Page 609 - Bloomberg

An $8.8 bn IPO wave sweeps across India as investors bet on startups

The catalyst, in a word, is Zomato Ltd. The food-delivery startup went public in July

Used vehicle startup Cars24 to raise $350 mn from SoftBank, others: Report

The fundraising would also include Falcon Edge Capital and value the startup at close to $2 billion, said the person, asking not to be named because the details aren't public

Joe Biden says chaos couldn't have been avoided in Afghanistan

Biden's comments point to a looming question of whether the U.S. will recognize the Taliban as Afghanistan's government after they swiftly took control of the country, including the capital city

China's digital yuan gives banks an edge in payments, says Moody's

The effort to develop a digital yuan "reflects the authorities' concerns about data concentration among technology companies", the Moody's analysts said

Singapore's vaccinated travel easing starts with Germany, Brunei

Germany and Brunei were chosen as places where Singapore could test its confidence in vaccinated travel lanes

Copper and iron ore tumble as growth fears roil metals markets

This week's drop for iron ore accelerated, with futures sliding as much as 12% to the lowest since December in Singapore

Goldman Sachs buys Dutch money manager NN Investment Partners for $1.9 bn

The US lender will pay about 1.6 billion euros ($1.9 billion) for NN Investment Partners, according to a statement Thursday

Afghanistan may turn China's Belt and Road into a $282-bn creditor trap

The danger comes from instability in Pakistan, where Beijing banks have invested heavily. The Chinese still have nightmares about a major miscalculation in Venezuela

$549 mn planes sold as scrap: Ten ways US blew cash in Afghanistan

Watchdog set up by Congress spent 13 years documenting the successes and failures of America's efforts in Afghanistan.

Vietnam, India top measure of cryptocurrency adoption by individuals

Interest in cryptocurrencies has surged since the onset of the pandemic, in part because of substantial gains by digital tokens like Bitcoin and Ether

India's open e-commerce may quietly close another door for Amazon, Flipkart

An assault on the economics of digital platforms will possibly rank among the most far-reaching separations of platforms and commerce seen anywhere.

Covid vaccines fight off infections but less effective against delta: Study

Results from UK survey are likely to fuel calls to give booster shots to the fully vaccinated.

Biden administration to start offering vaccine booster shots on Sept 20

The US will begin issuing more booster shots as soon as Sept. 20 to people who received their second shot at least eight months earlier

After $610 million crypto heist, hacker has job offer from his victim

PolyNetwork was hit by $600-million heist last week

India's chronic disease burden helped fuel Covid-19's brutal waves

For years India has faced an escalating non-communicable disease crisis as its middle-class expands and leads a more sedentary and affluent lifestyle

China's education crackdown pushes costly tutors underground

A sweeping overhaul announced last month bans private companies from teaching the school syllabus during weekends and vacations and from making a profit, along with a laundry list of other restriction

US Fed's reverse-repo facility usage up to record $1.08 trillion

The amount of cash investors are parking at a major Federal Reserve facility surged above $1 trillion once again amid an overabundance of US dollars

Adidas sells Reebok to US firm Authentic Brands Group in $2.5 billion deal

The majority of the price will be paid in cash at closing, with the rest coming as deferred and contingent consideration, the companies said Thursday in a statement

Richard Branson sells $300-million stake in Virgin Galactic Holdings

The billionaire offloaded almost 10.5 million shares -- about 4% of the space-travel company -- through a company he controls, leaving him with an 18% stake, according to a regulatory filing

ACME seeks to tap global investors for its $2.7-bn India solar push

It is seeking to raise about a quarter of the total investment by tapping global investors from private equity firms to pension funds