Bloomberg
Bloomberg
Page 759 - Bloomberg
Amazon, EBay accused of selling cosmetics with high mercury levels
An Amazon spokeswoman said the products are prohibited and 'are no longer available'
 "Amazon, EBay accused of selling cosmetics with high mercury levels")
Donald Trump defies China, signs law supporting Hong Kong protesters
China's foreign ministry reiterated a threat of retaliation without offering any details
 "Donald Trump defies China, signs law supporting Hong Kong protesters")
It will need more than a rate cut to salvage India's sputtering economy
It wasn't too long ago that economic aspirations for India echoed China's. Now this young country of 1.4 billion people is looking more like Indonesia, Malaysia or the Philippines
 "It will need more than a rate cut to salvage India's sputtering economy")
Sri Lanka leased Hambantota port to China for 99 yrs. Now it wants it back
The port is emblematic of the controversy dogging Chinese President Xi Jinping's Belt and Road initiative from Kenya to Myanmar
 "Sri Lanka leased Hambantota port to China for 99 yrs. Now it wants it back")
As news goes from bad to worse, Modi govt scrambles to revive the economy
Finance Minister Nirmala Sitharaman said this week she's not closing the door on additional steps to support the economy.
 "As news goes from bad to worse, Modi govt scrambles to revive the economy")
China fumes over US law backing Hong Kong, says retaliation inevitable
In signing the bills, Trump signaled to Xi that action wouldn't be imminent.
 "China fumes over US law backing Hong Kong, says retaliation inevitable")
Crisis-hit Yes Bank poised to reveal crucial fund-raising details
Yes Bank Ltd. is expected to name the investors and the amount of money they will contribute after its board signs off on the plan at a meeting on Friday
 "Crisis-hit Yes Bank poised to reveal crucial fund-raising details")
Amit Shah: The architect of India's rightward turn may succeed Modi one day
Shah will likely be the one to announce any more moves related to Hindu nationalism while Modi stays above the fray, focusing on economic reforms and acting as a statesman on the world stage
 "Amit Shah: The architect of India's rightward turn may succeed Modi one day")
From onions in India to Pork in China, rising food prices worry economists
Average inflation across emerging markets is still at an all-time low, according to a Bloomberg gauge of consumer price indexes
 "From onions in India to Pork in China, rising food prices worry economists")
BNP Paribas, Credit Suisse sound a note of caution on record market run
Asia's third-biggest economy probably grew 4.6 per cent last quarter, which would be the slowest since the first three months of 2013, according to a Bloomberg survey ahead of Friday's data release
 "BNP Paribas, Credit Suisse sound a note of caution on record market run")
PE funds bet big on crisis-hit NBFCs even as other investors balk
The funds have invested about $2 billion this year in the country's non-bank financing sector, which is worth some $40 billion.
 "PE funds bet big on crisis-hit NBFCs even as other investors balk")
Rupee is the worst performer in emerging Asia as RBI tries to lift economy
The RBI bought has about $18 billion of foreign exchange since the end of September.
 "Rupee is the worst performer in emerging Asia as RBI tries to lift economy")
Uber drivers making airport runs, crossing state lines get pay boost
Uber has relied on arbitration and settlements to defeat lawsuits by drivers seeking the benefits of employees
 "Uber drivers making airport runs, crossing state lines get pay boost")
Google sued by rival company for antitrust violations in ad market
Inform Inc. alleges that Google has used its monopoly power in internet search and mobile operating systems to undermine competition in the ad market
 "Google sued by rival company for antitrust violations in ad market")
Hong Kong stock's 78% collapse adds to wave of sudden crashes
While Hong Kong isn't new to sudden stock slumps, the fresh wave of declines is putting the spotlight on corporate governance
 "Hong Kong stock's 78% collapse adds to wave of sudden crashes")
BMW to cut staff bonuses in savings push for electric vehicle drive
The company is introducing a pension component based on dividend payments.
 "BMW to cut staff bonuses in savings push for electric vehicle drive")
Air India will have to shut shop if privatisation flops: Minister Puri
Government is considering a plan to exclude more than half of Air India's $11 billion of debt in the government's latest attempt to lure investors to the struggling carrier, said sources
 "Air India will have to shut shop if privatisation flops: Minister Puri")
New plan to woo investors: Govt may exclude $7 billion of Air India debt
A spokesman at India's finance ministry, which handles assets sales, was not immediately available for a comment
 "New plan to woo investors: Govt may exclude $7 billion of Air India debt")
Axis Fund house roots for quality stocks as slowdown rattles the Street
The strategy has paid off for Axis. Its largest fund, Axis Long Term Equity Fund, has delivered an annual return of over 12 per cent over the past five years, beating 96 per cent of peers
 "Axis Fund house roots for quality stocks as slowdown rattles the Street")
Analysts see Tata Steel stock rising in 2020 as firm revamps Europe biz
Tata Steel has been closing and selling plants in the UK since the 2008 financial crisis to make its business there more profitable
 "Analysts see Tata Steel stock rising in 2020 as firm revamps Europe biz")