Page 603 - Bloomberg

Rupee likely to get breather from foreign inflows, say experts

The rupee has come under pressure as surging commodity prices rekindled worries about inflation and the financial health of the net oil-importing nation

Snoop Dogg-backed tech firm powering pot industry valued at $3.75 billion

Dutchie, based in Oregon, United States is growing as new states legalize recreational cannabis or expand their existing offerings

Ikea expects shortages due to supply-chain crisis until mid-2022

Shortages of transport containers and blocked-up ports have snarled logistics for retailers around the world

The shorter work week really worked in Iceland. Here's how

Participants in an Iceland study reduced their hours by three to five hours per week without losing pay

Pinterest co-founder steps down to join Jony Ive's design firm

The departure comes at a complicated time for Pinterest, which is dealing with a number of accusations from former employees that the company discriminated against female workers

Erdogan rids Turkey's central bank of opponents to rate cuts

The lira fell as much as 1.1% to a new record

India logs over Rs 10,000 cr of monthly mutual fund inflows in market boom

Inflows into mutual funds from regular contributions through systematic investment plans, or SIPs, hit an all-time high of 103.5 billion rupees ($1.4 billion) in September

China's power crisis will go global if renewables don't replace coal

With about two-thirds of the grid powered by coal, the cost of digging up the black stuff has determined how much industrial users pay for their power.

'Crypto bole toh': Bitcoin takes on gold for Diwali, helped by film stars

The RBI remains critical of cryptocurrencies, advocating that the government ban them.

What happened to Clubhouse? CEO says once-buzzing firm grew 'way too fast'

Clubhouse's rapid growth early on 'really stressed systems', prompting the company of eight people to scramble to hire quickly.

United States replaces China as world's biggest Bitcoin miner

At the end of August, America accounted for 35.4% of the global hash rate, a measure of computing power used to extract the digital currency

EU proposes tax breaks, caps to shield users from energy rally

The rally in natural gas to power and emission permits is hurting everyone from German chemicals producers to Spanish households just as the economy is recovering from the pandemic

Coal prices rise to record in China as floods keep supplies tight

Futures gain 9% to intra-day record of $254.3/ton

South Korean drama 'Squid Game' is Netflix's biggest-ever launch hit

Squid Game has proved that Netflix's biggest advantage is foreign language TV

Global energy crisis spurs scramble for prized diesel-rich crude

Diesel and fuel oil are expected to be the main oil-product beneficiaries of the crunch that's roiling Asia and Europe

Delta Air warns of rising jet-fuel cost, clouding profit rebound

Delta remains the lone holdout among the largest U.S. airlines when it comes to requiring employee vaccination against Covid-19

US consumer prices outpace forecast as inflation dogs economy

A combination of unprecedented shipping challenges, materials shortages, high commodities prices and rising wages have sharply driven up costs for producers

Oil holds above $80 as IEA warns of volatility, higher prices

Crude has surged this year as a rebound in activity from the pandemic has boosted consumption, depleting inventories

Covid-19: Why some nations have deadlier outbreaks with the same vaccines

A number of countries -- mostly developing economies with less capable healthcare systems -- relied on Chinese or Russian vaccines that have proven less effective than the mRNA shots used in the US

At $54-bn value, interest in GSK's arm may lead to biggest-ever buyout

Advent International, CVC Capital Partners and KKR are among potential suitors for GSK's consumer unit