Page 686 - Bloomberg

Crypto industry has 'wind in its sails', 8 companies eye public offerings

Bitcoin has come off its highs after it crossed $40,000 this month, but is still up about 16% this year.

Pakistan close to approving Russia's Sputnik vaccine as Covid cases rise

The country has already ordered 1.2 million doses from Chinese state-backed vaccine developer Sinopharm.

Ambani's Reliance Jio doubles down on 5G service pledge after record profit

The group's wireless operator, Reliance Jio Infocomm Ltd. -- India's largest -- has started advance tests to prepare the fifth-generation, high-speed network

Elon Musk targets telecom for next disruption with Starlink internet

Rendel became a Starlink tester in November after struggling for years with sluggish internet speeds at his 160-acre farm overlooking Lake Superior in Michigan's Upper Peninsula

US President Biden warns US Covid-19 deaths will top 500,000 next month

While consequential for those affected, the measures offer a shadow of the relief included in Biden's $1.9 trillion Covid-19 aid plan

Bitcoin's volatile week rattles faith in cryptocurrency resurgence

Digital coin set for one of its worst weeks since March 2020

Apple plans thinner Macbook Air with magnetic charger in Mac lineup reboot

The upcoming MacBook Pro is an example of Apple's renewed focus on Mac loyalists

Elon Musk says he will give $100 million for carbon capture prize

Musk, 49, is a philanthropy neophyte compared with those he just leapfrogged on the Bloomberg ranking of the world's 500 wealthiest people

Saudi Aramco understated carbon footprint by up to 50%, says report

The world's biggest oil company has been excluding most refineries and chemical plants from its carbon disclosures

Joe Biden playbook grips markets: Green up, defence and prisons down

South Korea's OCI Co, a solar equipment maker, rose as much as 9 per cent on and Japan's West Holdings gained 4.5 per cent

Govt expects global oil majors will join race for $6.5-bn BPCL sale

India seeks to boost spending to help Asia's third-biggest economy shake-off the pandemic-fueled downturn

Turnaround hopes for rupee fade over RBI's stance on forex reserves

The rupee is under pressure to rise on heavy foreign inflows

China plans on curbing monopoly in online payments may hit Ant, Tencent

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group Co. and its biggest rival Tencent Holdings

Indonesia to cut foreign ownership curbs to add jobs, lure funds

The list of industries limited to foreign investment has been cut to just 48, from more than 300, according to a draft of the presidential decree.

China plans online payment rules that may hit Ant Group, Tencent

The rules present the strongest and most detailed message yet of regulators' plans to curb monopolistic practices in the online payments industry

Jack Ma ends silence, prompts $58-billion sigh of relief by investors

Much about the future of China's most famous businessman remains unclear

On Day 1, Biden to undo Trump's Muslim travel ban, Mexico border wall

The new president's mask mandate will require face coverings and physical distancing for everyone in federal buildings and on federal lands

End of Netflix's cash bonfires in sight as it nears turning profitable

Netflix stunned investors Tuesday by announcing that it's "very close" to becoming a true cash-flow-generating company and that it no longer needs to borrow to finance its day-to-day operations

UK, Belgium among nations seeking cheaper India-made coronavirus vaccines

Serum, the world's largest producer of vaccines by volume, can ship out the Astra vaccine priced between $5-10 per dose

Pfizer-BioNTech shot may neutralise mutating coronavirus, study shows

The new research tested all 10 mutations located on the virus's spike protein, which helps it bind to cells in the host