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Bloomberg

Bloomberg

Page 742 - Bloomberg

Gold may fall from current high, but a drop below $1,700 unlikely

For all its fake advantages, the metal has one genuinely useful property - its unrivalled ability to move in the opposite direction to equities and bond yields

Gold may fall from current high, but a drop below $1,700 unlikely
Updated On : 13 Aug 2020 | 1:50 AM IST

Highest-rated banking stock ICICI's performance hasn't been stellar

Lockdowns and low interest rates have taken a toll on global financial stocks

Highest-rated banking stock ICICI's performance hasn't been stellar
Updated On : 13 Aug 2020 | 1:26 AM IST

Liberty Global to acquire Switzerland's Sunrise in $5.4 billion deal

The cable giant offered 110 Swiss francs per share, and Sunrise's largest shareholder, Freenet AG, has also agreed to sell its 24 per cent stake

Liberty Global to acquire Switzerland's Sunrise in $5.4 billion deal
Updated On : 13 Aug 2020 | 1:25 AM IST

China to widen agenda, bring up WeChat, TikTok in next US trade talks

A virtual meeting will likely take place as soon as this week though a date hasn't been finalized, according to people familiar with preparations for the talks who asked not to be named

China to widen agenda, bring up WeChat, TikTok in next US trade talks
Updated On : 13 Aug 2020 | 1:18 AM IST

Instagram faces lawsuit over illegal harvesting of biometric data

In the new lawsuit, filed Monday in state court in Redwood City, California, the company is accused of collecting, storing and profiting from the biometrics of more than 100 million Instagram users

Instagram faces lawsuit over illegal harvesting of biometric data
Updated On : 13 Aug 2020 | 1:04 AM IST

Sumner Redstone, who made Viacom a global empire, passes away at 97

Redstone, as executive chairman of both Viacom and CBS, had controlled the two companies through privately held National Amusements

Sumner Redstone, who made Viacom a global empire, passes away at 97
Updated On : 13 Aug 2020 | 12:58 AM IST

Tesla splitting stock to make richly-valued shares attainable again

Each stockholder of record on August 21 will receive a dividend of four additional shares of common stock for each one they own

Tesla splitting stock to make richly-valued shares attainable again
Updated On : 13 Aug 2020 | 12:50 AM IST

Tea industry struggles amid rains, lockdown, and buyers turning to Kenya

Heavy rains and the absence of tea pickers because of lockdowns have hammered production and sent local prices spiraling to records

Tea industry struggles amid rains, lockdown, and buyers turning to Kenya
Updated On : 12 Aug 2020 | 11:57 PM IST

China's days as world's factory are over, thanks to trade war: Foxconn boss

The proportion outside the country is now at 30 per cent, up from 25 per cent last June

China's days as world's factory are over, thanks to trade war: Foxconn boss
Updated On : 12 Aug 2020 | 10:24 PM IST

Markets fixated about inflation but it is the wrong bogeyman to worry about

Voices crying about inflation and currency debasement should be treated with caution.

Markets fixated about inflation but it is the wrong bogeyman to worry about
Updated On : 12 Aug 2020 | 11:58 AM IST

No more a tech firm: Softbank gives up pretending it isn't a hegde fund

Masayoshi Son used to run a tech company but he has not 'operated' anything for a while.

No more a tech firm: Softbank gives up pretending it isn't a hegde fund
Updated On : 12 Aug 2020 | 11:32 AM IST

Always in the lead: Why Kamala Harris is Biden's best bet as VP pick

Take a moment to appreciate the fact that a woman with Black and Indian heritage can be considered a safe pick to be the US Vice President.

Always in the lead: Why Kamala Harris is Biden's best bet as VP pick
Updated On : 12 Aug 2020 | 9:26 AM IST

India's troubled shadow lenders show signs of revival on stimulus

The sound health of shadow banks is vital because they form the backbone of the Indian economy in lending to a wide range of borrowers from small merchants to business giants

India's troubled shadow lenders show signs of revival on stimulus
Updated On : 12 Aug 2020 | 7:29 AM IST

Apple to Amazon line up in battle against Trump's immigrant visa ban

The group asked a court Monday to be allowed to add the industry's voice to a lawsuit opposing the ban, saying it's causing irreparable harm on businesses and the nation's economy

Apple to Amazon line up in battle against Trump's immigrant visa ban
Updated On : 12 Aug 2020 | 1:40 AM IST

Covid-19 pandemic worsens the US gender pay gap, with women losing out

In a regular recession, the pay gap between men and women shrinks by two percentage points as men tend to get hit harder by job losses

Covid-19 pandemic worsens the US gender pay gap, with women losing out
Updated On : 12 Aug 2020 | 1:32 AM IST

In support of Jimmy Lai: Hong Kong protestors drive 1,100% stock gain

Now Hong Kong's pro-democracy supporters are wielding a new protest weapon: their stock-market trading accounts.

In support of Jimmy Lai: Hong Kong protestors drive 1,100% stock gain
Updated On : 12 Aug 2020 | 1:28 AM IST

Russia registers first Covid vaccine, hopes to begin mass inoculation soon

"The first registration has taken place," Putin said Tuesday at a televised government meeting, adding that one of his daughters has already been given the vaccine

Russia registers first Covid vaccine, hopes to begin mass inoculation soon
Updated On : 12 Aug 2020 | 1:22 AM IST

Donald Trump says he is 'seriously' considering a capital gains tax cut

The president can't unilaterally cut the 20 per cent long-term capital gains rate without Congress, but some advisers tell him he could issue an executive order

Donald Trump says he is 'seriously' considering a capital gains tax cut
Updated On : 12 Aug 2020 | 1:21 AM IST

American Express in advanced talks to buy SoftBank-backed Kabbage

American Express Co.'s small-business aspirations just took another step forward

American Express in advanced talks to buy SoftBank-backed Kabbage
Updated On : 12 Aug 2020 | 1:11 AM IST

SoftBank returns to black as Vision Fund recovers from Covid-19 pandemic

Recovery largely due to rising valuations of bets like Uber and Slack

SoftBank returns to black as Vision Fund recovers from Covid-19 pandemic
Updated On : 12 Aug 2020 | 1:06 AM IST