Page 591 - Bloomberg

Sri Lanka's storm in a teacup may compel India to bring out its checkbook

Having just seen its $3 billion investment in Afghanistan go up in smoke, India's appetite for economic diplomacy may even be lower than usual.

Tata Sons reportedly considering creating CEO role in board revamp

Under the plan being proposed, the CEO will guide the sprawling businesses of the 153-year-old Tata empire, while the chairman will oversee the chief executive on behalf of shareholders, say sources

Afghanistan crisis: Taliban 'conundrum' is forcing strange bedfellows

Now that unlikely group of geopolitical rivals find their interests aligned once more, only this time to see those same Taliban leaders restore order in a nation of 38 million

Indian stocks outpacing world by most since 2018 emboldens bulls

The MSCI India index beat the MSCI World gauge of developed nations by more than six percentage points last month, the biggest gap since 2018

Jair Bolsonaro emerges as a risk factor for Brazil IPO pipeline

Bolsonaro's recent confrontation with Brazil's Supreme Court amid an economic crisis has raised fears over the country's reform process and threatens to poison the environment for 25 IPOs-in-waiting

Apple fixes a security flaw exploited by Pegasus, says report

The flaw, disclosed Monday by Citizen Lab, allowed a hacker using NSO's Pegasus malware to gain access to a device owned by an unnamed Saudi activist, according to security researchers

Explained: How banks can lose $60 billion to cybercash highways

The Model 3 alternative may pose the biggest risk to the conventional money transfer business

US consumer price growth cools in August, smallest gain in seven months

Treasuries pared declines following the data, while the dollar fell and S&P 500 futures rose.

Covid: China locks down city of 4.5 mn as Delta variant surges again

The latest outbreak, which has yet to escape the Fujian province, includes 103 cases in three cities thus far.

GST Council to weigh bringing fuel under indirect tax regime: Report

Any change to the GST system would require approval by three-fourths of the panel, which includes representatives from all states and territories

Inflation pullback boosts RBI's easy money policy before Oct policy meeting

Consumer prices rose 5.3% last month from a year earlier, the Statistics Ministry said in a statement on Monday

This battery idea from 1970s could help EVs take lead in auto industry

Sodium-based batteries aren't going to take electric cars any further than lithium can, but materials needed to make them are widely available.

China tech shares slide on latest volley of internet restrictions

Traders mulled a report that the government intends to break up Ant Group Co.'s Alipay business

Democrats may propose raising corporate tax rate to 26.5%: Report

Ways and Means Committee set to debate proposal on Tuesday

Delta breaches China less than a month after previous outbreak

The virus quickly took off in Fujian's scho­ols and factories

China tech watchdog warns internet firms against blocking rivals

The government has accused a handful of companies of employing blocking and other methods to protect their respective spheres

Explained: Why App store fees are drawing fire worldwide

Apple device users spent $72 billion on the App Store in 2020, with almost $22 billion of that going to the iPhone maker

Uber loses battle over drivers' working rights in the Netherlands

Uber said it will appeal the decision.

OPEC sees stronger demand for its crude oil this year and next

The latest data from the group indicate that the world will continue to face an oil supply deficit in the coming months even as its members revive idle production.

Here's what experts say next six months of Covid pandemic will bring

Almost everyone will be either infected or vaccinated before the pandemic ends, experts agree