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Bloomberg

Bloomberg

Page 798 - Bloomberg

How Tesla CEO Elon Musk lost $1 billion in just 2 minutes

. The electric-car maker had reported a record decline in deliveries during the first quarter, down to 63,000 vehicles in the three months that ended in March

How Tesla CEO Elon Musk lost $1 billion in just 2 minutes
Updated On : 05 Apr 2019 | 11:10 AM IST

What's left of Nomura after $1 bn cost cutting in struggling wholesale biz?

Three cheers for Nomura Holdings Inc. At least from its shareholders, not its staff

What's left of Nomura after $1 bn cost cutting in struggling wholesale biz?
Updated On : 05 Apr 2019 | 9:46 AM IST

Jeff Bezos's divorce settlement terms ease concern over who controls Amazon

Bezos will continue to be the largest shareholder of the e-commerce giant valued at almost $900 billion as well as gain voting control of his former wife's remaining shares

Jeff Bezos's divorce settlement terms ease concern over who controls Amazon
Updated On : 05 Apr 2019 | 9:39 AM IST

MacKenzie Bezos to be world's 4th-richest woman after divorcing Amazon CEO

She'll receive a 4 percent Amazon stake, currently worth about $36 billion, as part of the settlement

MacKenzie Bezos to be world's 4th-richest woman after divorcing Amazon CEO
Updated On : 05 Apr 2019 | 9:05 AM IST

Six minutes to disaster: How Ethiopian Air's pilots battled Boeing 737 Max

A preliminary report shows the crew's actions to counter malfunction

Six minutes to disaster: How Ethiopian Air's pilots battled Boeing 737 Max
Updated On : 05 Apr 2019 | 8:47 AM IST

Novartis CEO Narasimhan's $50 billion of deals was just the first act

With plans to spend more than $10 billion a year on acquisitions, Big Pharma's youngest boss is hunting for partnerships to develop groundbreaking gene therapies

Novartis CEO Narasimhan's $50 billion of deals was just the first act
Updated On : 05 Apr 2019 | 3:22 AM IST

Amazon CEO Jeff Bezos to keep 75% of his stock after divorcing wife

Jeff Bezos will remain the largest shareholder of the e-commerce giant valued at almost $900 billion.

Amazon CEO Jeff Bezos to keep 75% of his stock after divorcing wife
Updated On : 05 Apr 2019 | 1:33 AM IST

Markets fall after RBI cautions on signs of weakening economic growth

Foreign investors have pumped in above $8.5 billion into India stocks so far this year

Markets fall after RBI cautions on signs of weakening economic growth
Updated On : 05 Apr 2019 | 1:23 AM IST

Mukesh Ambani, Sunil Mittal consider competing for stake in Zee: Report

Zee, which is controlled by media mogul Subhash Chandra, is seeking a strategic investor to help fend off competition.

Mukesh Ambani, Sunil Mittal consider competing for stake in Zee: Report
Updated On : 04 Apr 2019 | 10:00 PM IST

AstraZeneca inks $6.9-bn breast, gastric cancer therapy deal with Daiichi

AstraZeneca said the transaction won't impact earnings this year but will make a 'significant contribution' by 2023

AstraZeneca inks $6.9-bn breast, gastric cancer therapy deal with Daiichi
Updated On : 30 Mar 2019 | 12:07 AM IST

Boeing sued over Ethiopia crash as plane orders in Asia waver

The lawsuit, filed on behalf of the estate of Ethiopian Airlines passenger Jackson Musoni of Rwanda, claims the 737 Max 8 isn't safely designed

Boeing sued over Ethiopia crash as plane orders in Asia waver
Updated On : 29 Mar 2019 | 9:15 AM IST

The Palladium 'bubble has burst' with biggest price drop in 9 years

The sell-off comes after hedge funds cut bullish bets and some analysts warned of a growing potential for a price correction. A strong dollar added to headwinds

The Palladium 'bubble has burst' with biggest price drop in 9 years
Updated On : 29 Mar 2019 | 8:19 AM IST

JPMorgan, Nomura job cuts add to shrinking staff in finance sector

Shrinking staff is an annual tradition for the biggest securities firms, which trim personnel in some areas to expand in others or dismiss under-performers to make way for an incoming class of junior

JPMorgan, Nomura job cuts add to shrinking staff in finance sector
Updated On : 29 Mar 2019 | 8:14 AM IST

Mission Shakti: India's anti-satellite test sends a stark message to China

Foreign ministry said that India wasn't engaging in an arms race, but asserted that "with this test, India joins an exclusive group of space-faring nations consisting of USA, Russia and China

Mission Shakti: India's anti-satellite test sends a stark message to China
Updated On : 29 Mar 2019 | 7:54 AM IST

Spiced buttermilk? Coca-Cola turns to grandmas' recipes in India

For Coke, the ethnic drinks push is paired with a $1.7 billion foray into locally grown fruit juices

Spiced buttermilk? Coca-Cola turns to grandmas' recipes in India
Updated On : 29 Mar 2019 | 2:10 AM IST

UK fines Goldman Sachs $45 million over transaction reporting failure

The failures, including 9.5 million transactions that weren't reported at all, were violations of the Markets in Financial Instruments Directives, or MiFID.

UK fines Goldman Sachs $45 million over transaction reporting failure
Updated On : 28 Mar 2019 | 6:37 PM IST

JPMorgan to lay off hundreds globally after staffing review

The bank is reducing the number of employees in support roles across the unit and laying off some wealth-management workers

JPMorgan to lay off hundreds globally after staffing review
Updated On : 28 Mar 2019 | 3:32 PM IST

India's first foreign owned bank is preparing for a $58 million IPO

Last year, Toronto-based Fairfax agreed to invest $168 million for a 51% stake in the Syrian Catholic Bank, the first time the RBI allowed a foreign firm to take a majority interest in a local lender

India's first foreign owned bank is preparing for a $58 million IPO
Updated On : 28 Mar 2019 | 1:46 PM IST

Your next plate of pasta might have an extra twist: hydrogen-methane blend

It will be Europe's first commercial test of a hydrogen-methane blend in a high-pressure network. The facilities previously ran entirely on traditional natural gas

Your next plate of pasta might have an extra twist: hydrogen-methane blend
Updated On : 28 Mar 2019 | 12:33 PM IST

Here are 50 best restaurants in Asia; only one Indian eatery makes the cut

Gaggan landed in second place, still retaining the title of Thailand's best-a bittersweet run for a restaurant that is due to close in 2020 as chef-owner Gaggan Anand plans new ventures in Japan

Here are 50 best restaurants in Asia; only one Indian eatery makes the cut
Updated On : 28 Mar 2019 | 11:35 AM IST