Page 640 - Bloomberg

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

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

Mukesh Ambani and Gautam Adani. Two billionaires, one green ambition

Until now, the two billionaires, both hailing from Prime Minister Narendra Modi's home state of Gujarat, have largely operated in their separate spheres. Clean energy would see them overlap.

Big Tech's car mania all about taking eyes off the road & on to the screen

Americans were behind the wheel for 307.8 hrs in 2016 - time not spent using apps on an iPhone, searching on Google, etc. Any firm able to free up that time will have a good chance of capturing it

India's coal-dominated power market is tilting toward solar

NTPC's move also raises questions about the future of the nation's coal fleet

Women did three times as much childcare as men during coronavirus pandemic

Women took on 173 additional hours of unpaid child care last year, compared to 59 additional hours for men, study says.

Internet seer: Former Buddhist monk preps IPO for crowdfunding startup

Campfire helps individuals and small groups raise funds online, making it the biggest such business in Japan.

Cryptocurrency companies fight for top talent, hundreds of jobs on offer

Binance, the world's largest crypto exchange, is advertising for some 370 positions globally, according to its LinkedIn recruitment portal.

Chinese banks' forex deposits surpass $1 trillion for the first time

China's commercial lenders had a record $1.38 trillion of foreign exchange by the end of May, with the majority being held in deposits, according to the People's Bank of China.

India's record vaccinations may not stop third Covid wave as doses run low

Despite halting all exports in April and benefiting from a huge vaccine producing industry, India has covered only 4% of its vast population.

Beijing sues Australia at WTO over tariffs in hit to strained ties

Beijing has responded with tariffs and restrictions on imports of coal, barley, lobsters and wine