Page 584 - Bloomberg

Federal Reserve to RBI: Central bankers spooked by lingering inflation

Central bankers in a bind: targeting inflation with tighter monetary policy adds to the pressure on economies, but trying to boost demand may ignite prices further.

Wall Street: Hedge funds raise bearish bets at fastest pace in two years

Bears, driven almost into extinction amid the relentless equity rally and January's retail-fomented short squeeze, are staging a comeback

Bitcoin's 'incredible rally' spurs biggest weekly gain in months

The world's largest digital asset, overcoming a slew of potentially negative factors that had dogged it earlier this year, is up about 10% over the past five sessions.

Mukesh Ambani joins Bezos, Musk in world's exclusive $100 bn club

The chairman of Reliance Industries Ltd. entered the rarefied group of 11 men as his conglomerate's stock climbed to a record on Friday

Dumping stocks to punish bad corporate behavior has tiny impact

Even as billions of dollars diverts toward firms scoring higher on environmental, social and governance measures, the funding costs for bad actors has hardly budged, a study has found

Nasdaq Is getting trounced by an Indian tech gauge this year

The S&P BSE Information Technology Index has gained more than 48% this year, trouncing the Nasdaq 100's performance by about 31 percentage points and heading for the biggest annual beat since 2009

Global corporate-tax overhaul advances as 136 countries sign on

In addition, countries agreed not to impose new digital services taxes as of Friday

China's energy crisis is hitting everything from iPhones to milk

The extreme electricity shortage caused by soaring prices of coal in world's largest exporter is set to hurt China's own growth, and knock-on impact to supply chains could crimp a global economy

RBI governor says no need for further bond-buying, signals policy taper

RBI bought 2.2 trillion rupees of bonds through Government Securities Acquisition Programme, or GSAP, in previous two quarters.

Energy exchange jumps 180% this year as India battles coal crisis

Indian Energy Exchange's platform is used by companies to power their short-term needs.

Heart damage plagues Covid-19 survivors a year after infection, study shows

They found non-hospitalised Covid patients had a 39% increased risk of developing heart failure and a 2.2-fold increased risk of a potentially deadly blood clot in the following year

For Indian junk bonds, it's love in the time of China's Evergrande crisis

For investors wary of China, looking at India makes sense but the extra dollars arrive with a cost.

Paytm in talks with sovereign wealth funds, BlackRock for IPO stakes

State-backed wealth investors Abu Dhabi Investment Authority and Singapore's GIC Pte are among those weighing bidding to participate in the IPO, sources said

Global debt to hit 260% of GDP, but low interest rates to help: S&P

The pile-on of debt was necessary given policy responses during the pandemic, Vera Chaplin, the credit ratings agency's managing director and lead analytical manager, said

India's aluminium makers face 'precarious situation' on coal crunch

Tightening supplies of coal have triggered a power crisis in India as about 70% of the nation's electricity is fired by the fuel.

Indian chemicals firm UPL asked to pay for forum on South Africa pollution

UPL has been accused by the country's environment department of illegally storing hazardous chemicals.

TikTok rival loses steam: World's roughest IPO this year is Chinese firm

Investors who bought Kuaishou Technology after the TikTok rival went public in Hong Kong have notched the widest peak-to-trough slump among global initial public offerings this year

Covid protection wanes months after second shot, booster needed: Studies

Protective antibodies decreased continuously during the six months after the administration of the second dose of the vaccine, according to a study of about 5,000 Israeli health workers

Joe Biden's team debates IMF chief's fate as board probes ethics scandal

Some staff at the fund, which employs about 2,700 people, have lost confidence in Georgieva, says a Bloomberg report.

Zuckerberg's notes from 15 years ago haunt Facebook in lawsuit over privacy

It's been a bad week for Facebook, which faced an unprecedented global outage of the company's sites and a damaging interview by a former insider turned whistle-blower