Page 721 - Bloomberg

Covid impact: Super-rich step up big stock sales after global prices surge

Volatility has picked up in recent weeks, with stocks halting a rebound that added as much as $30 trillion in global market value since the turmoil

As Covid ravages India, NBFCs ride out the storm with help of stimulus

India's non-bank lending sector was hit by a crisis in 2018 when a large financier unexpectedly defaulted, and the nation now needs it to stay healthy

Delivering Covid vaccine a governance challenge, India should take lead

One critical challenge will be storage and transportation. Some of the vaccines that use the new messenger RNA technology will need to be stored at subzero temperatures

With China relationship on the rocks, Australia eyes India for trade

India has overtaken China as the largest source of net migration to Australia, and its diaspora is the third largest Down Under, just behind China and the UK

Billionaires worldwide are now lining up to take their companies private

Companies have already announced $26 billion of transactions to be taken private by a related party this year, up about 2,500% from the same period in 2019

US violated international trade rules with tariffs on China, says WTO

A panel of three WTO trade experts on Tuesday said the US broke international rules when it imposed tariffs on Chinese goods in 2018

EU tells Xi Jinping that China must show investment deal worthwhile

The European side said Beijing must follow up recent offers to pursue fairer economic policies with more concessions in order for an investment deal to be achieved by year-end

This upstart Chinese brokerage is now bigger than Credit Suisse

Shares in the online broker and market data provider have rocketed 78 per cent this year, giving it a market value of more than 200 billion yuan ($29 billion)

Covid-19 impact: At JPMorgan, productivity falls for WFH employees

Work output was particularly affected on Mondays and Fridays, according to findings discussed by CEO Jamie Dimon in a private meeting with analysts

Blackstone, Partners Group Holding in race to acquire Piramal Glass

Parent to seek $1 billion valuation from unit sale

RIL: Street's extreme reliance on single stock a cause for concern

A 164% surge in RIL accounted for 43% of the Sensex rally since March 23, making US equities look better

Govt plans law to ban cryptocurrency trading; Cabinet to discuss move

The federal government will encourage blockchain, the technology underlying cryptocurrencies, but is not keen on cryptocurrency trading

How US-China split can affect the shift towards sustainable energy

There is a compelling logic to link Covid-19 and its geopolitical makeover to a change in energy fortunes

Here's why Bill Gates doesn't trust US FDA and CDC even amidst a pandemic

Like the rest of US, Gates, who is 64, is now in the unfamiliar position of having to put his faith in the companies working on Covid-19 treatments and vaccines, not the agency that regulates them

Asian economy to shrink, first time since 1960s, thanks to Covid-19: ADB

In India, where lockdowns have stalled private spending, GDP will shrink by 9% this year, sharply down from June's forecast of -4%

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