Page 594 - Bloomberg

Citigroup bolsters India investment banking team on unprecedented deal boom

Companies have raised about $10.2 bn through IPOs in India this year, putting 2021 on track to beat its all-time record of $11.8 bn

Bharti-backed OneWeb's AT&T satellite deal challenges Musk in his backyard

OneWeb is racing against Elon Musk's rival Starlink system to offer internet to consumers and businesses in regions of the world where terrestrial fixed and wireless connections aren't profitable

China tech stocks slide as regulators ramp up pressure on gaming

The Hang Seng Tech Index tumbled 4.5% as of 3:51 p.m. local time, with Tencent Holdings Ltd. dropping by almost twice that amount in its worst day in five weeks.

Gold edges higher as virus spread cuts yields, pressures stocks

The relentless spread of the delta virus variant is taking its toll on America's economy as well as global supply chains, depressing growth while boosting inflation.

China will suspend approvals for new online games, says report

Tencent and Netease led a selloff of Chinese stocks in Hong Kong after the Xinhua news service reported that officials had invited gaming firms to meeting to discuss further oversight of industry

Waking up the neighbours: Taliban's new govt will upset India, China, Iran

Hardliners in Kabul are all closely tied to Islamabad, have backed it on Kashmir dispute.

ONGC exploring purchase of woodside stake in Senegal oil field

State-owned ONGC is discussing acquiring an interest of 20% to 40% in the field, the people said, asking not to be identified as the matter is private

Anil Ambani's Reliance Infra wins $632 mn arbitration against Delhi Metro

The verdict is a crucial victory for Anil Ambani as his telecom firms are in bankruptcy and he is contesting a personal insolvency case.

China tells gaming firms Tencent, Netease to end 'solitary' focus on profit

Tencent, the country's largest gaming company, dived as much as 6.7%, on track for its biggest fall since July, while smaller rival Netease fell as much as 7.7%.

'Happened rapidly': How a single Covid case rocked world's biggest carmaker

Toyota slashes output in September by 40%: a fallout of a series of disruptions that started when a worker at a supplier's plant in Vietnam tested positive for Covid.

Apple to let media apps avoid 30% fee from next year after global scrutiny

Companies like Netflix and Spotify Technology have long complained that Apple doesn't allow them to link to their web portals for users to sign up for their services

Tantrum fears fade as riskier EM bonds rise to defy taper talk

Fixed-income securities issued by South Africa, Turkey, Indonesia and India posted the biggest gains among 46 sovereign markets, returning at least 1.2% last month, excluding currency fluctuations

Covid-19: Saudi Arabia now has the world's toughest vaccine rules

Few countries have imposed restrictions as tight as those in Saudi Arabia, where refusal to vaccinate can block shoppers from grocery stores

Rapid spread of Delta variant weighs on Asia's factories as PMIs drop

Vietnam's IHS Markit PMI fell to 40.2 from 45.1 in July, its third consecutive month of contraction and the lowest reading since April 2020

Afghan crisis: Taliban will unveil govt with Akhundzada pulling strings

Consultations on forming an inclusive Afghan govt end in 'consensus'

OPEC+ sticks to agreed schedule for oil-production increases

Ministers ratified the 400,000 barrel-a-day supply hike scheduled for October after less than an hour of talks, one of the quickest meetings in recent memory

Jobs lost, wages cut: India's world-beating GDP masks pain of the pandemic

An economy that performs well below potential for too long will suffer a permanent loss, writes Andy Mukherjee.

India to offer indemnity to Air India bidder over Cairn claim: Report

Air India, unprofitable since a 2007 merger with state-owned domestic operator Indian Airlines Ltd., has total debt of Rs 60,000 crore and loses Rs 20 crore every day

Go ahead and reinvent your career. you'll have plenty of options

Declines in automobile and new home sales, combined with the rise of services like Uber, led to a belief that in the future people would be less attached to buying things

Rupee's sudden gains have traders speculating RBI is easing grip

The rupee has rallied 1.6% in the previous three sessions to post its biggest gain for the period since March 2