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Bloomberg

Bloomberg

Page 612 - Bloomberg

'Distress sale': Indians offload gold heirlooms as Covid deepens pain

With fewer banks around, people in rural areas rely on gold in times of need as it can be easily liquidated

'Distress sale': Indians offload gold heirlooms as Covid deepens pain
Updated On : 13 Jul 2021 | 12:31 AM IST

Adani group boosting coal assets despite carbon neutral pledge: Report

Environmental nonprofit says company is making a significant negative contribution to global warming

Adani group boosting coal assets despite carbon neutral pledge: Report
Updated On : 12 Jul 2021 | 10:40 AM IST

Written down: Accounting drill keeps bitcoins from getting wider acceptance

Accountants are fitting crypto into existing categories. As an intangible asset, Bitcoin's book value can go only one way: down.

Written down: Accounting drill keeps bitcoins from getting wider acceptance
Updated On : 12 Jul 2021 | 8:57 AM IST

Microsoft likely to buy cybersecurity firm RiskIQ, pay more than $500 mn

RiskIQ's customers include Facebook Inc, BMW AG, American Express Co and the US Postal Service

Microsoft likely to buy cybersecurity firm RiskIQ, pay more than $500 mn
Updated On : 12 Jul 2021 | 8:10 AM IST

Rupee slides toward year's low against dollar as trade deficit widens

The Reserve Bank of India also has $600 billion of currency reserves to draw on to curb any sharp fall in the rupee

Rupee slides toward year's low against dollar as trade deficit widens
Updated On : 12 Jul 2021 | 8:07 AM IST

World's billionaire factory shaken as China cracks down on 'savage growth'

Beijing's pursuit of ride-hailing service Didi and Jack Ma shows the age of unfettered gains for China's ultra-rich now appears to be at end.

World's billionaire factory shaken as China cracks down on 'savage growth'
Updated On : 12 Jul 2021 | 1:36 AM IST

Global boom in house prices becomes a dilemma for central banks

Withdrawing stimulus too slowly risks inflating real estate further and worsening financial stability concerns in the longer term

Global boom in house prices becomes a dilemma for central banks
Updated On : 12 Jul 2021 | 1:30 AM IST

Next pandemic risk: Woman dies after infection with two Covid-19 variants

Belgian researchers couldn't say whether co-infection played a role in the 90-year-old's deterioration.

Next pandemic risk: Woman dies after infection with two Covid-19 variants
Updated On : 11 Jul 2021 | 5:52 AM IST

G-20 finance chiefs back global tax deal and vow to clear hurdles

The landmark agreement aims to revamp rules that have allowed major companies to save billions by shifting profits to low tax jurisdictions

G-20 finance chiefs back global tax deal and vow to clear hurdles
Updated On : 10 Jul 2021 | 9:13 PM IST

Resurgence of Taliban raises terrorism fears from Moscow to Beijing

At least 1,000 Afghan troops this week retreated into Tajikistan, prompting the country mobilize an extra 20,000 soldiers to guard its frontier

Resurgence  of Taliban raises terrorism fears from Moscow to Beijing
Updated On : 10 Jul 2021 | 12:39 PM IST

Richard Branson vs Jeff Bezos: Who will really win this space race?

In a summer not lacking in awe-inspiring spectator sports, this rivalry remains pretty unique. And it's not without risk. It's taken a couple of decades for both men to realize their ambition of going

Richard Branson vs Jeff Bezos: Who will really win this space race?
Updated On : 10 Jul 2021 | 12:23 PM IST

Amazon wants to monitor you in your sleep using radar, for your benefit

The monitoring, according to Amazon, could help people with 'with mobility, speech, or tactile impairments,' and it could monitor sleep with a high degree of precision

Amazon wants to monitor you in your sleep using radar, for your benefit
Updated On : 10 Jul 2021 | 11:42 AM IST

Heineken's a minute-long ad draws online ire over vaccination promotion

The world's second-largest beermaker joins companies implementing ad campaigns and corporate policies to promote inoculation

Heineken's a minute-long ad draws online ire over vaccination promotion
Updated On : 10 Jul 2021 | 2:06 AM IST

UK spurns European Union's $56.2 billion Estimate for Post-Brexit Tab

The accounting seems likely to trigger new discussions with the UK, which estimated in 2018 that the total bill would amount to 41.4 billion euros

UK spurns European Union's $56.2 billion Estimate for Post-Brexit Tab
Updated On : 10 Jul 2021 | 1:51 AM IST

Value trade is just getting started beyond the US stock market

For all the dominance of mega-cap growth names, US stocks led the world during the cyclical upswing in the first half of the year - and that means other regions are now primed for a catch-up

Value trade is just getting started beyond the US stock market
Updated On : 10 Jul 2021 | 12:44 AM IST

Digital payments start-up Mobikwik nears filing for $300-million IPO

MobiKwik plans to lodge the listing documents with the Indian securities regulator as soon as the next few days

Digital payments start-up Mobikwik nears filing for $300-million IPO
Updated On : 10 Jul 2021 | 12:06 AM IST

Cash is still king, for now: Diamond sale dims cryptocurrency hopes

A 101.38-carat diamond was sold by Sotheby's for HK$95.1 million ($12.3 million) to an unknown buyer using traditional currency, disappointing cryptocurrency fans

Cash is still king, for now: Diamond sale dims cryptocurrency hopes
Updated On : 09 Jul 2021 | 11:51 PM IST

Lenders say no to firms, individuals when India's economy needs credit most

Nation's biggest lender State Bank of India wants to nearly double its credit growth rate to 10% in the year started April 1, but is willing to miss the goal.

Lenders say no to firms, individuals when India's economy needs credit most
Updated On : 09 Jul 2021 | 9:04 AM IST

Billionaire to watch: Tesla's China battery partner is richer than Jack Ma

Zeng Yuqun's net worth has jumped to $49.5 billion, making him one of the five richest people in Asia for the first time.

Billionaire to watch: Tesla's China battery partner is richer than Jack Ma
Updated On : 09 Jul 2021 | 8:47 AM IST

RBI could be facing another standoff with traders over new bond sale

Central bank seeks to keep the government's borrowing costs low, while investors are demanding higher yields.

RBI could be facing another standoff with traders over new bond sale
Updated On : 09 Jul 2021 | 8:19 AM IST