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Bloomberg

Bloomberg

Page 581 - Bloomberg

India and China's coal mining revival holds an energy crisis lesson

Coal India Ltd., the world's top miner of the commodity, has temporarily stopped deliveries to all consumers in the country other than power stations, even as it boosts deliveries from mines

India and China's coal mining revival holds an energy crisis lesson
Updated On : 15 Oct 2021 | 11:04 AM IST

Power crunch, chip shortage, green goal: China's challenges are growing

State planners have to balance their industrial ambitions with focus on lowering energy consumption and carbon emissions.

Power crunch, chip shortage, green goal: China's challenges are growing
Updated On : 15 Oct 2021 | 10:01 AM IST

Metals head for record; zinc prices spike to 14-year high, shows data

Strains in China are particularly evident, where factory-gate prices rose at the fastest pace in almost 26 years in September

Metals head for record; zinc prices spike to 14-year high, shows data
Updated On : 15 Oct 2021 | 2:33 AM IST

Oil rallies with IEA seeing gas shortages deepening deficit

Crude's rally in recent months has been underscored by wider gains in energy prices

Oil rallies with IEA seeing gas shortages deepening deficit
Updated On : 15 Oct 2021 | 2:05 AM IST

Rupee likely to get breather from foreign inflows, say experts

The rupee has come under pressure as surging commodity prices rekindled worries about inflation and the financial health of the net oil-importing nation

Rupee likely to get breather from foreign inflows, say experts
Updated On : 15 Oct 2021 | 2:04 AM IST

Snoop Dogg-backed tech firm powering pot industry valued at $3.75 billion

Dutchie, based in Oregon, United States is growing as new states legalize recreational cannabis or expand their existing offerings

Snoop Dogg-backed tech firm powering pot industry valued at $3.75 billion
Updated On : 14 Oct 2021 | 8:15 PM IST

Ikea expects shortages due to supply-chain crisis until mid-2022

Shortages of transport containers and blocked-up ports have snarled logistics for retailers around the world

Ikea expects shortages due to supply-chain crisis until mid-2022
Updated On : 14 Oct 2021 | 4:57 PM IST

The shorter work week really worked in Iceland. Here's how

Participants in an Iceland study reduced their hours by three to five hours per week without losing pay

The shorter work week really worked in Iceland. Here's how
Updated On : 14 Oct 2021 | 3:38 PM IST

Pinterest co-founder steps down to join Jony Ive's design firm

The departure comes at a complicated time for Pinterest, which is dealing with a number of accusations from former employees that the company discriminated against female workers

Pinterest co-founder steps down to join Jony Ive's design firm
Updated On : 14 Oct 2021 | 2:37 PM IST

Erdogan rids Turkey's central bank of opponents to rate cuts

The lira fell as much as 1.1% to a new record

Erdogan rids Turkey's central bank of opponents to rate cuts
Updated On : 14 Oct 2021 | 2:04 PM IST

India logs over Rs 10,000 cr of monthly mutual fund inflows in market boom

Inflows into mutual funds from regular contributions through systematic investment plans, or SIPs, hit an all-time high of 103.5 billion rupees ($1.4 billion) in September

India logs over Rs 10,000 cr of monthly mutual fund inflows in market boom
Updated On : 14 Oct 2021 | 10:54 AM IST

China's power crisis will go global if renewables don't replace coal

With about two-thirds of the grid powered by coal, the cost of digging up the black stuff has determined how much industrial users pay for their power.

China's power crisis will go global if renewables don't replace coal
Updated On : 14 Oct 2021 | 10:22 AM IST

'Crypto bole toh': Bitcoin takes on gold for Diwali, helped by film stars

The RBI remains critical of cryptocurrencies, advocating that the government ban them.

'Crypto bole toh': Bitcoin takes on gold for Diwali, helped by film stars
Updated On : 14 Oct 2021 | 10:18 AM IST

What happened to Clubhouse? CEO says once-buzzing firm grew 'way too fast'

Clubhouse's rapid growth early on 'really stressed systems', prompting the company of eight people to scramble to hire quickly.

What happened to Clubhouse? CEO says once-buzzing firm grew 'way too fast'
Updated On : 14 Oct 2021 | 10:15 AM IST

United States replaces China as world's biggest Bitcoin miner

At the end of August, America accounted for 35.4% of the global hash rate, a measure of computing power used to extract the digital currency

United States replaces China as world's biggest Bitcoin miner
Updated On : 13 Oct 2021 | 11:35 PM IST

EU proposes tax breaks, caps to shield users from energy rally

The rally in natural gas to power and emission permits is hurting everyone from German chemicals producers to Spanish households just as the economy is recovering from the pandemic

EU proposes tax breaks, caps to shield users from energy rally
Updated On : 13 Oct 2021 | 11:26 PM IST

Coal prices rise to record in China as floods keep supplies tight

Futures gain 9% to intra-day record of $254.3/ton

Coal prices rise to record in China as floods keep supplies tight
Updated On : 13 Oct 2021 | 11:15 PM IST

South Korean drama 'Squid Game' is Netflix's biggest-ever launch hit

Squid Game has proved that Netflix's biggest advantage is foreign language TV

South Korean drama 'Squid Game' is Netflix's biggest-ever launch hit
Updated On : 13 Oct 2021 | 11:02 PM IST

Global energy crisis spurs scramble for prized diesel-rich crude

Diesel and fuel oil are expected to be the main oil-product beneficiaries of the crunch that's roiling Asia and Europe

Global energy crisis spurs scramble for prized diesel-rich crude
Updated On : 13 Oct 2021 | 10:16 PM IST

Delta Air warns of rising jet-fuel cost, clouding profit rebound

Delta remains the lone holdout among the largest U.S. airlines when it comes to requiring employee vaccination against Covid-19

Delta Air warns of rising jet-fuel cost, clouding profit rebound
Updated On : 13 Oct 2021 | 6:51 PM IST