Page 590 - Bloomberg

BlackRock receives $114 bn in net flows amid market turmoil

Equity funds led the way, with a $76 billion haul, while bond funds saw $7.5 billion

Shanghai logs 25,000 Covid-19 cases; vows action on lockdown violators

The financial hub is under huge pressure to try to contain China's biggest Covid outbreak since the coronavirus was first discovered in the city of Wuhan in late 2019

With problems of his own, Xi hesitates on bailing out SL, Pak as debt soars

China hasn't reissued loans totalling $4 billion that Pakistan repaid in late March, and hasn't responded to Sri Lanka's pleas for $2.5 billion in credit support

Rare first edition of The Great Gatsby lists at $360,000

Harrington will soon bring a first edition of the 1925 book, widely considered F Scott Fitzgerald's masterpiece, to New York's International Antiquarian Book Fair, which runs from April 21-24 at the P

On Broadway, Disney takes cue from airlines to sell more tickets

In reality, Disney and airlines rely on a shared economic premise: Getting as many butts in seats as possible

Roman Abramovich has assets worth $7 bn frozen in tax haven Jersey

Abramovich was sanctioned by the European Union and the UK last month as part of sweeping penalties against tycoons believed to be close to Russian President Vladimir Putin

Soaring food, energy prices reach Asia to bring global inflation in sync

The turning point was Russia's invasion of Ukraine, which triggered an upheaval in commodities markets.

Top oil merchant Vitol to stop trading Russian crude by end of this year

Vitol's announcement came after an adviser to Ukrainian President Volodymyr Zelenskiy wrote to the heads of Vitol and other merchant traders, asking them to terminate business dealings with Russia

India plans $2 bn more of exports to sanctions-hit Russia: Report

Indian government reportedly in talks with Moscow to liberalize market access for several Indian-made products.

We expect constructive environment for IPOs in 2nd half of FY23: Nomura

India's capital market fundraising will remain robust in the next six to 12 months as companies such as LIC are still looking to list, Nomura's Amit Thawani said

Ankiti Bose, CEO of Singapore's Zilingo, suspended amid probe into finances

Bose has disputed allegations of wrongdoing and contends her suspension was due in part to her complaints about harassment, according to two people close to the situation

OfBusiness is seeking $2 billion in India's biggest tech IPO since Paytm

The company is in discussions with potential IPO arrangers, including Goldman Sachs Group and Morgan Stanley and India's Kotak, Avendus and ICICI Securities

Two new Omicron sublineages discovered by South African scientists

The lineages have been named BA.4 and BA.5

Russia-Ukraine war impact: US inflation rises to new 40-year high

Gasoline costs drove half of the monthly increase, which were up on account of the Russia-Ukraine war, while food was also a sizable contributor to the jump

Sri Lanka says will default on all external debt to pay for food

All outstanding payments to bond holders, bilateral creditors and institutional lenders will be suspended until a debt restructure, Lanka's finance ministry said

Keeping Mark Zuckerberg safe cost Meta nearly $27 million last year

Meta Platforms spent more than $15.2 million in 2021 for expenses related to protecting its chief executive officer at his homes and during personal travel, according to a recent regulatory filing

Out of the shadows: Sanctions put rare spotlight on Putin's daughters

Tikhonova's ex-husband Kirill Shamalov made a fortune from investing in petrochemical giant Sibur Holding, with the help of a loan from Akimov's state-controlled bank

Germany weighs snubbing India as G-7 guest over Russia stance

India was among the more than 50 countries that abstained from a United Nations vote to suspend Russia from the UN Human Rights Council, and has not imposed sanctions on Moscow

Sri Lanka default looms as debt payments halted to save dollars

Sri Lanka's dollar bonds due July 2022 fell 1.8 cents on the dollar on Tuesday to a record low 46.07 cents. The rupee lost 0.5%.

Airports clogged with queues as travel rebound strains resources

Passengers checking in at Sydney Airport this week have waited for hours in queues snaking outside terminals.