Page 811 - Bloomberg

Why are fuel prices in India high even though crude oil prices are lower?

Excise duty and additional taxes are estimated to fetch the government about Rs 2.5 trillion in the year ending March 2019

Chinese smartphone maker Xiaomi's $10 bn IPO risks cash crunch in Hong Kong

Hong Kong interbank rates are already climbing after years at ultra-low levels as the city's monetary authority buys local dollars to defend a currency peg

Oil pares monthly gain as US rigs offset Iran-deal risk

Oil surged to levels last seen in 2014 as issues including the conflict in Syria and tensions between Saudi Arabia and Iran-backed rebels in Yemen stoked concerns over supply disruptions

Adidas and Nike have a new rival on the soccer pitch

While Nike and Adidas design and market soccer gear, they seldom make it

India's $35 billion government pension fund plans equities boost

India's equity culture may also get a boost from a stewardship code to be rolled out for the country's fund managers to push for corporate-governance best practices

China's Wanda opens world's biggest studios to woo Hollywood filmmakers

The project boasts the world's largest studios, a commercial complex covered with giant portraits of Charlie Chaplin, Marilyn Monroe and Bruce Lee

Why this famous hedge fund manager thinks oil can hit $300/bbl in a few yrs

The hedge fund manager also went against the conventional view that triple-digit oil prices will dampen demand growth

Kim's charm offensive pressures Trump to ease sanctions against North Korea

The 34-year-old dictator plans to invite foreign journalists to witness the shutdown of North Korea's main nuclear weapons test site in May

Twitter sold CA researcher public data access without users' consent

Twitter's 'data licensing and other revenue' grew about 20 per cent, to $90 million, in the first quarter

Russian oil giant Surgutneftegas OJSC hoards $44-billion cash

Investors are watching Surgut's accounts closely after the US Treasury earlier this month included Chief Executive Officer Vladimir Bogdanov in a sanctions list

China eases rules: Foreign firms can own stakes in security ventures

China's announcement of the changes in 2017 coincided with a visit by US President Donald Trump to the country

Kim Jong-un pledges to shut main nuke site in May, invites media to witness

Kim told President Moon Jae-in that Trump will learn at their meeting that North Korea has no intention of using its nuclear arsenal toward South or the Pacific or to target US

Sprint, T-Mobile in $26.5 bn deal to take on AT&T, Verizon Communications

That ratio values Sprint at $6.62 a share based on T-Mobile's Friday closing price of $64.52

Don't let doubts about blockchains close your mind

Prepare yourself for the new intellectual battlefield

Modi, Xi will issue strategic guidance to militaries to ease border tension

The two sides have held 20 rounds of talks to resolve the boundary dispute and worked out different mechanisms to keep peace along the 3,488-km long Line of Actual Control

Wanda hopes $8-bn 'Oriental Movie Metropolis' complex will wow Hollywood

China's port city of Qingdao, where Dalian Wanda Group, a real-estate, retail and entertainment conglomerate

Xerox-Fujifilm deal temporarily blocked by New York judge

Under the terms of the deal, announced in January, Xerox, which has a market value of $7.7 billion, would first merge with a joint venture that the company operates with Fujifilm in Asia

What it will take to fix Deutsche Bank

Revenue at the Frankfurt-based lender has been declining steadily since it announced its first attempt to shrink the investment bank in April 2015

Trade war is a losing game: EU sounds alarm as US refuses to relent

Donald Trump's administration is asking Europe, Canada and other allies to accept quotas in exchange for an exemption from steel and aluminum tariffs that kick in May 1

Trump shows Europe that its clout is dwindling

It was widely predicted that neither Macron's personal rapport with Trump nor Merkel's more businesslike approach would sway him on policy