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Bloomberg

Bloomberg

Page 664 - Bloomberg

Texans will pay for decades as crisis tacks billions onto electricity bills

The price tag so far: $50.6 billion, the cost of electricity sold from early Monday, when the blackouts began, to Friday morning

Texans will pay for decades as crisis tacks billions onto electricity bills
Updated On : 23 Feb 2021 | 8:32 AM IST

Trump's tax returns, long guarded, will soon be in prosecutor's hands

Trump's refusal to release his taxes during the 2016 campaign marked a break with every presidential candidate of the last four decades

Trump's tax returns, long guarded, will soon be in prosecutor's hands
Updated On : 23 Feb 2021 | 8:18 AM IST

Bill Gates wants to team up more with Bezos to combat climate crisis

In his book, Gates uses the concept of a "Green Premium," the difference in price between a traditional, carbon-emitting technology like a gas-powered car and its green alternative, an electric car

Bill Gates wants to team up more with Bezos to combat climate crisis
Updated On : 23 Feb 2021 | 8:07 AM IST

China back as India's top trade partner, despite govt's 'atmanirbhar' push

Total imports from China at $58.7 billion were more than India's combined purchases from the US and the UAE

China back as India's top trade partner, despite govt's 'atmanirbhar' push
Updated On : 23 Feb 2021 | 7:58 AM IST

From best to worst: A 2020 winner in stock market is now the biggest loser

Health care is Asia's worst-performing sector this year

From best to worst: A 2020 winner in stock market is now the biggest loser
Updated On : 23 Feb 2021 | 2:31 AM IST

Bitcoin declines after Tesla CEO Elon Musk hints that prices are excessive

Bitcoin plunged as much as 17 per cent and briefly back below $50,000 in New York

Bitcoin declines after Tesla CEO Elon Musk hints that prices are excessive
Updated On : 23 Feb 2021 | 2:10 AM IST

Janet Yellen favors higher company tax, signals capital gains worth a look

The Fed already conducts tests to address vulnerability to economic or market downturns, and uses the results as a basis for financial institutions' capital requirements

Janet Yellen favors higher company tax, signals capital gains worth a look
Updated On : 23 Feb 2021 | 2:05 AM IST

Boeing tells airlines to ground 777 aircraft after engine failure

Two fan blades were fractured on the United flight, the National Transportation Safety Board said

Boeing tells airlines to ground 777 aircraft after engine failure
Updated On : 23 Feb 2021 | 1:55 AM IST

Want new factory to make car chips? That'll be $4 billion, please

It takes approximately $4 billion to set up a fab for the types of chips carmakers need

Want new factory to make car chips? That'll be $4 billion, please
Updated On : 22 Feb 2021 | 9:41 PM IST

Base metals edge higher; Copper surges above $9,000 on shortfall concerns

Copper climbed as much as 4 per cent on Monday and is heading for an unprecedented eleventh monthly rise in February

Base metals edge higher; Copper surges above $9,000 on shortfall concerns
Updated On : 22 Feb 2021 | 2:28 PM IST

India's visa curbs for Chinese workers hurting Taiwan tech giants

India has been slow to issue visas to Chinese engineers, who are needed to help Taiwanese companies set up factories in the South Asian nation

India's visa curbs for Chinese workers hurting Taiwan tech giants
Updated On : 19 Feb 2021 | 9:45 PM IST

$3.5-bn govt fund for finishing stalled housing projects begins to pay off

The 'Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects' (SWAMIH) fund was announced in November 2019

$3.5-bn govt fund for finishing stalled housing projects begins to pay off
Updated On : 19 Feb 2021 | 11:45 AM IST

After losing to WhatsApp, Kavin Mittal's Hike aims to rival Facebook

Despite becoming a hit early on thanks to quirky stickers and a privacy feature that let teenagers hide chats from parents, Hike's messenger app overtime failed to challenge the popularity of WhatsApp

After losing to WhatsApp, Kavin Mittal's Hike aims to rival Facebook
Updated On : 19 Feb 2021 | 12:31 AM IST

Elon Musk should come clean; Tesla's carbon emissions are rising

A company that thrives on the power of the sun shouldn't hide the footprint of its own operations in shadow

Elon Musk should come clean; Tesla's carbon emissions are rising
Updated On : 18 Feb 2021 | 10:09 PM IST

How an Arctic blast in Texas is fast becoming a global oil market crisis

More than 4 million barrels a day of output -- almost 40 per cent of the nation's crude production -- is now offline

How an Arctic blast in Texas is fast becoming a global oil market crisis
Updated On : 18 Feb 2021 | 4:56 PM IST

Air France-KLM expects bailout in weeks as cash burn mounts in Covid

Talks are ongoing between the carrier's biggest shareholders, the French and Dutch governments, and the European Commission about a rescue package

Air France-KLM expects bailout in weeks as cash burn mounts in Covid
Updated On : 18 Feb 2021 | 4:48 PM IST

Facebook blocks news in Australia in warning for the world

The social media platform's 17 million users in Australia are now unable to share any news

Facebook blocks news in Australia in warning for the world
Updated On : 18 Feb 2021 | 4:02 PM IST

Move in or lose out: Saudi Arabia's ultimatum unsettles foreign firms

The millions of dollars in costs, sudden policy changes and arbitrary legal rulings mean companies will need to weigh the risks of moving there

Move in or lose out: Saudi Arabia's ultimatum unsettles foreign firms
Updated On : 18 Feb 2021 | 2:49 PM IST

World's $281 trillion debt pile set to rise again in 2021, says IIF

In emerging markets, South Africa and India had the biggest increases in government debt ratios last year

World's $281 trillion debt pile set to rise again in 2021, says IIF
Updated On : 18 Feb 2021 | 10:11 AM IST

Warren Buffett's Berkshire Hathaway reveals three new secret buys

The company cut its Apple stake, still holds $120 bn

Warren Buffett's Berkshire Hathaway reveals three new secret buys
Updated On : 18 Feb 2021 | 2:02 AM IST