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Bloomberg

Page 703 - Bloomberg

Global stock markets retreat after Donald Trump tests Covid-positive

While Trump was said to be experiencing only mild symptoms, his diagnosis adds to gloomy developments around the virus as big cities once again turn into hotspots.

Global stock markets retreat after Donald Trump tests Covid-positive
Updated On : 03 Oct 2020 | 1:20 AM IST

Amazon's 20,000 US workers test positive for Covid-19 in 6 months

Amazon divulged the information to highlight how its investments in testing, cleaning and other protective measures are working, yet the disclosure was met with renewed concerns about worker safety

Amazon's 20,000 US workers test positive for Covid-19 in 6 months
Updated On : 03 Oct 2020 | 12:35 AM IST

European Union leaders break deadlock to impose sanctions on Belarus

The EU follows the U.K. and Canada in taking action against the regime, saying that the Aug. 9 election that saw Lukashenko reelected was neither free nor fair

European Union leaders break deadlock to impose sanctions on Belarus
Updated On : 03 Oct 2020 | 12:30 AM IST

Slow recovery: US jobs rise less than forecast in September amid Covid-19

Nonfarm payrolls increased by 661,000 following an upwardly revised 1.49 million advance in August, according to data Friday from the Labor Department

Slow recovery: US jobs rise less than forecast in September amid Covid-19
Updated On : 03 Oct 2020 | 12:26 AM IST

Trump's Covid-19 infection may provide opportunity for hedge funds in yen

Leveraged funds are likely to buy the Japanese currency as the diagnosis triggers a surge in haven bids, reversing the small bearish position they held last week

Trump's Covid-19 infection may provide opportunity for hedge funds in yen
Updated On : 03 Oct 2020 | 12:19 AM IST

5G arrival tees up patent fights in a market set to grow 12,000%

Automakers are now in court fighting some of the same companies that phonemakers such as Apple had to pay billions of dollars for use of their wireless standards technology

5G arrival tees up patent fights in a market set to grow 12,000%
Updated On : 03 Oct 2020 | 12:08 AM IST

Whale resurfaces as Facebook, Amazon see big bets in options market

Amazon.com, Facebook and Netflix were among companies that saw block trades of call contracts Thursday, representing speculation on movements in their shares through the first months of next year

Whale resurfaces as Facebook, Amazon see big bets in options market
Updated On : 03 Oct 2020 | 12:04 AM IST

How a piece of hardware took down Japan's $6-trillion stock market

A data device critical to the Tokyo Stock Exchange's trading system had malfunctioned, and the automatic backup had failed to kick in

How a piece of hardware took down Japan's $6-trillion stock market
Updated On : 02 Oct 2020 | 11:56 PM IST

How Trump's Covid diagnosis could alter the crucial lead up to polls

Trump's illness prompted the White House to cancel political events on Friday, including a rally planned outside Orlando, Florida

How Trump's Covid diagnosis could alter the crucial lead up to polls
Updated On : 02 Oct 2020 | 8:37 PM IST

How Russia shortened the Covid-19 vaccine race to declare victory

For years, Putin has pushed to rebuild Russia's prowess in long-neglected life sciences

How Russia shortened the Covid-19 vaccine race to declare victory
Updated On : 02 Oct 2020 | 5:18 PM IST

Donald Trump's age and weight make Covid-19 particularly dangerous

Trump's age, weight and gender all make him more susceptible to complications than his wife, who's 24 years younger

Donald Trump's age and weight make Covid-19 particularly dangerous
Updated On : 02 Oct 2020 | 5:13 PM IST

Badly planned, poorly communicated: Agri, labour reforms were too rushed

Prime Minister Modi is unwisely ignoring the central difficulty of reform in India: While you can't wait for everyone to agree before you make changes, you can't impose them with zero agreement

Badly planned, poorly communicated: Agri, labour reforms were too rushed
Updated On : 02 Oct 2020 | 9:10 AM IST

Star power: Small IPOs use brand names to sell shares in Europe

Beckham-backed Guild Esports said on Tuesday it raised £20 million ($25.6 million) in a London listing, buoyed by the rising popularity of online games.

Star power: Small IPOs use brand names to sell shares in Europe
Updated On : 02 Oct 2020 | 1:03 AM IST

Unlock 5.0, hopes of US Covid stimulus lift Sensex, Nifty over 1.5%

Sensex, Nifty post weekly gains of 3.5 per cent

Unlock 5.0, hopes of US Covid stimulus lift Sensex, Nifty over 1.5%
Updated On : 02 Oct 2020 | 12:53 AM IST

Palantir Technologies slips 5% on first day after long-awaited listing

Palantir ended the day with a market capitalization of about $15.7 billion based on its listed shares

Palantir Technologies slips 5% on first day after long-awaited listing
Updated On : 01 Oct 2020 | 11:28 PM IST

H&M's new CEO Helmersson gets tough with plan to eliminate 5% of stores

Job cuts are looming throughout the retail industry as chains find it's easier to sell online than in person.

H&M's new CEO Helmersson gets tough with plan to eliminate 5% of stores
Updated On : 01 Oct 2020 | 11:23 PM IST

Burj Khalifa builder Arabtec to close down, file for liquidation

Construction firms that sprang up more than a decade ago as a building bonanza swept Dubai and much of the Gulf are facing a reckoning as governments pull back on spending

Burj Khalifa builder Arabtec to close down, file for liquidation
Updated On : 01 Oct 2020 | 11:17 PM IST

Rolls-Royce to raise $2.6 billion debt to fund Covid-19 pandemic relief

Rolls Royce is seeking to shore up capital amid the brutal impact of the Covid-19 pandemic on the aerospace industry.

Rolls-Royce to raise $2.6 billion debt to fund Covid-19 pandemic relief
Updated On : 01 Oct 2020 | 11:11 PM IST

American, United Airlines to lay off 32,000 as US aid talks drag on

The job cuts ramp up the pressure on Mnuchin and House Speaker Nancy Pelosi as they haggle over an economic relief plan, with Democrats calling for $2.2 trillion

American, United Airlines to lay off 32,000 as US aid talks drag on
Updated On : 01 Oct 2020 | 10:43 PM IST

Brexit prompts nearly 7,500 city jobs, $1.6 trillion to leave UK

From next year, firms in Europe's financial capital will lose their passport to offer services across the EU

Brexit prompts nearly 7,500 city jobs, $1.6 trillion to leave UK
Updated On : 01 Oct 2020 | 10:38 PM IST