Page 612 - Bloomberg

500 EV models now: Two-thirds of global car sales will be electric by 2040

If any country is going to meet its net-zero emissions targets in the next 30 years, more needs to be done to clean up road transportation

Goldman slashes China growth forecast on Covid's delta variant uutbreak

The economists cut their projection for quarter-on-quarter growth of gross domestic product in the third quarter and also lowered their full-year GDP growth forecast

Host gets the most: Here's a surefire way to lift your Olympic medal count

A look at the count of gold, silver, and bronze shows that the host country gets a significant boost, one that persists in subsequent games

Money fleeing China's shaky stocks may overlook pricey India, says UBS

UBS predicts the NSE Nifty 50 Index will fall to 15,500 by the end of June 2022, down almost 5% from Friday's close.

TikTok owner ByteDance eyes Hong Kong IPO by early 2022: Report

ByteDance is going through a review process and has submitted filings to Chinese authorities, and final guidance is expected from ByteDance by September

Biden's infra Bill hits Senate speed bump, debate slows to crawl

Amendments still on the table include proposals for new cryptocurrency rules and flexibility for states and localities that choose to use some unspent pandemic relief funds for roads and bridges

Stocks loved in the pandemic are paying price for any profit misses

Companies with sky-high valuations look volatile, as investors are less willing to buy growth at any cost.

India to Indonesia: Asian economies challenged by Delta Covid variant

In India, where the delta strain was first identified last year, a deadly second wave is ebbing but its fallout is substantial.

Did inequality increase during pandemic? Wait for more data to get answers

It might be in the nature of economic modernization and industrialization for inequality to at first increase and then decline.

Nervous S&P 500 traders bet the market's best days are behind it

Even strategists lifting year-end targets warn of bumpy ride

Bitcoin and Ether hit highest levels since mid-May as sentiment warms

Ether increased as much as 6.9% to $3,145, gaining for a fourth day amid the Ethereum network's London upgrade, which reduces the pace of growth in the coins

Cash glut at Warren Buffett's Berkshire may trap tech titans next

Unlike some of his ultra-wealthy peers, Buffett still prefers the nuts-and-bolts businesses of Planet Earth

Global Covid deaths estimated to reach 5.3 million by December

There have been almost 4.3 million deaths from Covid-19 globally since the start of the pandemic, according to the World Health Organization.

Downbeat Indian consumers withhold spending amid pandemic, says RBI survey

The latest survey came as the RBI's Monetary Policy Committee kept interest rates unchanged at a record-low

SEC brings its first DeFi case over unregistered digital token sales

The SEC sued Cayman Islands-based Blockchain Credit Partners and two of its top executives for illicitly offering securities through its DeFi Money Market platform from February 2020 to February 2021

Commodity markets on tenterhooks as Delta outbreak rattles China

Fears over the more infectious variant helped drive US crude below $70 a barrel this week

Oil heads for biggest weekly loss this year on Delta variant concerns

Oil fell, capping the biggest weekly loss since October, as the spread of the delta coronavirus variant in China and elsewhere in the world is casting doubts on demand growth

Huawei Technologies revenue declines as business hurt by US curbs

The Shenzhen-based company reported a 38% decline in sales to 168.2 billion yuan ($26 billion) in the three months ended in June

US job growth exceeds forecast in July as unemployment rate falls

Payrolls climbed by 943,000 last month after an upwardly revised 938,000 increase in June

Cryptocurrency exchange Binance halts new Hong Kong futures accounts

The largest crypto exchange by reported turnover said in a Twitter post that the move is effective immediately.