Page 707 - Bloomberg

60 years of OPEC: Is the cartel's power over the oil market broken?

The main reason OPEC was able to wrest this control in 1973 was that in 1970, crude oil production in Texas started to fall

Fertility, phones, reforms: A trader checklist for Japan's new PM, Suga

The speed at which ruling Liberal Democratic Party elders moved to throw their weight behind him was nonetheless surprising

Toyota Motors halts expansion plans in India, blames high tax regime

Toyota, one of the world's biggest carmakers, began operating in India in 1997. Its local unit is owned 89% by the Japanese company and has a small market share

Covid-19 pandemic: Air France's survival is 'guaranteed,' says govt

France will "do what is necessary to guarantee the survival of Air France," Le Maire said Monday on France 2 television. "We've already done a lot, and we will continue."

Euro gains blunted stimulus boost to inflation, says Christine Lagarde

Lagarde's cautious remarks on Thursday, when the central bank kept its stimulus settings on hold, failed to stop the currency's gain

Pakistan's economy shows momentum as coronavirus cases taper off

Evidence of momentum returning can be seen from growing cement-to-fuel sales and demand for home appliances to cars

Japan's Yoshihide Suga wins ruling party race to replace premier Shinzo Abe

The party, which has ruled mostly uninterrupted since 1955, was set to use its parliamentary majority to install Suga as prime minister in a separate vote Wednesday

BP says era of oil-demand growth over, may not return to pre-Covid levels

The UK giant is describing a different future, where oil's supremacy is challenged, and ultimately fades

Vedanta Resources leads India surge in dollar loans for local buyouts

Vedanta raised a $1.75 billion facility in August to finance a plan to take its Indian unit private, and is in talks with banks for a further $600 million

Carlyle, SoftBank put on waiting list for Reliance Retail stake: Report

Reliance Industries plans to sell about a 10% stake in Reliance Retail to financial investors and almost all the $5.7 billion worth of shares have been taken up

'Enchanting baritone': Amitabh Bachchan is the new voice of Amazon's Alexa

Alexa will sound exactly like Bachchan no matter what question he is answering without needing to record every word in his voice in the studio

Govt weighs dropping debt condition in plan to sell Air India: Report

Despite the losses, the airline has some lucrative assets which include prized slots at London's choked Heathrow airport, a fleet of more than 100 planes and thousands of trained pilots and crew

Apple to upgrade two of its vital hardware lines beyond iPhone on Sep 15

The release of a new iPad and Apple Watches will correspond with the rollout of iOS 14, iPadOS 14 and watchOS 7 software updates this month

China's billion tree forest program is environmental lesson for the world

Three-North Shelter Forest Program aimed to grow 35 million hectares (87 million acres) of new trees-a forest the size of Germany-across the country's north by 2050

After two decades of political rot, Zimbabwe is coming apart at the seams

Western governments that berated long-time ruler Robert Mugabe for violating civil rights are leveling similar criticism against his successor

iPhone makers among biggest winners in India's $6.6 bn manufacturing plan

At a cabinet meeting on Wednesday, the Indian government is expected to approve a plan aimed at bringing $150 billion in mobile-phone production over the next five years

Vedanta Resources leads India surge in dollar loans to fund local buyouts

Vedanta, the London-based commodity conglomerate controlled by billionaire Anil Agarwal, raised a $1.75 billion facility in August to finance a plan to take its Indian unit private

Thai Airways staring at landmark court ruling on debt rescue plan

The Central Bankruptcy Court will decide whether the airline can proceed with its plan to rehabilitate its debt

UK justice secretary Robert Buckland warns he may quit over Brexit plan

Buckland said he expects the UK will resolve its differences with the EU in discussions in the coming weeks

Here's why Sweden's record-breaking cashlessness may not be good news

If there's no cash at all to fall back on, what happens if digital networks fail? And what about cyberattacks? Such events can do a lot more damage than old-fashioned bank robberies