Page 594 - Bloomberg

India's cryptocurrency market grew 641% over past year, says report

India has a 59% share of activity taking place on decentralized finance (DeFi) platforms, with Pakistan at 33%, the report said

Address this: Facebook's 6-hour outage likely caused by simple tech problem

Not only did Facebook's primary platforms go down, but so too did some of its internal applications, including the company's own email system

Zuckerberg loses $7 bn in hours as Facebook crash takes down firm's stock

Facebook CEO's worth down to $120.9 billion, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index.

Covid-19 pandemic: EU panel backs booster shots of Pfizer, Moderna

Those ages 18 and older can get a third dose of the Pfizer vaccine, developed with BioNTech SE, at least six months after their second shot, the European Medicines Agency said in a statement Monday

China relaxes coal mine safety norms on deepening energy crisis

A shortage of coal heading into winter has sent prices in China and around the world surging to record levels

Evergrande Group's trading halted in Hong Kong as debt test looms

Uncertainty over firm's over $300-bn debt load continues to plague investors

Bengaluru startup offers three-day work week to attract tech talent

Fintech company Slice is offering new hires a three-day week with salary at 80% of the going market rate

IATA predicts airlines will lose over $200 bn due to Covid by 2022-end

The combined $201 billion in net losses over the pandemic-blighted period eclipses close to nine years of industry earnings, based on IATA figures

Amazon turns negative for 2021 as higher yields adds to pressure

Amazon shares fell as much as 2.5% on Monday and were on track for a sixth straight negative session

Apple to release new watch on October 15 following production snags

The company plans to begin taking orders for the product -- called the Apple Watch Series 7 this Friday

Oil at highest since 2014 as OPEC panel advises sticking to plan

The market has tightened significantly following the economic recovery from the pandemic and supply disruption in the Gulf of Mexico due to Hurricane Ida

Amazon rival Noon to draw $2 bn from PIF, other backers to upgrade infra

The investments from the Public Investment Fund and others will be used to upgrade infrastructure and help speed up deliveries

A year after Brexit, Britain is isolated, vulnerable and hurting in Covid

A confluence of crises has forced govt to deploy soldiers to drive fuel trucks, energy suppliers to go out of business and panicked households to try and fill cupboards-all while Covid is still rife

Jeff Bezos makes first-ever investment in southeast asia's e-commerce

Indonesian startup Ula offers technology solutions to small retailers and seeks to expand its base.

Pakistan power elite to ex-British PM: Revelations from Pandora papers leak

Moving money through offshore accounts, in mostly low-tax jurisdictions, is legal in most countries, and many of the people named in the data release aren't accused of criminal wrongdoing

India wants to be the next Taiwan in chips, but its dream is misguided

Its government would be better off saving its money and luring more suitable partners in testing and assembly.

Did Subhash Chandra beat a US activist fund with Zee-Sony merger?

It seems the market can't make up its mind if India's largest pvt television network, with a 17% share nationwide, is more valuable with the founders in the driver's seat or out of the wagon entirely

Dubai turns page on Covid-19 with hottest jobs market in two years

A turnaround in employment took hold this summer and spread as looser travel restrictions revived business

Finance Ministry to seek ratings upgrade for India in meeting with Moody's

The meeting is scheduled for September 28, according to people familiar with the matter

Female MBA graduates earn $11,000 less than male peers, finds global study

Even women that seek out high paying industries and jobs face a pay gap, says findings from the Forte Foundation.