Page 761 - Bloomberg

Moody's cuts Mumbai Trump Tower builder's rating over debt obligation

Macrotech Developers, earlier known as Lodha Developers, has been cut by one step to Caa1.

Hacker wants $5 mn ransom by Nov-end to solve Pemex cyberattack problems

Pemex has other ideas, saying it won't pay the ransom and hopes to solve the cyberattack problem today

Biggest drop in power demand makes Indian banks' bad debt headache worse

Banks had about Rs 1.8 trillion ($25 billion) of stressed loans to India's coal-fired power generators as of last year

How Alibaba founder Jack Ma is ripping a $12 trillion stock market

On Monday, China's largest e-commerce company logged more than $38.3 billion of purchases during its annual Singles' Day shopping event, a new record

Experts see dip in palm oil imports from one-year high as prices jump

The first decline in three months of growing purchases by India, the world's biggest importer, may boost inventories in top producers Indonesia and Malaysia

Crisis no hindrance for yield-hungry global financiers to Indian NBFCs

The top-rated non-banking financing companies are able to get loans in the domestic market as well, but they are finding that borrowing costs are often lower overseas

Trump says he will discuss $100-billion trade deal with Turkey's Erdogan

US lawmakers in both parties had urged Trump not to host the Turkish leader at the White House following the offensive, which targeted American Kurdish allies who helped to defeat Islamic State

Google's Citi tie-up for current accounts: Deeper push for financial data?

Google has spent years building out its payments capabilities, offering consumers the ability to send money to friends

Retro tax to AGR, telecom cash grab imperils foreign investment into India

The fund-starved government expects operators to cough up more at 5G auctions next year. How long can the Birla boss hang in?

Nita Ambani named to the board of New York-based Metropolitan Museum of Art

Nita Ambani, 57, was elected to become an honorary trustee of the museum, according to the statement.

Soon, the burden of dividend tax may shift from companies to investors

The budget statement due February may include a proposal to tax dividends once they are paid to shareholders, rather than the current system where the company pays the levy

Onion prices are fueling inflation in India but RBI may still ignore it

While policy makers will assess the accompanying food-price data, it may not be compelling enough to hold their attention

Tesla challenger China Evergrande Group vows to debut electric car in 2020

The car, to be sold under the 'Hengchi' brand, will debut in the first half of next year, with mass production starting in 2021, the company said in a statement

Trump threatens to 'substantially' raise tariffs if there's no China deal

Trump and Chinese President Xi Jinping had planned to sign "phase one" of the deal at an international conference this month in Chile that was canceled because of social unrest in that country

Trade war woes: Xi Jinping's alma mater now faces a massive debt problem

As part of China's university reform Unigroup's controlling shareholder Tsinghua Holdings Corp has attempted to disentangle itself from the company multiple times

Trump slams Federal Reserve again, says shunning negative rates hurts US

The Fed cut interest rates last month for the third time this year to shield the economy from uncertainty over trade and weaker global growth

Vodafone CEO says India venture is at risk of collapse after AGR ruling

Vodafone Group CEO wants a two-year delay on spectrum payments and lower license fees

CBS acting CEO's $100-mn severance: All except shareholders seem well paid

During the Moonves era at CBS, the S&P 500 Index returned an average of 9% a year. CBS returned 8.7% a year

Scouting partner for Jaguar-Land Rover, Tata Motors approaches BMW, Geely

India's largest conglomerate has said it's open to finding partners for JLR to save on costs and share the burden of investing in electric vehicles

Instagram without 'likes'? Platform does that for some users in US

Users will still be able to see the likes they receive on their posts if they want, but those metrics won't be visible to others on Instagram.