Page 659 - Bloomberg

Two from India in Asia's 50 best restaurants: Check details here

The Chairman in Hong Kong was named the No 1 restaurant in the region by World's 50 Best Restaurants, which is owned by William Reed Business Media Ltd

How Covid-19 has taught valuable lessons about pursuit of peak efficiency

As the former Morgan Stanley strategist Gerard Minack noted last year, our pre-pandemic world was primed to maximize financial returns on the assumption that nothing would go wrong

Bitcoin slide adds to signs of step back in retail trading mania

Bitcoin is about $9,000 below a record of $61,742 set earlier in March

Suez canal blockage: Snarl halts $9.6 billion a day worth of ship traffic

So far efforts by tugs and diggers to dislodge the Ever Given -- the 400-meter long vessel that became wedged in the canal on Tuesday -- have failed

Suez Canal blockage is a signal of what's ahead as ships get bigger

The 200,000-ton cargo ship currently lodged in the Suez Canal, bringing 13% of the world's trade to a halt, may be the biggest vessel to get stuck in a major waterway

India grabs new oil supply to cut Mideast reliance as Opec+ keeps a check

Indian purchases from the U.S. more than doubled in January on-month, government data show. The country's sophisticated refineries can process almost every kind of crude

Adani looks beyond coal: Biggest wealth surge heralds rise of next Ambani

The group's six listed units added a combined $79 billion to their market value in the past year at the height of a pandemic, capping the best 12 months in their history

Trading app Robinhood Markets says it filed confidentially for IPO

Robinhood became immensely popular during the coronavirus pandemic, particularly as homebound young people turned to online trading to pass the time and make money

Suez Canal stays blocked despite efforts to dislodge massive container ship

The incident has left dozens of vessels gridlocked as they attempted to transit between the Red Sea and Mediterranean

Adar Poonawalla rents London mansion for $69,000 a week, says report

The mansion is one of the largest residences in the neighborhood and measures about 25,000 square feet (2,322 square meters), the equivalent of about 24 average English homes

Millions of millennials are piling into India's stock market, shows data

Active investor accounts rose by a record 10.4 million in 2020, according to the data from the country's two main depositories

Prestige Estates to take over $1.4-billion project from bankrupt firm

The court-appointed insolvency resolution professional Jayesh Sanghrajka declined to comment when reached by phone

Oil rises after Suez Canal blockage, strong European data

Crude was bolstered by positive economic data as Europe posted a record increase in factory output

Govt likely to resume bankruptcy filings as halt set to end on March 25

Modi govt last year halted the process of initiating most fresh insolvency proceedings to insulate cash-strapped borrowers hit by the pandemic

Suez Canal snarled with giant ship stuck sideways in top trade artery

At 400 meters in length, the vessel that was built in Japan about three years ago is longer than the Eiffel Tower laid on its side

World's biggest automakers suspend operations as chip supplies dry up

"Production is really vulnerable right now," Bloomberg Intelligence auto-industry analyst Tatsuo Yoshida said. "Any kind of abnormal occurrence causes parts to run out"

Why Coronavirus may become our permanent enemy like the flu, but worse

Most epidemics disappear once populations achieve herd immunity and the pathogen has too few vulnerable bodies available as hosts for its self-propagation

No dearth of liquidity, but RBI sees little demand for govt bonds

Indian govt bonds are the "good stuff" and must sell. It's the only way tax-strapped authorities can raise money and spend it to shake the economy out of its Covid-19 stupor

Phasing out coal for power holds key to India's net-zero goal by 2050

Under pressure to commit to a net-zero target before climate change talks in Glasgow in November, the world's third-biggest emitter of greenhouse gases has been considering a 2050 deadline

Oil tumbles with bearish market structure showing weak demand concern

Futures in New York and London fell as much as 5 per cent, with the prompt spread on both flipping into contango