Bloomberg
Bloomberg
Page 586 - Bloomberg
Air India may buy large jets worth $10 bn, says enginemaker
'I think they (Tata Group) are looking at something up to 30 aircraft, could be as big as that, which is a big order,' says an executive of Rolls-Royce Holdings Plc
 "Air India may buy large jets worth $10 bn, says enginemaker")
US dollar's dominance is being stealthily eroded, says IMF report
Reserve managers have moved out of dollars in two directions, with one quarter headed into the renminbi and three quarters into currencies of smaller countries
 "US dollar's dominance is being stealthily eroded, says IMF report")
Imran's fall from grace is his own fault and tragic for Pakistani democracy
Even if he survives, he will find his political capital severely dented - and be even more in debt to the military
 "Imran's fall from grace is his own fault and tragic for Pakistani democracy")
Russian tycoons now $8.3-billion richer as stock trading resumes
Scores of Russian billionaires got sanctioned by the EU and the UK after the Kremlin started its war against Ukraine
 "Russian tycoons now $8.3-billion richer as stock trading resumes")
Here's everything we know about the China plane crash so far
Shocking footage captured by a mining company's surveillance camera appeared to show the flight's final chilling seconds
 "Here's everything we know about the China plane crash so far")
Ukraine President's virtual world tour proves a new weapon in Russia war
Badly out-gunned by Russia on land, in the air and at sea, the information war is the one arena in which Ukraine is clearly winning
 "Ukraine President's virtual world tour proves a new weapon in Russia war")
China's Xi Jinping leaves Zelensky out of Ukraine diplomatic push
Zelenskiy aide Andriy Yermak on Tuesday called for an exchange with Xi sometime "very soon"
 "China's Xi Jinping leaves Zelensky out of Ukraine diplomatic push")
First wildlife bond issued by World Bank to save Africa's black rhino
The World Bank said it has priced the world's first wildlife bond, raising $150 million that will be partly used for the conservation of black rhinos in South Africa
 "First wildlife bond issued by World Bank to save Africa's black rhino")
Rajesh Jain, pioneer of India's dotcom era, preps IPO for second startup
Rajesh Jain, 54, a pioneer of India's internet industry, is readying his second startup Netcore Cloud Pvt. for an initial public offer within the next year
 "Rajesh Jain, pioneer of India's dotcom era, preps IPO for second startup")
Tencent Holdings's revenue grows at slowest pace in 2 decades
Tencent Holdings's revenue grew at the slowest pace since its 2004 listing, showing the financial toll of China's crackdown on its most lucrative businesses from gaming to advertising.
 "Tencent Holdings's revenue grows at slowest pace in 2 decades")
Billions at stake: Wall Street scrambling for the exit
The past few weeks have been a frantic dash to understand and implement sanctions that are being continually updated by jurisdictions including the US, UK and the European Union
 "Billions at stake: Wall Street scrambling for the exit")
Aluminium plants receive fewest coal rail rakes in six months
The industry got an average of 18.4 coal-laden carriages a day in the first half of March, the lowest since the 17.8 rakes it received in September
 "Aluminium plants receive fewest coal rail rakes in six months")
Sanjiv Goenka group scouts for retail, IT acquisition targets
The group, with $4 billion in annual revenues, is also scouting for targets in power utilities as well as IT-enabled services, where it has already bought three companies in the past 12 months
 "Sanjiv Goenka group scouts for retail, IT acquisition targets")
Govt mulls exempting some projects from solar import taxes
'We have requested Ministry of Finance to consider grandfathering of basic customs duty for projects bid out before March 9, 2021,' the renewable energy ministry said
 "Govt mulls exempting some projects from solar import taxes")
Chinese jet nearly hit speed of sound in final moments before crash
Such an impact may complicate the task for investigators because it can obliterate evidence and damage a plane's data and voice recorders that are designed to withstand most crashes
Indian husband and wife entrepreneurs mint own unicorns within a year
Ruchi Kalra co-founded digital lending startup Oxyzo Financial Services; her husband Asish Mohapatra set up OfBusiness to provide financing using technology.
 "Indian husband and wife entrepreneurs mint own unicorns within a year")
India's economic recovery holds steady as Ukraine war clouds outlook
India's services and manufacturing activity held steady in February, even as the war in Ukraine clouds the outlook for prices and growth in the consumption-driven economy
 "India's economic recovery holds steady as Ukraine war clouds outlook")
Grab some popcorn: Mukesh Ambani vs Gautam Adani rivalry is getting intense
Their balance sheets and visions are different but a confrontation between the billionaires looks almost guaranteed.
 "Grab some popcorn: Mukesh Ambani vs Gautam Adani rivalry is getting intense")
Earthquake aftermath: Japan fighting to avoid mass power cuts
Govt officials warned power supply is expected to fall short of demand Tuesday evening, and officials at Tokyo Electric Power Co. said there could be partial outages if the supply squeeze continues
 "Earthquake aftermath: Japan fighting to avoid mass power cuts")
Chinese air travel faces mass cancellations after plane crash: Report
The cancellations come after a Boeing 737-800 NG operated by China Eastern Airlines nosedived out of the sky and crashed in Guangxi province on Monday afternoon