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EM investors' hopes of market rally extending to 2021 ride on Covid vaccine

A Bloomberg survey of 63 investors, strategists and traders found the efficacy of coronavirus vaccines is likely to be the biggest market driver for next year

Abundance, price, weight: Here's why water won't make it as major commodity

The reason ultimately comes down to abundance, price and weight. The commodities that are most important to financial markets have several common characteristics

In years not decades: Hyperloop signs new deal amid competition with Virgin

Hyperloop TT on Tuesday unveiled a deal to integrate signaling gear from its new shareholder Hitachi Rail

India's export revival may be under threat. Blame it on container shortage

Global trade is being roiled by a shortage of containers because dire predictions of a collapse this year that prompted carriers to cancel sailings have proved too pessimistic

Oxford-AstraZeneca vaccine effective, further scrutiny needed among elderly

The Pfizer-BioNTech shot, approved in Britain last week, could be cleared in the U.S. as soon as this week and the European Union by the end of the year as governments race to overcome contagion

Uber sells self-driving unit to Aurora for $10 billion; gets 2 board seats

The price tag is a comedown for Uber, whose self-driving division, Advanced Technologies Group, raised money last year at a $7.25 billion valuation

Adani Green sees a 565% stock rally: A $23 bn firm with no analyst coverage

With a free float of about 21%, Adani Green is one of the most illiquid stocks in the Nifty 100 gauge, data showed

'India is a great example': Gates on UPI, country's digital finance model

Bill Gates is also optimistic about how quickly vaccines were being developed globally to address the Covid-19 pandemic.

Tata, Mistry spar over a $13 billion valuation difference

The valuation disagreement marks the latest chapter in a four-year-old wrangle that started with a boardroom coup in 2016 at Tata Sons.

India rally could continue next year with banks taking over as RIL peaks

Reliance has accounted for nearly a fifth of the 75 per cent surge in the S&P BSE Sensex from its March bottom

Cheaper tech, savings at pump: Hybrid cars selling fast than fully EVs

While hybrids, which blend the power of a gasoline engine with electric motors and batteries, are now more than two decades old - the first Prius debuted in Japan in 1997

To enhance immunity, UK to combine Pfizer, Astra shots in vaccine trials

The UK is set to begin administering doses from Pfizer and German partner BioNTech SE on Tuesday, making it the first Western country to receive a vaccine

Super-rich are buying luxury products online like never before

It's not just the number of online auctions that have risen. Buyers' price threshold has shot far beyond anyone's expectations

US poised to sanction more China officials for Hong Kong crackdown

At least a dozen officials to be targeted

Vaccine day in Britain; Americans await regulator's nod for vaccine

Vaccine by Pfizer and BioNTech could be in use in the US by Friday if the FDA approves emergency use

A $69 mn India quant fund returns over 19%, trounces BSE in pandemic year

The DSP fund's strong showing comes in a year that has seen unpredictable market reversals whipsaw quant investors globally, with profound changes wrought by the pandemic

Amid standoff, India accuses China of helping rebels on Myanmar border

Armed groups in Myanmar -- including the United Wa State Army and the Arakan Army, which was designated a terrorist organization this year -- are acting as Beijing's proxies

Friends of the US ought to help Joe Biden succeed: Bloomberg editors

US partners should coordinate new efforts to strengthen their joint military capabilities, much as Japan has been doing with Australia, India and key Southeast Asian nations

Zuckerberg should know a Facebook without hate makes business sense

Facebook already has the necessary tools to stop accentuating partisanship and to cut down on misinformation.

SBI to boost retail loan book, sees earnings improving

SBI's bad loan ratio fell to 5.28 per cent at the end of September from 5.44 per cent three months earlier