Page 657 - Bloomberg

China's financial regulators draft tougher rules for too-big-to-fail banks

Chinese authorities have started to evaluate systemically important banks this year by measuring assets of the nation's 30 largest lenders.

Britain sees 25 new blood-clot cases linked to AstraZeneca vaccine

The country's drugs regulator said the benefits of the shot continue to outweigh the risks

Job growth in US topped 900,000 in March as hiring broadened

The payroll figures showed broad-based gains across industries, led by a 280,000 surge in leisure and hospitality

Iran, US to hold indirect talks on nuclear deal next week

US officials will not hold direct talks with Iran but be present in Vienna during meetings scheduled for April 6 between the Islamic Republic and the remaining world powers in the deal

UK's richest woman gets $648 million in salary from betting empire

Her salary of 421.2 million pounds from the closely held British firm makes her one of the world's best-paid bosses

God and man collide in rise and fall of Bill Hwang's life on Wall Street

The story of a mind-boggling fortune made in stealth and then wiped out in a blink has sent shock waves through mighty banks.

How Masayoshi Son's 'money guy' Lex Greensill went from hero to zero

Son has had to write down his investment, making it among the worst in the history of his Vision Fund, alongside the implosion of WeWork Cos., another SoftBank portfolio company

France imposes third lockdown amid rising Covid-19 cases, schools closed

The French leader implored the nation to make an extra effort as the lockdown comes into force on Saturday

On recovery path: WTO pegs trade growth at 8% in 2021, highest in a decade

Says growth will slow to 4% in 2022 as effects of the pandemic will be felt

Pakistan's Cabinet makes U-turn on plan to resume trade with India

The India-Pakistan cease-fire marked a milestone in secret talks brokered by the UAE, Bloomberg reported earlier this month

Global chocolate makers have sweet-loving Indians in their sights

Chocolate -as well as ice cream, cakes and milk shakes - is starting to displace traditional treats among the middle classes

Egypt may seek $1 bn in damages over lost revenue due to Suez crisis

The figure is a rough estimate of losses linked to transit fees, damage to the waterway during the dredging and salvage efforts, the Suez Canal Authority's chief said

India's biz reputation at risk as states push laws to make firms hire local

Millions of jobs were lost during last year's nationwide lockdown, dealing a blow to govt's promise of generating adequate employment for the world's youngest and biggest workforce

Sensex drops 627 points, Nifty ends at 14,691; Banks, RIL drag market

A day earlier, both the indices had posted their biggest gain in nearly two months, advancing 2.3 per cent each

Biden's $2-trn proposal: $174 bn for EVs, new funds for clean power

What Biden lays out Wednesday is just the first part of his long-term economic program, with a second round of initiatives to be announced in mid-April

Saudi Arabia's listed firms to cut payouts for Prince's $1.3-trn plan

The companies will benefit from extra subsidies and the ability to lobby for law changes

Covid-19 crisis: China sitting on key data on lab leak, says WHO chief

14 countries raise concerns over joint report by WHO-China on Covid origin

Biden to let Trump's H1-B visa ban expire, marking win for US tech firms

US President last month withdrew a related Trump executive order that stopped the issuance of new green cards.

ECB may get a digital currency in 4 years: President Christine Lagarde

The ECB is about to release an analysis of the 8,000 responses it received as part of a public consultation process on the potential launch of a central bank digital currency

Volkswagen US name change to 'Voltswagen' was April Fool's joke gone awry

Earlier, the automaker caused an uproar last year with a video clip that showed a black man being controlled by a giant white hand