Page 6 - Bloomberg

India's AC boom could trip the power grid, but policy is the real problem

India's cooling demand is surging with rising heat and incomes, but outdated rules are slowing adoption of cheaper, cleaner refrigerants that could ease pressure on the power grid

Bitcoin tops $80,000 for first time in three months as Asian stocks rise

The original cryptocurrency climbed as much as 1.9 per cent Monday morning in Singapore to $80,393, its highest level since Jan. 31

Latest RBI rules for shadow lenders may put Tata Sons IPO on radar

The Reserve Bank of India this week said shadow lenders that are accepting money from associates and group entities will be counted as having indirect access to public funds

Nvidia's push into physical AI sparks rally in Asian tech partners

Nvidia has expanded its roster of Asian partners in recent years, primarily through deeper chip-focused ties with suppliers such as SK Hynix Inc. and Samsung Electronics Co

Berkshire cash pile hits record $397 bn in Greg Abel's first quarter as CEO

After a slight decrease late last year, the firm's cash hoard jumped in the first quarter as it offloaded a net $8.1 billion of equity holdings in the period

Trump prefers not to strike Iran even as frustration over talks mounts

Speaking in Florida, Trump said, 'Maybe we're better off not making a deal at all,' without elaborating, he added, 'we can't let this thing go on'

India-linked LPG tanker attempts Strait of Hormuz exit amid energy crisis

Marshall Islands-flagged Sarv Shakti - laden with around 45,000 tons of LPG, commonly used as cooking fuel - appeared to move northward through the waterway

Tech giants Microsoft, Amazon hand Pentagon more control over AI systems

Nvidia Corp., Microsoft Corp., Reflection AI Inc. and Amazon.com Inc. have all newly struck agreements with the US Defence Department 'for lawful operational use' of its AI systems

Adani Group unveils restructuring to speed up decisions, drive growth

The Adani Group will introduce a three-layer organizational structure with fewer decision-makers, and have greater focus on liquidity and access to capital

Apple sales forecast surpasses estimates even as Mac shortages linger

Sales will rise 14 per cent to 17 per cent in the period, which runs through June, the company said during a post-earnings conference call Thursday

Trump signals openness to reducing US troops in Spain, Italy amid tensions

Trump's comments were the latest in his attacks on European allies for not doing enough to pay for their own defence and support the US war in Iran

India's heatwave exposes fragile power grid as energy crunch deepens

Extreme heat and West Asia war disruptions strain India's energy supplies, driving power demand to record highs, triggering blackouts and worsening shortages of crude, LNG and cooking gas

Record low rupee may end India's cheap-money era, force RBI policy shift

Rupee weakness amid global turmoil and capital outflows may limit RBI's policy stance, raising risks of rate hikes as inflation, currency pressure and external shocks reshape India's monetary outlook

Elon Musk's Tesla compensation totals reaches $158 billion for 2025

Tesla reported the 2025 total in a regulatory filing Thursday, almost six months after more than 75% of voting shares supported the chief executive officer's massive stock award

Alphabet, Amazon outpace Meta in AI race during earnings bonanza

On that front, Google was able to point to solid growth at its cloud computing unit, which recorded sales of $20 billion last quarter

US jobless claims fall to decades low as layoffs stay largely subdued

Continuing claims, a proxy for the number of people receiving benefits, dropped to 1.79 million in the previous week, the lowest in two years

Alphabet's Q12026 sales at $94.7 bn, Google Cloud sees 63% revenue surge

Alphabet shares jumped 7.6% to $376.35 in early trading in New York on Thursday. The stock had risen 12% this year through Wednesday's close

Iran conflict creates two-speed diesel market across Asian economies

Asia typically sources most of its diesel from plants within the region, which in turn rely on flows of crude from West Asia for a substantial share of their input

White House opposes Anthropic plan to expand Mythos AI technology access

Members of US President Donald Trump's administration have told Anthropic that they don't agree with the company's plan to grant access to its Mythos technology to roughly 70 companies

RBI's rupee defence faces fresh pressure as capital inflows weaken

The Reserve Bank of India took aggressive steps recently to curb speculation, yet the currency fell to a record closing low on Wednesday