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Bloomberg

Bloomberg

Page 207 - Bloomberg/reuters

Wealthy Indians' plan to invest abroad via GIFT city hits roadblock

The regulator for Gujarat International Finance ­Tec-­City is halting approvals for family investment funds after feedback from the central bank

Wealthy Indians' plan to invest abroad via GIFT city hits roadblock
Updated On : 20 Aug 2024 | 6:54 PM IST

Zelenskyy urges US, European allies to remove limits on weapons use

Operation to seize Russian territory in the Kursk region would have been viewed as crossing the strictest of all red lines

Zelenskyy urges US, European allies to remove limits on weapons use
Updated On : 20 Aug 2024 | 2:37 PM IST

China approves 11 nuclear reactors worth $31 billion across five sites

China has more nuclear reactors under construction than any other nation in the world

China approves 11 nuclear reactors worth $31 billion across five sites
Updated On : 20 Aug 2024 | 9:49 AM IST

Mpox outbreak spreads in Africa with Burundi reporting 100 cases: WHO

The cases, 28 per cent of which were in children under five, have been reported since July in multiple districts

Mpox outbreak spreads in Africa with Burundi reporting 100 cases: WHO
Updated On : 20 Aug 2024 | 7:59 AM IST

Ambani takes Shein's help to battle Tata in race to sell affordable fashion

Reliance Industries Ltd. has poured more than $2 billion into its retailing unit over the past year

Ambani takes Shein's help to battle Tata in race to sell affordable fashion
Updated On : 20 Aug 2024 | 7:59 AM IST

Huge profits made by investors on catastrophe bonds raising eyebrows

Catastrophe bonds, which are issued by insurers, reinsurers and governments seeking an extra layer of disaster coverage, have been handing investors double-digit returns

Huge profits made by investors on catastrophe bonds raising eyebrows
Updated On : 19 Aug 2024 | 11:18 PM IST

Summer deals heat up as 7-Eleven, Pop Tarts drive M&A wave: Report

7-Eleven parent Seven & i Holdings Co. soared Monday after saying it's received a takeover proposal from the owner of Circle K

Summer deals heat up as 7-Eleven, Pop Tarts drive M&A wave: Report
Updated On : 19 Aug 2024 | 11:07 PM IST

General Motors to lay off more than 1,000 software engineers, mostly in US

The moves come two months after former Apple Inc. executives David Richardson and Baris Cetinok were promoted to senior vice president roles in the group

General Motors to lay off more than 1,000 software engineers, mostly in US
Updated On : 19 Aug 2024 | 9:58 PM IST

Sebi to expand scope of ESG finance framework to more products: Report

The Securities and Exchange Board of India will consult on introducing social bonds, along with sustainable and sustainability-linked bonds

Sebi to expand scope of ESG finance framework to more products: Report
Updated On : 19 Aug 2024 | 4:56 PM IST

How lack of coordination, funding issues turned mpox into a global crisis

The chain of delayed reactions to the crisis began during the last mpox emergency that ended in 2023

How lack of coordination, funding issues turned mpox into a global crisis
Updated On : 19 Aug 2024 | 11:35 AM IST

Waning demand expected to hit breakneck rally in India's auto stocks

India's NSE Nifty Auto Index is down 4.1 per cent in August, more than double the decline in the Nifty 50 Index

Waning demand expected to hit breakneck rally in India's auto stocks
Updated On : 19 Aug 2024 | 8:53 AM IST

Israel, Hamas accuse each other for impeding cease-fire & hostage deal

Mediators say the current round of negotiations have brought the two sides closest to an official pause in fighting in months

Israel, Hamas accuse each other for impeding cease-fire & hostage deal
Updated On : 19 Aug 2024 | 8:05 AM IST

Will be tough for Alibaba, Tencent, JD.com to grow without Beijing's help

Chinese tech firms may look to invest heavily in artificial intelligence, despite unique challenges

Will be tough for Alibaba, Tencent, JD.com to grow without Beijing's help
Updated On : 19 Aug 2024 | 7:58 AM IST

Why it makes sense for food prices to be cut out of RBI's inflation target

Officials are depressingly hesitant to touch anything to do with food production and prices, since these are particularly sensitive politically

Why it makes sense for food prices to be cut out of RBI's inflation target
Updated On : 19 Aug 2024 | 7:52 AM IST

Chinese stock exchanges to stop releasing data on overseas fund flows

That's because the country's stock exchanges will stop releasing daily data on overseas fund flows starting Monday, depriving investors of a key sentiment indicator to track the $8.3 trillion market

Chinese stock exchanges to stop releasing data on overseas fund flows
Updated On : 18 Aug 2024 | 10:45 PM IST

Harris-Walz campaign to spend $370 mn on digital, TV ads in push to Nov. 5

For August, Trump and his allied super-PACs have booked about 60 per cent of the ad time

Harris-Walz campaign to spend $370 mn on digital, TV ads in push to Nov. 5
Updated On : 18 Aug 2024 | 7:28 AM IST

Mpox emergency response hit by scarce financing amid WHO calls for support

WHO has released $1.45 mn from its contingency fund for emergencies, while African Union has approved $10.4 mn from its existing Covid funds for Africa Centres for Disease Control and Prevention

Mpox emergency response hit by scarce financing amid WHO calls for support
Updated On : 17 Aug 2024 | 10:31 AM IST

Indonesia celebrates Nusantara, the new capital struggling to take shape

Located about 800 miles northeast of Jakarta, construction of Nusantara involves five phases, to be completed by 2045, the govt intends to shift some 1.9 mn people from Jakarta to ease congestion

Indonesia celebrates Nusantara, the new capital struggling to take shape
Updated On : 17 Aug 2024 | 9:02 AM IST

These cool but creepy features of AI phones will erode trust in everything

Like it or not, the growing ubiquity of AI phones will force us to become more wary of what we see and hear - unless we want manipulated versions of reality to be the new normal

These cool but creepy features of AI phones will erode trust in everything
Updated On : 17 Aug 2024 | 12:39 AM IST

Mastercard plans to cut 3% of staff worldwide before Sept 30 amid overhaul

That would work out to about 1,000 people, based on its reported employee count at the end of last year

Mastercard plans to cut 3% of staff worldwide before Sept 30 amid overhaul
Updated On : 16 Aug 2024 | 11:53 PM IST