Page 598 - Bloomberg

SoftBank-backed logistics firm Delhivery plans $1 bn IPO filing in October

The company, backed by SoftBank Vision Fund and Carlyle Group Inc., is targeting a Mumbai listing before March next year, said the people with knowledge of the matter

J&J says coronavirus vaccine booster shot triggered an antibody surge

ignificant increases in antibody responses were seen in subjects ages 18 to 55 years old, and among those 65 or older who were given a lower dose of the booster.

US Senate's company tax plan boosts penalty on sending profit abroad

The proposal is one legislative piece of a $3.5 trillion tax and spending package that Democrats are now crafting to implement the bulk of President Joe Biden's longer-term economic plans

Not just tycoons, India's asset monetisation plan must treat all fairly

Australia has lessons for India's plan on managing a fair deal for taxpayers and ensuring public utilities work and are affordable.

Credit Suisse postpones US office return for unvaccinated staff

Employees that are not yet vaccinated are expected to work remotely until they receive the shot. The memo didn't specify that employees would be obliged to get vaccinated.

Sequoia-backed beer maker Bira 91 plans fifth brewery before IPO

The new brewery in Madhya Pradesh -- Bira's second in the central Indian state -- will initially add 400,000 hectoliters a year, Ankur Jain, the 41-year-old chief executive officer said

China eyes Afghanistan's $1 trn of minerals with risky bet on Taliban

Afghanistan is sitting on deposits estimated to be worth $1 trillion or more, including what may be the world's largest lithium reserves

Patchy Indian monsoon set to cheer palm traders 3,000 miles away

The world's second-most populous nation, where eating fried food is a national tradition, depends on overseas suppliers for as much as 70% of its edible oil needs

China's central bank vows to boost credit support, stabilise money growth

The People's Bank of China will keep monetary policy stable with a good cross-cyclical design and will support high-quality economic expansion with "appropriate money growth," according to a statement

China tech stocks rebound as Cathie Wood joins bargain hunters

Heavyweights Tencent and Alibaba Group Holding Ltd. climbed 8.8% and 9.5%, respectively.

India's world-beating stock market rally is narrowing fast, charts show

Since the end of July, measures of red-hot small and midcap shares have slumped and just a bunch of heavyweights have been keeping the largecap rally alive

El Salvador readies Bitcoin rollout with 200 ATMs for conversion

The government will install 200 of the teller machines to initially accompany its digital wallet called Chivo, a local slang term for 'cool,' President Nayib Bukele said on Twitter

Yale taps 36-year-old Matthew Mendelsohn to run $31-bn endowment

Matthew Mendelsohn, 36, will head the second-largest private college endowment in the U.S. -- one that's the envy of peers and institutional investors

China eyes $1 trn of minerals in Afghanistan with risky bet on Taliban

Kabul faces a growing economic crisis, with prices of staples like flour and oil surging, pharmacies running short on drugs and ATMs depleted of cash.

India considers allowing foreign direct investment in LIC: Report

Any strategic investment would be subject to a cap, though it's unclear at what level that would be set, according to a person familiar with the matter

India to resume Covid vaccine exports in 2022: Head of govt expert panel

A second wave of Covil infections and local supply delays prompted the government to prioritize its own citizens and halted overseas shipments of vaccines in April.

Boeing employees' safety independence under scrutiny by US FAA

The FAA action is the latest to look at Boeing's safety practices following twin fatal crashes of the company's 737 Max

Taliban have no self-doubt; they don't care if Afghanistan goes down

There is no meaningful evidence that the Taliban are feeling any existential crisis, much less that they care about making money or running an economy

Taliban name obscure official to lead central bank in economic crisis

Mohammad Idris, who headed the Taliban's economic commission, will 'address the looming banking issues and the problems of the people'

PayPal Holdings launches crypto buying and selling in the UK

Rollout is first international expansion of company's cryptocurrencies outside the US