Page 578 - Bloomberg

Zilingo board discusses replacing CEO Ankiti Bose after suspension

The board has not yet decided who will replace Bose, though one option discussed is to appoint interim leadership, possibly including senior executives and investors, people familiar with matter said

Blackstone adds to bet on US student housing with $13-bn deal

The all-cash transaction is the largest student-housing deal by the Blackstone Real Estate Income Trust.

Amazon, Reliance, Sony vying for IPL broadcast rights: Report

The auction will allow the winner or winners to globally telecast matches of India's top cricket league between 2023 and 2027 via live streaming and TV broadcast

L&T Infotech and Mindtree to merge to create $22-bn firm: Report

The boards of Mindtree Ltd. and Larsen & Toubro Infotech Ltd., two software units, could consider share swap ratios.

Crisis-hit Sri Lanka seeks emergency financial assistance from IMF

Sri Lanka is seeking up to $4 billion this year to tide over problems and pay creditors amid dwindling foreign reserves and Asia's fastest inflation

European Union expects to pay bulk of Ukraine's reconstruction costs

The topics of post-war reconstruction and possible war reparations are expected to garner attention over the next weeks

Rupee slips for third session in a row; oil near $113 a barrel

The rupee also weakened as hawkish Fed officials and dovish ECB continued to push the bond yields higher.

China's GDP growth tops forecasts in first quarter; analysts sceptical

The better-than-expected economic data prompted questions from analysts who pointed to inconsistencies with alternative statistics that paint a grimmer picture

Facing public ire, Sri Lanka's President to 'review executive powers'

Expands Cabinet ahead of IMF talks; Mahinda stays on

Twitter stock gains as board plots defense strategy against Musk

The stock rose 3.8% to $46.78 at 1:00 p.m. in New York.

Cash-strapped Pakistan cuts power to households on fuel shortage

Pakistan's energy costs more than doubled to $15 billion in nine months ended February from a year earlier, and it isn't able to spend more on additional shipments

Gold rises to five-week high with growing risks boosting havens

The precious metal climbed as much as 0.8 per cent after capping a second weekly gain.

Alex Jones' Infowars files for bankruptcy amid Sandy Hook lawsuits

Each estimated liabilities of as much as $10 million, according to court filings. Chapter 11 filings allow a business to keep operating while working on a turnaround plan

Communist Party urges support for Xi as anger grows on Covid lockdowns

China is struggling to contain a worsening outbreak that risks weakening growth in the world's second-largest economy and disrupting global supply chains

TCS CEO vows to navigate IT giant through global tumult, attrition

TCS, the largest player in India's $227 billion tech services industry, must deal with a host of challenges, from Covid outbreaks in China that are disrupting supply chains to the war in Ukraine

Twitter board's interest not aligned with shareholders, says Elon Musk

Musk was responding to a tweet about board members' stock holdings, saying that with the departure of Jack Dorsey, the board "collectively owns almost no shares."

Covid-19: Shanghai unveils business restart plan on supply-chain woes

The lockdown in China's financial hub, now in its third week, has squeezed everything from consumer spending to logistics and production

Tata Steel board to consider split of equity shares on May 3

On May 3, Tata Steel board will also consider the company's quarterly and annual earnings at the meeting along with a dividend payout

Recession risks duel resilience hopes in global economy outlook

BofA reported fund managers were the most bearish they'd ever been about the outlook for growth and JPMorgan Chase & Co. boosted its reserves to insulate itself against an economic deterioration

DiDi Global plans shareholder meeting in May to vote on US delisting

The Chinese government was angered by DiDi's US listing in mid-2021, and days later launched a cybersecurity probe into the firm and forced its services off domestic app stores