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Bloomberg

Bloomberg

Page 221 - Bloomberg/reuters

Hyundai Motor India's shares decline 6% in debut after record IPO

The debut may set the tone for a string of other billion-dollar-plus deals coming to the market in India

Hyundai Motor India's shares decline 6% in debut after record IPO
Updated On : 22 Oct 2024 | 10:54 AM IST

Elon Musk sued over 'Blade Runner' imagery used during robotaxi unveiling

The production company, which has also financed and produced films such as The Blind Side, filed a lawsuit accusing Musk of copyright infringement

Elon Musk sued over 'Blade Runner' imagery used during robotaxi unveiling
Updated On : 22 Oct 2024 | 8:18 AM IST

US Secy Blinken takes off in 11th attempt to reach Middle East ceasefire

President Joe Biden's decision to send Hochstein this week is signaling the urgency of a lasting cease-fire in Lebanon

US Secy Blinken takes off in 11th attempt to reach Middle East ceasefire
Updated On : 22 Oct 2024 | 8:16 AM IST

Apple CEO Tim Cook's other job is to help Nike turn things around

During his tenure, he's been a sounding board on issues ranging from China to technology operations to appointing key new executives, according to current and former Nike and Apple employees

Apple CEO Tim Cook's other job is to help Nike turn things around
Updated On : 21 Oct 2024 | 11:13 PM IST

Bain-Backed 360 One's Co-CEO Taparia to depart amid wealth management boom

360 One confirmed Taparia's departure, saying he tendered his resignation last month and a smooth transition is underway

Bain-Backed 360 One's Co-CEO Taparia to depart amid wealth management boom
Updated On : 21 Oct 2024 | 4:48 PM IST

Hot India's private credit market faces risks as exuberance grows

Local firms are fueling competition with global giants such Cerberus and Oaktree Capital Management

Hot India's private credit market faces risks as exuberance grows
Updated On : 21 Oct 2024 | 2:06 PM IST

Global investors pull money out of Indian sovereign bonds for second week

Global funds last week sold Rs 870 crore ($104 million) of the so-called Fully Accessible Route bonds

Global investors pull money out of Indian sovereign bonds for second week
Updated On : 21 Oct 2024 | 11:50 AM IST

Waaree Energies' IPO capitalises on a 357% rise in renewable stock in India

The public offering aligns with Prime Minister Narendra Modi's goal to boost renewable energy production to 500 gigawatts by the end of the decade

Waaree Energies' IPO capitalises on a 357% rise in renewable stock in India
Updated On : 21 Oct 2024 | 9:56 AM IST

Hyundai's historic India IPO signals new era for multinational listings

Hyundai's compatriot LG Electronics Inc. is also reported to be preparing for a potential IPO of its Indian unit

Hyundai's historic India IPO signals new era for multinational listings
Updated On : 21 Oct 2024 | 6:44 AM IST

IMF warns of $100 trillion global debt crisis ahead of key finance meetings

Meanwhile, Moody's Ratings has slated Friday for a possible report on France, which faces intense investor scrutiny at present. With its assessment one step higher than major competitors

IMF warns of $100 trillion global debt crisis ahead of key finance meetings
Updated On : 20 Oct 2024 | 11:40 PM IST

West's failure in Ukraine: Selling out Kyiv would be a shameful betrayal

Fewer American weapons are available for shipment to Kyiv, and the eyes of Western governments are focused overwhelmingly on Israel and Iran

West's failure in Ukraine: Selling out Kyiv would be a shameful betrayal
Updated On : 20 Oct 2024 | 12:43 PM IST

Prez Biden slowly losing Africa; Harris or Trump unlikely to fare better

Whenever the US gets kicked out of a country, moreover, it not only leaves an opening for Russia but also becomes less effective at fighting terrorists in the region

Prez Biden slowly losing Africa; Harris or Trump unlikely to fare better
Updated On : 20 Oct 2024 | 12:31 PM IST

Asian stock markets set for blockbuster week as 'animal spirits' return

Around 20 companies from Asia Pacific are listing shares next week in deals that may raise as much as $8.3 billion

Asian stock markets set for blockbuster week as 'animal spirits' return
Updated On : 20 Oct 2024 | 9:17 AM IST

Oil prices show how numb traders are to US sanctions on Iran, Russia

The decline was largely driven by indications that Israel is going to avoid attacking Iran's oil infrastructure - one of the market's big concerns

Oil prices show how numb traders are to US sanctions on Iran, Russia
Updated On : 19 Oct 2024 | 1:55 PM IST

Chinese drone maker SZ DJI Tech sues Pentagon for military designation

DJI had unsuccessfully attempted to engage with the defence department for more than 16 months on the issue, a spokesperson for the world's largest maker of consumer drones said on Friday

Chinese drone maker SZ DJI Tech sues Pentagon for military designation
Updated On : 19 Oct 2024 | 10:51 AM IST

US posts $1.8 trn annual deficit, highest outside of Covid: Treasury data

Treasury officials highlighted that the widening was largely due to accounting for the Biden administration's broad student debt relief plan

US posts $1.8 trn annual deficit, highest outside of Covid: Treasury data
Updated On : 19 Oct 2024 | 9:22 AM IST

Logic of former US President Donald Trump's tariffs has a gaping hole

In the 1980s, the US took a tough protectionist line on Japanese automobile imports and demanded "voluntary" quotas

Logic of former US President Donald Trump's tariffs has a gaping hole
Updated On : 19 Oct 2024 | 12:53 AM IST

Airline companies' stocks recover from failed summer surge to hit 2022 high

The S&P Supercomposite Airlines Index is hovering around highs unseen since May 2022, poised to close Friday with its largest weekly gain since January of last year

Airline companies' stocks recover from failed summer surge to hit 2022 high
Updated On : 18 Oct 2024 | 10:47 PM IST

Expanding bond market to ease capital needs key to India's $5 trn goal

Nothing illustrates that challenge better than the Rs 47 trillion ($559 billion) corporate bond market. It's one of the world's smallest as a percentage of gross domestic product, at just 16 per cent

Expanding bond market to ease capital needs key to India's $5 trn goal
Updated On : 18 Oct 2024 | 2:27 PM IST

RBI cracks down on shadow banks over high-interest loans, rule violations

The Reserve Bank of India ordered four shadow banks to stop sanctioning new loans because of high interest rate charges to customers

RBI cracks down on shadow banks over high-interest loans, rule violations
Updated On : 18 Oct 2024 | 11:39 AM IST