Page 755 - Bloomberg

Bosch likely to cut around 2,000 jobs in India amid auto sales slump

Carmakers will shed 80,000 jobs across the world in the coming years

India isn't winning friends with its openly aggressive lurch to the right

The Indian government is behaving like Viktor Orban of Hungary or Donald Trump himself in its happy embrace of the global right.

Tesla's China-made cars arrive in Shanghai as firm taps key market

Musk is counting on the China plant to help build on recent momentum for the company in the world's largest market both for EVs and autos

For French champagne makers, Trump tariff threat is not the only worry

The US, the second-biggest overseas destination, is threatening 100 per cent tariffs on the drink in response to a French digital-services tax affecting the likes of Alphabet's Google and Amazon.com

Insurance to futures, China's $45 trn finance industry is set to open up

President Xi Jinping is seeking to cushion the world's No. 2 economy against the steepest slowdown since the early 1990s

China's own Bitcoin: A roller-coaster ride for money, politics is beginning

The digital yuan can disrupt both traditional banking and the post-Bretton Woods system of floating exchange rates.

How India's economy came back down to earth in just a year's time

India may yet reclaim its mantle as the next big thing, albeit a toned-down and more durable version

China scraps benchmark lending rate to liberalise financial system

The LPR, revamped to become the benchmark for new loans this year, is based on the interest rate for one-year loans

Joe Biden says he will refuse to testify at Trump's impeachment trial

Biden said earlier this month that he would not testify, saying it would allow lawmakers to "take their eye off the ball" instead of focusing on Trump's actions

US denies reports of seeking 20% troop funding boost from South Korea

The deal, known as the Special Measures Agreement, technically expires at the end of this year. But both sides are likely to agree to some sort of temporary extension as they negotiate

Putin's Russia is 20 years old and stronger than ever. or is it?

While Putin has repeatedly ruled out amending the constitution to allow another term, most recently during his annual press conference, no other option for staying in power, if that's what he does

That recession everyone feared just got priced out by a record stock rally

Very big years in markets rarely come right before recessions

Guinea Prez, world's longest-serving ruler must reveal assets for IMF aid

The central African country needs an IMF bailout to deal with a crisis that shrank its economy by a third to $13 billion last year

Lufthansa union calls for 3-day strike at Germanwings after talks fail

Eurowings, in a separate statement, said 30 of the group's 140 planes fly for Germanwings. Further talks between the airline and the union are planned for Jan. 16-17

Bill Gates to Kylie Jenner: World's richest gained $1.2 trillion in 2019

Jeff Bezos was down almost $9 billion, but that drop is because of his divorce settlement with MacKenzie Bezos.

BSE's small brokers are folding up as technology, regulations outpace them

India had slightly more than 2,400 brokerages as of December 24, down from more than 9,000 in March 2014.

The 'fire and ice' decade that changed everything on Wall Street

At its peak a record $17 trillion stockpile of negative-yielding securities roiled global markets in 2019

Banks set for biggest job cull since 2015; Morgan Stanley lets go 1,500

This year, more than 50 lenders have announced plans to cut a combined 77,780 jobs, the most since 91,448 in 2015

'Cane is king', say sugar traders as India is set to roil the market again

Sugar output in the country is expected to bounce back in 2020-21

Mukesh Ambani's Reliance Retail valued at $34 billion in share swap

Reliance Retail runs India's largest chain of neighborhood supermarket stores and consumer electronics stores