Page 581 - Bloomberg

India plans $2 bn more of exports to sanctions-hit Russia: Report

Indian government reportedly in talks with Moscow to liberalize market access for several Indian-made products.

Ankiti Bose, CEO of Singapore's Zilingo, suspended amid probe into finances

Bose has disputed allegations of wrongdoing and contends her suspension was due in part to her complaints about harassment, according to two people close to the situation

Two new Omicron sublineages discovered by South African scientists

The lineages have been named BA.4 and BA.5

Russia-Ukraine war impact: US inflation rises to new 40-year high

Gasoline costs drove half of the monthly increase, which were up on account of the Russia-Ukraine war, while food was also a sizable contributor to the jump

Sri Lanka says will default on all external debt to pay for food

All outstanding payments to bond holders, bilateral creditors and institutional lenders will be suspended until a debt restructure, Lanka's finance ministry said

Keeping Mark Zuckerberg safe cost Meta nearly $27 million last year

Meta Platforms spent more than $15.2 million in 2021 for expenses related to protecting its chief executive officer at his homes and during personal travel, according to a recent regulatory filing

Out of the shadows: Sanctions put rare spotlight on Putin's daughters

Tikhonova's ex-husband Kirill Shamalov made a fortune from investing in petrochemical giant Sibur Holding, with the help of a loan from Akimov's state-controlled bank

Germany weighs snubbing India as G-7 guest over Russia stance

India was among the more than 50 countries that abstained from a United Nations vote to suspend Russia from the UN Human Rights Council, and has not imposed sanctions on Moscow

Sri Lanka default looms as debt payments halted to save dollars

Sri Lanka's dollar bonds due July 2022 fell 1.8 cents on the dollar on Tuesday to a record low 46.07 cents. The rupee lost 0.5%.

Airports clogged with queues as travel rebound strains resources

Passengers checking in at Sydney Airport this week have waited for hours in queues snaking outside terminals.

India hopes Hyderabad 'pharma city' will break China's grip on industry

India's ability to secure not just its own drug supply but that of Africa, the Americas and Europe is at stake

India's 'Unicorn couple' eyes first start-up IPO within a year

OfBusiness, a supplier of raw materials from steel to chemicals to small businesses, could go for an initial public offering (IPO) in six months to a year

Ford's shuttered India factories may be reborn in EV push

While it's difficult for US carmaking giants to make any meaningful inroads in India, EVs could offer another opportunity to take a shot in the market of 1.4 bn people

Oil falls 4% to below $100 per barrel on worsening China demand outlook

Brent crude for June delivery was down $3.93, or 3.8 per cent, at $98.85 a barrel by 1130 GMT

RBI's surprise hawkish pivot spurs economists to move up rate calls

The RBI surprised markets Friday by saying it now prioritizes tackling inflation over supporting economic growth

India needs the US in order to realise its tech ambitions

India has every chance of becoming a successful and prosperous player in the global technology industry

Russia's Ukraine invasion supercharges push to make a new green fuel

A nearly 450% jump in European gas prices the past year made the green fuel of the future cost-competitive about a decade ahead of schedule

Amazon's drone delivery program is hit by crashes and safety concerns

The company is a long way from launching a drone delivery service

How India's much-anticipated global bond index inclusion unraveled

Inclusion was perceived as a crucial step change for the $1 trillion market.

Bitcoin declines below key technical mark as rate concerns mount

US inflation likely accelerated to 8.4% in March, the fastest pace since early 1982, economists surveyed ahead of data due Tuesday predict.