Page 743 - Bloomberg

Tim Cook hits billionaire status as Apple's market value nears $2 trn

Apple's share price rose almost 5% last week, leaving the company Jobs co-founded 44 years ago in his parents' California home on the cusp of stock-market milestone: a market value of nearly $2 trn

Why even herd immunity may not prove to be the best bet against Covid-19

Herd immunity, as a general concept, could mean a more dangerous virus for some areas and population subgroups

'Experiment on me first': Duterte accepts Russia's Covid-19 vaccine offer

Philippine president says Manila can assist Moscow in clinical trials and local production of the vaccine.

Fuelling jugaad: Indian farmers' hacks threaten demand for diesel

Farmers' exasperation was driven by diesel prices bloated by a fivefold jump in central government taxes over the last five years.

Unplanned lockdowns slow economic recovery as unemployment rises

Economy already headed for its worst slump in more than four decades, with the International Monetary Fund estimating the nation's GDP will shrink 4.5% this year.

Global market capitalisation exceeds world GDP, evoking 'bubble' concern

Total stock market capitalisation reached $87.83 trillion on Sunday

Tencent Holdings shares lose $66 billion in 2-day rout on WeChat ban

The stock fell 4.8 per cent Monday and nearly reached Friday's low

China's counter-sanctions avoid top Trump aides; Ted Cruz, Rubio targeted

The US said Friday that it was placing sanctions on 11 Chinese officials and their allies in Hong Kong, including Chief Executive Carrie Lam, over their roles in curtailing political freedoms

Belarus police crush protests as ruler claims landslide win in polls

About 3,000 people were held by law enforcement including 1,000 in the capital, Minsk, the Interior Ministry said Monday

Media tycoon Jimmy Lai arrested in Hong Kong, led away in handcuffs

Apple Daily, which is under Lai's media network Next Digital Ltd. and the biggest pro-democracy paper in Hong Kong, reported that nearly 200 officers were entering its offices

Covid-19: Truth is the first casualty of India's pandemic finance

Shadow banks will be the biggest losers. They will restructure their borrowers' loans but their own liabilities to banks won't get the same treatment

Aramco still working on deal to buy $15 bn stake in Reliance Industries

Reliance's shares fell in mid-July after Chairman Mukesh Ambani said a transaction had been delayed "due to unforeseen circumstances in the energy market and the Covid-19 situation."

Covid-19 pandemic speeds up JSW Steel's US business revamp plan

JSW Steel outlined plans two years ago to invest $1 billion in the US to expand its global footprint

Mail trail shows how Big Tech is pulling tricks from monopolists' handbook

Even though antitrust law might need to be amended to clarify what is -and isn't - acceptable practices by big tech, these documents show that there is enough evidence to file antitrust lawsuits

Reserve Bank's silence on record India bond sales leaves traders baffled

The yield on the India's benchmark 10-year bond has stayed around 5.80 per cent since mid-May after falling by more than 70 basis points this year

Lost generation: Covid-19 pushes millions of kids out of school, into work

Children may be seen as a stop-gap measure to fill jobs left vacant by migrant labourers who fled cities for their rural homes during the lockdown

Two Lebanese ministers quit as global powers gather to discuss aid

Global leaders including US President Donald Trump are participating in Sunday's conference, which is co-hosted by French President Emmanuel Macron and the United Nations

Hong Kong's privacy chief accuses US of 'Doxxing' sanctioned officials

The Trump administration has escalated pressure on several fronts against China's growing role on the world stage, which has become a key campaign issue in the upcoming US election

UK govt steps up efforts to stop wave of migrants crossing channel

Almost 4,000 people have crossed the channel so far this year in more than 300 small boats, with a one-day record of at least 235 arrivals on August 6

Covid-19 crisis: Donald Trump bypasses Congress to halt payroll tax

"Because the Trump plan taps a limited pool of existing funds to extend unemployment benefits at $400 per week, there is a high risk they run short ahead of the election," Husby said