream 2 pipeline project

Russia threatens to block gas to Europe through Nord Stream 1
Updated On : 09 Mar 2022 | 12:42 AM IST

Shipping Corp says war in Ukraine needs to abate for stake sale to move

Deadline for financial bids for privatising the firm was extended from January 18 as bidders sought a more detailed due diligence.

Shipping Corp says war in Ukraine needs to abate for stake sale to move
Updated On : 09 Mar 2022 | 12:05 AM IST

Modi govt's infrastructure push fuels bond sales by highway builders

The average yield on top-rated three-year corporate bonds rose to 6.02% on Monday, the highest level in a month.

Modi govt's infrastructure push fuels bond sales by highway builders
Updated On : 08 Mar 2022 | 12:30 PM IST

Working from home in coronavirus pandemic is a breeze, but for men

According to a New Zealand study, which found that while most people liked working from home during the pandemic, women still did the lion's share of the housework and childcare

Working from home in coronavirus pandemic is a breeze, but for men
Updated On : 08 Mar 2022 | 11:33 AM IST

Ukraine crisis: Oil traders bet prices will pass $200 a barrel this month

Russia is the world's third-largest oil producer behind the US and Saudi Arabia

Ukraine crisis: Oil traders bet prices will pass $200 a barrel this month
Updated On : 08 Mar 2022 | 12:39 AM IST

Nickel spikes 60%: Here's why that matters and who will be hit

The metal added more than $10,000 to trade at a 15-year high above $40,000 a ton -- the biggest-ever daily dollar gain in the 35-year history of the contract

Nickel spikes 60%: Here's why that matters and who will be hit
Updated On : 07 Mar 2022 | 11:25 PM IST

TCS plans overhaul with aim to double revenue to $50 bn before 2030

The Mumbai-based company will create four internal teams in order to double its revenues, according to people familiar

TCS plans overhaul with aim to double revenue to $50 bn before 2030
Updated On : 07 Mar 2022 | 11:06 PM IST

Fairfax Financial Holdings weighs selling stake in IIFL Wealth Management

IIFL Wealth shares fell 1.2% on Monday, giving the company a market value of around $1.7 billion.

Fairfax Financial Holdings weighs selling stake in IIFL Wealth Management
Updated On : 07 Mar 2022 | 11:05 PM IST

Rising prices threaten PM Modi's hold on India's most crucial state

The Uttar Pradesh vote will signal whether Modi's grip on power is slipping ahead of the next national election in 2024

Rising prices threaten PM Modi's hold on India's most crucial state
Updated On : 07 Mar 2022 | 5:15 PM IST

Rupee sinks to record low with stocks as Ukraine crisis boosts oil

The Indian rupee tumbled to a record low along with stocks and bonds as a spike in oil prices spurred by the war in Ukraine threatened to inflate the nation's oil-import bill

Rupee sinks to record low with stocks as Ukraine crisis boosts oil
Updated On : 07 Mar 2022 | 11:47 AM IST

Oil shock from Ukraine war risks becoming 'nightmare' for India's RBI

The Ukraine war's impact on global supply chains could force India's central bank to raise its inflation forecast, but may leave little scope for it to tighten monetary policy, according to economists

Oil shock from Ukraine war risks becoming 'nightmare' for India's RBI
Updated On : 07 Mar 2022 | 11:32 AM IST

Sequoia Capital, Saudi's STV lead $54 mn funding for gulf fintech Tabby

Capital India and Saudi venture capital firm STV led a $54 million funding round for Tabby, the Middle East's largest buy-now, pay-later provider, as demand fintech solutions booms.

Sequoia Capital, Saudi's STV lead $54 mn funding for gulf fintech Tabby
Updated On : 07 Mar 2022 | 10:56 AM IST

Russian President Putin allows firms to pay foreign creditors in ruble

According to Saturday's decree on servicing foreign-held debt, payments will be considered executed if they are carried out in rubles at the central bank's official rate

Russian President Putin allows firms to pay foreign creditors in ruble
Updated On : 07 Mar 2022 | 1:48 AM IST

War in Ukraine, sanctions will have 'severe impact' on global economy: IMF

JPMorgan Chase & Co. economists have cut their outlook for global growth this year by about a percentage point, and raised their inflation estimate.

War in Ukraine, sanctions will have 'severe impact' on global economy: IMF
Updated On : 06 Mar 2022 | 8:10 AM IST