Page 590 - Bloomberg

Amazon, Microsoft, Cisco swoop in on $24 billion India farm-data trove

Govt signs preliminary agreements with the three US titans and a slew of local businesses, seeking to reform agriculture industry.

Indian defense supplier Data Patterns nears $100-mn IPO filing: Report

Data Patterns is seeking a valuation of around 25 billion rupees ($340 million) in the IPO, and is looking to sell an equal number of primary and secondary shares, the people said

Europe's energy woes hit fertilizers in another threat to food

Higher costs of the key farming input risk further exacerbating global food inflation at a time when hunger is on the rise.

Asian Americans in finance say racism leads to 'bamboo ceiling' in career

Asians often fall victim to the "model minority myth," the view that they are diligent workers who have overcome discrimination to gain a solid foothold in the workplace, according to the AAAIM

Europe's energy crunch sparks panic in Asia and scramble to buy fuel

Worried the eye-watering price of natural gas in Europe will spill over, LNG traders in Asia say they're paying record prices for this time of year

IMF chief accused of influencing ease of business report in China's favour

Kristalina Georgieva denies she had applied pressure on staff of World Bank, when she worked there, to boost China's ranking in the report.

Chinese county to give cash handouts to couples to have babies

A county in western China will give cash subsidies to couples to have children, the latest push to encourage more births in a country where the population is set to decline in coming years

IMF chief lobbied to improve China's biz ranking, says World Bank

To discontinue 'Doing Business' reports after ethics review

How billionaire Steve Cohen learned to love cryptocurrencies

Cohen, 65, who has a net worth of $11.1 billion, according to the Bloomberg Billionaires Index, has since thrown himself into the world of crypto in a personal capacity and at his firm

Byju's buys coding site Tynker for $200 mn to grow in US: Report

Tynker's service, launched in 2013, offers classes and camps on coding, with some curriculum offered for free and premium content sold to schools for an average of $5,000 a year

Ford Motor's India exit opens dealers to legal action from customers

Dealers will likely face "legal complications" given that Indian consumer law makes them liable after a manufacturer exits, Vinkesh Gulati, president of the FADA said

India's record run in stock market raising risks for economy: Research

Market rally has added roughly 1 percentage point to GDP growth each quarter since October-December

Blue-collar worker app Apna becomes a unicorn in under two years

Apna helps bottom-of-the-pyramid job seekers with setting up simple profiles requiring only their name, age and skills.

Australia irks France with sudden US-UK nuclear submarine deal

France said the new partnership scuppers Australia's 2016 deal with a French shipbuilder Naval Group to build up to 12 submarines

Australia to welcome hundreds of overseas workers, seeks to aid recovery

The exemption will streamline entry requirements to allow the rapid relocation of workers critical to establishing a business in Australia

This obscure Taiwanese firm's 1,219% rise shows profit, pain of chip crisis

Nan Ya Printed Circuit Board Corp. makes an essential component for chipmaking that has become the latest bottleneck for automakers and electronics companies suffering from semiconductor shortages

India's lagging automobile stocks face risk of festival season fizzle

Below-normal monsoon rains that have impacted rural demand and the risk of an impending third coronavirus wave are posing a challenge for Indian vehicle makers

Fund managers sour on stocks have nowhere else to go, says BofA

The outlook for global growth and profits in September slumped to the lowest in more than a year, according to the survey conducted September 3 to September 9

Treasury Secretary Janet Yellen agenda bogs down with key posts unfilled

The staffing shortfall has left Yellen's team frustrated with over-stretched portfolios, hurting morale as work to develop and enact policies becomes more difficult

Microsoft plans $60-billion buyback; Brad Smith appointed vice chair

The company's recent resurgence has given it a market value north of $2.2 trillion, making it the second-most valuable publicly traded company after a 35% rise in its shares over 2021