Page 583 - Bloomberg

Indian companies to raise Rs 75,000 cr via IPOs in next 6 months, says KPMG

A lot of money printed during the Trump administration is invariably finding its way to the stock markets globally and India is one of the beneficiaries, says a KPMG executive

Singapore Airlines' website crash amid surge in flight demand: Report

Singapore Airlines said it had seen "very high demand" for flights and may take longer to respond to queries from customers

US delegation holds talks with Taliban for first time since Aug withdrawal

The discussions in Doha, Qatar, covered the need for safe passage of US citizens, other foreign nationals and Afghan partners, State Department spokesman Ned Price said

Goldman Sachs Group cuts US growth forecasts for 2021 and 2022

Goldman's team, led by Jan Hatzius, said in a report on Sunday that they now expect growth of 5.6% on an annual basis in 2021 versus their previous estimate of 5.7%, and 4% next year, down from 4.4%

China coal futures surge to record as flood swamps mine hub

Floods have closed 60 of the 682 coal mines in Shanxi province, a region that has produced 30% of China's supply of the fuel this year, adding to a worsening energy crisis that threatens the country

Energy crisis sets stage for record global carbon dioxide emissions

The trajectory poses a new threat to the Paris Agreement goal of limiting global temperature increases to 1.5°Celsius

A step from Covid-19 pills as Merck & Co seeks FDA approval

An application was submitted with the Food and Drug Administration for molnupiravir to treat mild-to-moderate Covid-19 in adults at risk of developing a severe illness that may require hospitalization

KKR's billionaire founders hand over reins to Joe Bae, Scott Nuttall

Kravis, 77, and Roberts, 78, will serve as executive co-chairmen of the board

India's stock market on track to overtake UK in terms of m-cap: Report

India's market capitalization has surged 37% this year to $3.46 trillion, according to an index compiled by Bloomberg

Global energy crisis piles pressure on aluminium supply

Aluminium rose as much as 2.5% to $3,040 a ton on the London Metal Exchange Monday, the highest since July 2008.

Goldman and JPMorgan say buy the dip as inflation seen temporary

Jitters over surging prices and concerns that the post-pandemic rebound is now past its peak dragged the S&P 500 Index 5% below its September record last week, after almost a year without a correction

Global energy crisis halt copper bulls as world's factories slow down

Copper's blistering rally above $10,700 a ton came in May as lockdown restrictions sparked insatiable demand for metals in housing and consumer goods

AstraZeneca antibody drug effective at treating mild Covid-19 in trial

The cocktail halved the risk of developing severe illness or death compared with a placebo in participants who had been symptomatic for a week or less and weren't hospitalized, Astra said.

Oil surges past $80 with global power crisis set to boost demand

West Texas Intermediate futures climbed around 2% after topping the psychological price threshold on Friday for the first time since November 2014

Contentious climate debate: Should rich nations pay for damage done?

Annual climate negotiations tend to focus on what countries can do to slow global warming by cutting emissions, a task that benefits rich and poor countries alike

Goodbye to the Maharaja: Air India sale signals less govt in commerce

The airline's privatisation is two decades late but Indian taxpayers ought to be relieved to have cut their losses.

IMF stares at uncertainty amid loss of influence, Georgieva's survival

Created in 1944 to help manage the post-World War II global economy, the IMF no longer knows what it stands for

India aims for quick-fire trade pacts, shifting strategy as economy revives

Prime Minister's Office reportedly pushing foreign and commerce ministeries to deliver on initial deals with countries including Australia and the UK

Stock investors fret supply chain woes could knock earnings

Few expect the supply snarls to end this year as an energy crisis stokes inflation fears. Caution abounds in the semiconductor, retail and raw material space.

China's coal hub broadens output freeze amid heavy rain, floods

372 non-coal, 60 coal mines, 14 factories suspend output