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Bloomberg

Bloomberg

Page 749 - Bloomberg

China's exports up 3.5% in April despite coronavirus hitting demand

Economists had forecast that exports would shrink by 11% while imports would contract by 10%.

China's exports up 3.5% in April despite coronavirus hitting demand
Updated On : 08 May 2020 | 1:00 AM IST

Covid-19 impact: India looks to lure more than 1,000 US firms out of China

In talks with Medtronic and Abbott on relocating units

Covid-19 impact: India looks to lure more than 1,000 US firms out of China
Updated On : 08 May 2020 | 12:57 AM IST

Covid-19 lockdown isn't flattening India curve as in Italy or Spain

India reported 1,909 new coronavirus cases on Tuesday

Covid-19 lockdown isn't flattening India curve as in Italy or Spain
Updated On : 01 May 2020 | 2:34 AM IST

SoftBank Group sees wider loss of $8.4 billion on WeWork write-down

The Japanese company made the announcement in a statement Thursday, citing more than 1 trillion yen of non-operating losses from investments held outside of its $100 billion Vision Fund.

SoftBank Group sees wider loss of $8.4 billion on WeWork write-down
Updated On : 01 May 2020 | 12:51 AM IST

GlaxoSmithKline plans sale of $3.7-billion stake in Hindustan Unilever

The firm may offload part or all of its 5.7% holding in HUL through a series of block trades

GlaxoSmithKline plans sale of $3.7-billion stake in Hindustan Unilever
Updated On : 30 Apr 2020 | 2:05 AM IST

Gilead Sciences reports positive data in remdesivir trial for Covid-19

The company issued a news release early Wednesday commenting on the study from the US National Institute of Allergy and Infectious Diseases without providing details of the results.

Gilead Sciences reports positive data in remdesivir trial for Covid-19
Updated On : 30 Apr 2020 | 2:03 AM IST

Indices log near 2% gains on hopes of ease in lockdown, biz activity

The Sensex rose 606 points, or 1.9%, to end at 32,720 - the highest close since March 13

Indices log near 2% gains on hopes of ease in lockdown, biz activity
Updated On : 30 Apr 2020 | 12:58 AM IST

Govt likely to pledge Rs 3-trn in loans to MSMEs amid Covid-19 outbreak

Small firms will be eligible to borrow an additional 20 per cent of their credit limit. The extra debt will be fully backed by the government

Govt likely to pledge Rs 3-trn in loans to MSMEs amid Covid-19 outbreak
Updated On : 28 Apr 2020 | 12:15 AM IST

What happens when bread is scarce and grain exporters speak up

From the French Revolution to the Arab Spring, price rises and food shortages have fuelled conflict, toppled leaders and overthrown regimes.

What happens when bread is scarce and grain exporters speak up
Updated On : 22 Apr 2020 | 1:13 AM IST

'We needed to go': Rich Americans activate Covid-19 pandemic escape plans

New Zealand features prominently in plans for doomsday survival

'We needed to go': Rich Americans activate Covid-19 pandemic escape plans
Updated On : 21 Apr 2020 | 2:23 AM IST

Covid makes it harder to estimate short-term earnings, says analyst

The uncertainty stemming from the virus and countries' efforts to contain it have made it harder to estimate short-term earnings

Covid makes it harder to estimate short-term earnings, says analyst
Updated On : 21 Apr 2020 | 2:13 AM IST

India's ban on flying to stay until coronavirus no longer a danger

The ban will be lifted only when the government determines that the virus is no longer a threat, Hardeep Singh Puri wrote in a Twitter post

India's ban on flying to stay until coronavirus no longer a danger
Updated On : 21 Apr 2020 | 1:33 AM IST

The Music Industry's Lost Summer: No Bieber, No Swift and Mass Layoffs

While sports leagues and restaurants try to figure out when they can reopen to the public, there's growing recognition among music industry executives that concerts won't be coming back anytime soon.

The Music Industry's Lost Summer: No Bieber, No Swift and Mass Layoffs
Updated On : 18 Apr 2020 | 8:07 PM IST

Hong Kong police arrest 14 pro-democracy activists for organising protests

The police action was connected to unauthorized assemblies on Aug. 18, Oct. 1 and 20 in Hong Kong Island and Kowloon last year, Superintendent Lam Wing-ho said at a briefing on Saturday.

Hong Kong police arrest 14 pro-democracy activists for organising protests
Updated On : 18 Apr 2020 | 7:52 PM IST

Fair to furlough? Britain's massive job-saving plan prompts pushback

While more than half of UK companies are expected to apply for government grants to pay furloughed employees, critics say they expect too much of the cash to go where it's not needed.

Fair to furlough? Britain's massive job-saving plan prompts pushback
Updated On : 18 Apr 2020 | 7:41 PM IST

Cash levels jump to highest since 9/11 terrorist attacks: BoFA survey

Fund managers have shunned risk, with equity allocations the lowest since the 2009 financial crisis

Cash levels jump to highest since 9/11 terrorist attacks: BoFA survey
Updated On : 15 Apr 2020 | 2:02 AM IST

Gold, equities show unusual sync in March; nosedive, recover at same times

Both nosedived in mid-March amid panic selling and forced margin calls; each then recovered by about 20% as central banks and governments kicked in more stimulus

Gold, equities show unusual sync in March; nosedive, recover at same times
Updated On : 15 Apr 2020 | 1:40 AM IST

AstraZeneca plans to test new cancer medicine in coronavirus battle

The treatment for lymphoma may lessen the severity of respiratory distress by reducing the inflammation caused by the new coronavirus

AstraZeneca plans to test new cancer medicine in coronavirus battle
Updated On : 14 Apr 2020 | 9:34 PM IST

70 vaccines in the works, with three leading candidates, says WHO

The drug industry is hoping to compress the time it takes to get a vaccine to market - usually about 10 to 15 years - to within the next year

70 vaccines in the works, with three leading candidates, says WHO
Updated On : 14 Apr 2020 | 1:43 AM IST

Will market recover? Indian stocks lose premium to bonds amid global crisis

The 25% tumble in the index has meant that stocks currently offer an earnings yield of about 5.25%, compared with the domestic benchmark 10-year yield of about 6.50%

Will market recover? Indian stocks lose premium to bonds amid global crisis
Updated On : 14 Apr 2020 | 1:34 AM IST