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Page 685 - Bloomberg

Trump govt sues FB for keeping jobs for H-1B visas, disfavouring US workers

The Trump administration claims Facebook is discriminating against US workers by designating thousands of positions for foreigners with temporary H-1B visas

Trump govt sues FB for keeping jobs for H-1B visas, disfavouring US workers
Updated On : 05 Dec 2020 | 12:42 AM IST

Xi declares end to extreme poverty in China, meeting party goal

After assuming leadership of the Communist Party eight years ago, Xi made the drive to eliminate extreme poverty by 2020 one of his top goals.

Xi declares end to extreme poverty in China, meeting party goal
Updated On : 05 Dec 2020 | 12:35 AM IST

US, Norwegian investors pressure SBI over loan to Adani mine in Australia

Officials from New York-based BlackRock Inc. and Norway's Storebrand ASA have contacted the State Bank of India, which is majority-owned by the Indian government, about the loan.

US, Norwegian investors pressure SBI over loan to Adani mine in Australia
Updated On : 04 Dec 2020 | 8:58 PM IST

Women take lead in Covid-19 vaccine development: Here's what it teaches us

The core work behind the mRNA approach comes from Katalin Karikó, a Hungarian-born emigre who came to the U.S. to work on RNA-related issues

Women take lead in Covid-19 vaccine development: Here's what it teaches us
Updated On : 04 Dec 2020 | 8:48 AM IST

Nifty stocks on uptrend but technicals point to a pause in the rally

Extended breadth is not the only signal that India's equity rebound may have run too far too fast

Nifty stocks on uptrend but technicals point to a pause in the rally
Updated On : 04 Dec 2020 | 8:28 AM IST

High-stakes coronavirus vaccine rollout under spotlight amid challenges

The UK has ordered enough doses of the two-shot Pfizer-BioNTech vaccine to immunise 20 million people

High-stakes coronavirus vaccine rollout under spotlight amid challenges
Updated On : 04 Dec 2020 | 1:56 AM IST

Stock bulls find validation in reflation signals across commodity markets

Progress toward vaccines and easing US political uncertainty helped lift an MSCI index of world stocks to its best month ever in November while driving down the dollar

Stock bulls find validation in reflation signals across commodity markets
Updated On : 04 Dec 2020 | 1:38 AM IST

Trump to sell Arctic oil rights in early Jan, days before Biden sworn in

Biden has vowed to permanently protect the refuge, but formal leases are contracts with the federal government and are difficult to cancel

Trump to sell Arctic oil rights in early Jan, days before Biden sworn in
Updated On : 04 Dec 2020 | 1:16 AM IST

Joe Biden's White House team delights his supporters on Wall Street

The Biden team is poised to include alumni of finance, venture capital, private equity and asset management

Joe Biden's White House team delights his supporters on Wall Street
Updated On : 04 Dec 2020 | 12:24 AM IST

Charged up tycoons: Elon Musk's $139 bn fortune is one of many in EV biz

Overall, fortunes of the handful of people tracked by the Bloomberg index in the EV industry have increased by more than $140 billion -- including Musk's $111 billion surge.

Charged up tycoons: Elon Musk's $139 bn fortune is one of many in EV biz
Updated On : 03 Dec 2020 | 8:34 PM IST

Joe Biden to name longtime aide Antony Blinken as Secretary of State

Jake Sullivan, formerly one of Hillary Clinton's closest aides, is likely to be named Biden's national security adviser

Joe Biden to name longtime aide Antony Blinken as Secretary of State
Updated On : 24 Nov 2020 | 12:45 AM IST

Will India's banking system go from being state-dominated to tycoon-led?

From the conditional nature of recommendation by RBI on ownership of private-sector banks, it doesn't appear that the regulator will soon reverse its policy of keeping conglomerates away from banking

Will India's banking system go from being state-dominated to tycoon-led?
Updated On : 23 Nov 2020 | 11:06 AM IST

More members of Trump's own party say it's time for him to accept defeat

"It's past time to start a transition, to at least cooperate with a transition. I'd rather have a president who has more than one day to prepare," Republican Senator Kevin Cramer said

More members of Trump's own party say it's time for him to accept defeat
Updated On : 23 Nov 2020 | 8:22 AM IST

Can Hydrogen fuel cell cars go mainstream? This tie-up in UK may help do it

Ratcliffe's Ineos Group will explore opportunities to produce and supply hydrogen to Hyundai, which has been making fuel cell vehicles in low volumes since 2013

Can Hydrogen fuel cell cars go mainstream? This tie-up in UK may help do it
Updated On : 23 Nov 2020 | 8:12 AM IST

Western Union acquires $200-million stake in Saudi telecom unit

Saudi Telecom will inject 400 million riyals ($107 million) as additional capital stc pay and a further 802 million riyals if it manages to obtain a digital banking license, according to a statement

Western Union acquires $200-million stake in Saudi telecom unit
Updated On : 23 Nov 2020 | 2:03 AM IST

Abu Dhabi plans to spend $122 bn in oil & natural gas over the next 5 years

The Gulf emirate's top body for energy policy, the Supreme Petroleum Council, approved the budget for Abu Dhabi National Oil, state-run news agency WAM reported on Sunday

Abu Dhabi plans to spend $122 bn in oil & natural gas over the next 5 years
Updated On : 23 Nov 2020 | 1:56 AM IST

China all set to eclipse US as world's biggest oil refiner by 2021: IEA

The Covid crisis has hastened a seismic shift in the global refining industry as demand for plastics and fuels grows in China and the rest of Asia

China all set to eclipse US as world's biggest oil refiner by 2021: IEA
Updated On : 23 Nov 2020 | 1:51 AM IST

Not ready yet to recognise Biden as US President, says Vladimir Putin

Relations between the 2 nations already ruined; nothing to be damaged, he said

Not ready yet to recognise Biden as US President, says Vladimir Putin
Updated On : 23 Nov 2020 | 1:43 AM IST

India to Brazil, Astra-Oxford vaccine is key to many nations' Covid plan

The Astra vaccine costs a fraction of the price set by Pfizer; it should be easier to deploy far and wide than other shots.

India to Brazil, Astra-Oxford vaccine is key to many nations' Covid plan
Updated On : 22 Nov 2020 | 12:27 PM IST

Regeneron, given to Trump, gets emergency US clearance for Covid-19 therapy

Trial findings released by Regeneron in October showed the drug may help treat patients outside the hospital.

Regeneron, given to Trump, gets emergency US clearance for Covid-19 therapy
Updated On : 22 Nov 2020 | 7:35 AM IST