Page 662 - Bloomberg

Apple hit with European Union complaint as App Store fee battle escalates

The European Commission sent a so-called statement of objections to Apple on Friday, laying out how it thinks Apple abused its power as the "gatekeeper" for music-streaming apps on its App Store

Tata Power considering a $473-million IPO for its renewable energy unit

The power company is said to have abandoned earlier plans to seek a partner to invest in its green assets via an investment trust

Credit Suisse board member Gottschling to exit after Archegos debacle

Credit Suisse emerged as the big loser in global investment banks' race to exit trading positions as Archegos collapsed

300 scientists ask Modi to give access to data for charting Covid-19 spread

The request for wider dissemination of the coronavirus-related data gains urgency because India is gripped by a ferocious second wave that risks creating new mutant strains

Lockdowns worsen India's fiscal woes fueled by weak auctions

Localized lockdowns may result in a slowdown which may be met by fiscal expansion

Everyone is battling coronavirus in India, except the state

Pandemic is a reminder of why even a dynamic private sector needs a state that can support its efforts.

Global chip drought hits Apple, Samsung, BMW, Ford as crisis worsens

Caterpillar Inc. later flagged it may be unable to meet demand for machinery used by the construction and mining industries

Verizon Communications is weighing a sale of Yahoo!, AOL unit

The company is talking to Apollo Global Management Inc. about a deal

Jerome Powell waves inflation worries away as Fed holds rates near zero

Powell was dismissive of anecdotes of labor shortages, explaining it mostly as an allocation problem

Sorry, Saudi Aramco, Reliance Industries just isn't that into you

Reliance Industries Ltd, owner of the world's biggest oil refinery, has been dancing the quadrille with Saudi Aramco for nearly two years

Coronavirus sends Modi govt from 'vocal for local' to relying on global aid

Despite being home to the world's largest vaccine industry, India's inoculation drive has suffered in recent weeks amid a shortage of key ingredients

India's oil refiners eye more exports as Covid-19 outbreak hits demand

Indian Oil, Bharat Petroleum weighing the option of raising oil-product exports against cutting run rates.

Scandal at Downing Street: How bad can it get for Boris Johnson?

Latest controversy centers on who paid for the refit of the British leader's apartment.

US tells citizens to leave India as Covid-19 overwhelms hospitals

Department of State issues its highest travel advisory, asks citizens not to travel to India.

Covid-19 risk greater if passengers board plane from back to front

So-called back-to-front boarding is also twice as risky as letting passengers on at random, even though it does reduce exposure between seated passengers and those walking down the plane

Saudis in Talks to Sell Aramco Stake to Global Energy Firm

The kingdom is looking at the potential sale -- which could be worth about $19 billion, based on the company's market value -- as a way to lock in customer demand for the country's crude

Rally in commodities still has plenty of room to run: Goldman and UBS

Raw materials are likely to surge 13.5 per cent in the next six months

Chip shortages make manufacturers prioritise how to allocate resources

Manufacturers are warning that production will continue to be affected because of the deepening chip crisis.

Biden to announce $1.8-trn plan to expand US social safety net: What is it

The 10-year plan is aimed at ramping up federal support for American families, with a major expansion in spending on child care, paid leave and education.

Covid-led record defaults cloud India's resilient equities, bonds

Firms have defaulted on at least Rs 5,700 cr of domestic bonds this year, while Sensex hit 3-week high amid optimism on US vaccine support