Page 67 - Bloomberg

Bank of America revamps leadership ranks with eye on succession race

Bank of America named Dean Athanasia and Jim DeMare as co-presidents reporting to CEO Brian Moynihan, while Alastair Borthwick adds executive VP title to his CFO role

India plans $3.4 billion rail project near border with China for security

The logistics upgrade is expected to improve civilian access and reduce response times during emergencies, including natural disasters or military mobilizations

India finds out how hard it is to build a finance hub from scratch

GIFT City has attracted global banks with tax breaks and modern infrastructure, but the vibrant community its planners promised remains far from reality

World isn't transitioning away from fossil fuel; decades of robust use left

The IEA will publish its "Current Policy Scenario" this year, showing oil and gas demand won't peak this decade, overturning past assumptions, sources familiar with the draft report said

Japan's armed forces spot China's biggest aircraft carrier for first time

The ship was sailing about 200 kilometers (120 miles) northwest of a disputed cluster of islands called the Senkaku in Japan and Diaoyu in China

Why India should prioritise mature chips over costly cutting-edge dreams

As the government pulls together more money for the next stage of its semiconductor mission, it should be cautious

Paramount-Warner merger deal would face regulatory, financing hurdles

A merger of the two would shrink Hollywood's major legacy studios to four and unite some of the biggest names in news, movies and TV, inviting regulatory scrutiny

Tata Capital plans $2 billion IPO launch in early October after RBI nod

The financial services company, part of the Tata Group, could wrap up IPO roadshows this week and file a second draft red herring prospectus soon

Police launch search after conservative activist Charlie Kirk shot dead

Kirk, executive director of the Turning Point USA advocacy group, was speaking at an outdoor event before a crowd at Utah Valley University when a single shot was fired from a nearby building

Adani bid to end bribery case stalls amid volatile US-India relations

Progress Adani's representatives had been making with American officials has faltered in recent months as the US and India have clashed on several issues

China opposes 'media warfare' with US on new journalist-visa limits

The new rule, detailed in a Department of Homeland Security proposal, would limit visas for mainland Chinese journalists to 90 days

NYC transit system lost $1 bn in 2024 due to fare evasion: Report

The Metropolitan Transportation Authority, which runs city's subways, buses and commuter rail lines, has called the problem an existential crisis

Charlie Kirk energised conservative youth, paving way for Trump's rise

Kirk was shot dead in Utah, shocking the political world and beyond. He was one of the country's most prominent conservative figures and had flourished using a brash approach to politics

Gen-Z protesters across Asia challenge old guard, demand lasting reform

These demonstrations also highlight how collective youth action can force governments into retreat

Some US federal research funding to be restored after freeze, says Harvard

The notification followed a court victory for Harvard last week in which a federal judge ruled that the US illegally froze more than $2 billion in research dollars for the school

Deloitte US asks India employees to return to office two days a week

The new rule becomes effective starting Oct. 1 for employees at the firm's seven offices that help clients or provide back-office support across the South Asian country

Nasa Rover finds Mars rocks that may be signs of ancient microbial life

In a new paper published in Nature, researchers offer up different explanations for a group of Martian rocks that Perseverance uncovered and sampled in July 2024

GST rate cut boosts Coal India's efforts to cut costly fuel imports

The tax changes "will make Coal India more competitive and better prepared to substitute imports," said Rupesh Sankhe, senior vice president for research at Elara Capital India Pvt

Deutsche Lufthansa sees growth in leisure unit as airline struggles

While the post-Covid travel boom shows no sign of letting up, the core Lufthansa airline is still facing aircraft delays and labor strife that dented profits and margins last year

Centre plans support package for exporters hit by Trump's tariffs

The Ministry of Commerce and Industry has proposed measures to ease liquidity for exporters through collateral-free loans and subsidised interest rates