Page 625 - Bloomberg

Devas joins Cairn Energy in trying to seize Air India's overseas assets

Indian authorities and Devas are engaged in multiple court cases globally after a dispute that goes back to 2011.

Investment bank Nomura loses 20 bankers in Asia after bonus payout in May

Global banks are battling to keep junior investment bankers in Asia where financial technology firm and investment companies can offer a route to faster promotion and the prospects for higher earnings

Soaring pump prices pose threat to India's recovery and inflation

Fuel costs have been ratcheted up to current levels by the combined effects of rising benchmark Brent prices and numerous tax hikes over the past few years.

Bangladesh govt scraps plans for 10 coal plants, pursues green options

Bangladesh had approved the construction of 18 coal power plants since 2008.

US army strikes Iran-backed militia a day after IAEA snub: Report

Air strikes carried out on Iraq-Syria border, in a test for Iran's new prez

Astra vaccine response more with up to 10-month gap, third dose: Study

Booster given six months after the 2nd dose beneficial, shows Oxford research

Amazon employee fired by a robot: It's you vs machine's algorithm

Normandin's experience is a twist on the decades-old prediction that robots will replace workers.

India shifts 50,000 additional troops to China border in historic move

China is adding fresh runway buildings, bomb-proof bunkers to house fighter jets and new airfields along the disputed border in Tibet

After their love affair with gold, Indians train their sights on crypto

The growth in India is coming from the 18-35 year old cohort, says the co-founder of India's first cryptocurrency exchange

Gender, climate change: Gates divorce spurs divergence of investing goals

In years leading up to their breakup, Bill and Melinda French Gates dived into projects outside the scope of their foundation's work. That trend expected to accelerate post-divorce.

AstraZeneca vaccine immune response higher with longer gap, third dose

Leaving a gap of as long as 10 months between the first and second doses increased level of protective antibodies, says Oxford University research.

Indian economy showed signs of cooling in May before gaining momentum

A slew of data from services activity to automobile sales pointed to lack of demand last month, which in turn kept the needle on an overall activity indicator unchanged at 6.

A $27 billion pile of stressed debt looms over India's new bad bank

The new institution, which is set to start operations by end of June, is likely to handle stressed debt worth $27 billionover time, which would be about a quarter of non-performing debt load

Facebook must face claims linked to sex trafficking, says Texas judge

Justice James Blacklock of the Texas Supreme Court said in a ruling on Friday the women can sue Facebook under a state law that allows legal action against those who benefit from sex trafficking

Clear air, water: China's electric car capital has lessons for the world

Almost 30% of the cars sold in Liuzhou last year were electric, more than five times China's average

Sajid Javid appointed UK health minister after Matt Hancock resigns

Matt Hancock quit after he was caught embracing a senior aide in his office, in breach of the social distancing guidelines he helped to create

Dubai lures Wall Street jet-setters as events business rebounds

Dubai is moving full-speed ahead with in-person events on the back of fewer travel restrictions and one of the world's most-connected airports

Dawn of roaring twenties seen as Dubai's luxury home sales soar

The business hub's pattern mirrors other global cities, says Knight Frank

Bolsonaro linked to alleged corruption in buying of Bharat Bio's vaccine

Brazil senate probing the president's handling of the pandemic; country signed a contract with the Indian firm to purchase 20 million doses for $325 million.

Indian states need more financial support from the government: S&P

The Covid-19 pandemic could increase budget deficits and indebtedness of state governments as spending needs to exceed revenue collected, S&P Global analysts YeeFarn Phua and Ruchika Malhotra said