Page 640 - Bloomberg

Govt asks PSBs to protect dollar assets on Cairn concern: Report

The banks' decision to avoid adding more dollars to their offshore account has roiled India's exchange rate in recent days

Jeff Bezos sells $2.5 billion of Amazon and signals more coming

Jeff Bezos, the world's richest person, continues to hold more than 10% of Amazon.com.

Melinda Gates receives billions in shares from Bill Gates holding company

Cascade Investment, the holding company created by Bill Gates, transferred stock in two of Mexico's largest companies to Melinda French Gates bringing the total amount more than $2 billion.

India's stock market shockingly resilient amid Covid-19 devastation

Fear of the virus is pervasive. Even the rich and the powerful are finding it hard to arrange a hospital bed or track down an oxygen cylinder

India's struggle to track new Covid-19 variants could worsen the crisis

Second- or even third-generation versions of the variant known as B.1.617 could already be circulating in India and some may be more dangerous

China halting flights to India could hurt pharma supplies, say companies

China supplies 60% to 70% of the raw materials used by India's drugmakers, according to an expert.

Book excerpt: The untold story of how Jeff Bezos beat the tabloids

When a gossip paper went after the Amazon CEO, he retaliated with the brutal, brilliant efficiency he used to build his business empire. An excerpt from the new book Amazon Unbound by Brad Stone

Bill and Melinda Gates divorce: How $145 bn can be split between couple

The couple are also among the lar­gest landowners in the US and have homes inc­luding their 66,000-sqft mansion in Medina, Washin­gton

Covid-19 forecasters warn India deaths may double in coming weeks

The US currently has the largest number of fatalities at around 578,000

Cryptocurrency mania sends Doge soaring, crashes Robinhood token trading

Investors are piling back into some of the fringe corners of the cryptocurrency world, with the frenzy sending Dogecoin surging more than 50% again and crashing Robinhood's trading app.

Saudi Arabia cuts oil prices for Asia as virus hits India demand

Brent crude has climbed almost 35% this year

US-listed Emerging Markets ETFs see 26th straight week of inflows

Total inflow was $341.7 million for the week ended April 30, up from $81.1 million in the previous week

Banks using unseen digital cash could bring down fees on foreign transfers

Blockchain technology used between banks to settle claims could significantly lower the cut taken from customers

Two pandemics clash as doctors find that coronavirus spurs diabetes

When Ziyad Al-Aly's research team told him how often diabetes appeared to strike Covid-19 survivors, he thought the data must be wrong, so he asked his five colleagues to crunch the numbers again.

Bill Gates' holding company transfers $1.8 bn of equities to Melinda Gates

Melinda is now the beneficial owner of 14.1 million shares of Canadian National Railway Co. worth about $1.5 billion.

Covid-19 deaths in India may double in coming weeks, forecasters warn

Mathematical model predicts about 404,000 deaths will occur by June 11 if current trends continue.

Coronavirus lockdown rules to end on June 21, says UK PM Boris Johnson

The prime minister is making his case to millions of voters in England, Wales and Scotland who are taking part in elections on May 6

Commodity rally sparks jump in emerging-market currencies, credit

Many investors expect more gains as the world pulls out of the pandemic

India Covid-19 crisis shows complacency, lack of leadership: Raghuram Rajan

Country should have recognised coronavirus potentially comes back in more virulent forms, says former RBI governor.

After sweeping India, fierce Covid-19 waves hit other developing nations

Reported spikes in handful of nations signal the potential dangers of an uncontrolled spread.