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Bloomberg

Bloomberg

Page 29 - Bloomberg/reuters

Kalshi, Polymarket continue India operations despite betting platform ban

Kalshi's legal counsel, Valeria Vouterakou, said the company has been in communication with the Indian government and has not been told to shut down

Kalshi, Polymarket continue India operations despite betting platform ban
Updated On : 18 May 2026 | 11:25 PM IST

China's economic slowdown revives calls for stronger stimulus measures

Weak retail sales, industrial output and investment data raise pressure on Beijing to step up policy support amid global energy turmoil

China's economic slowdown revives calls for stronger stimulus measures
Updated On : 18 May 2026 | 11:09 PM IST

Centre weighing import duty hike for edible oil to support farmers

The deliberations come as the government steps up efforts to curb foreign-exchange outflows, which have put pressure on the rupee - Asia's worst-performing currency this year

Centre weighing import duty hike for edible oil to support farmers
Updated On : 18 May 2026 | 9:12 PM IST

India can ride out crude supply disruption after Russian oil waiver ends

In May, flows are expected to come in at close to 1.9 million barrels a day, close to peak levels - though that still includes a period under the US permit that was allowed to expire over the weekend

India can ride out crude supply disruption after Russian oil waiver ends
Updated On : 18 May 2026 | 2:09 PM IST

NTPC backs domestic nuclear tech, warns against supply chain dependence

Most of India's existing fleet uses locally designed reactors, while the 2-gigawatt Kudankulam plant in the country's south that's powered by Russian reactors, is the only one using foreign technology

NTPC backs domestic nuclear tech, warns against supply chain dependence
Updated On : 18 May 2026 | 1:57 PM IST

Trump filing reveals investments in sushi chain, Nvidia, Apple and Amazon

The filing shows that he or his investment advisers made more than 3,700 trades in the first quarter, reigniting conflict-of-interest concerns around the Trump administration

Trump filing reveals investments in sushi chain, Nvidia, Apple and Amazon
Updated On : 18 May 2026 | 12:19 PM IST

Bitcoin falls below $77k to two-week low as liquidations top half a billion

Bitcoin's price slumped as cryptocurrencies across the board saw nearly $500 million in liquidations of bullish bets within 15 minutes during early Asia trading on Monday

Bitcoin falls below $77k to two-week low as liquidations top half a billion
Updated On : 18 May 2026 | 12:09 PM IST

Russia expands LNG dark fleet with four tankers to ramp up Arctic exports

The developments mean that there are now at least 20 tankers being used to ferry LNG from sanctioned Russian projects

Russia expands LNG dark fleet with four tankers to ramp up Arctic exports
Updated On : 18 May 2026 | 10:03 AM IST

Rare Ebola's silent spread in Congo exposes gaps in surveillance system

About 350 suspected cases and 91 deaths have been reported in northeastern Congo, the country's health minister Roger Kamba said on Sunday

Rare Ebola's silent spread in Congo exposes gaps in surveillance system
Updated On : 18 May 2026 | 8:33 AM IST

Standard Chartered appoints Manus Costello as new Chief Financial Officer

De Giorgi's departure in February to join Apollo Global Management Inc was unexpected for investors and analysts, who viewed him as a key figure behind the bank's cost-cutting effort

Standard Chartered appoints Manus Costello as new Chief Financial Officer
Updated On : 18 May 2026 | 7:52 AM IST

US to mull action if China overcapacity found, says trade envoy Greer

Trade was a focus when Chinese President Xi Jinping hosted Trump for a summit last week, though both sides have released limited details on deals and Trump said tariffs weren't discussed

US to mull action if China overcapacity found, says trade envoy Greer
Updated On : 17 May 2026 | 11:04 PM IST

Samsung and labor union to meet in 'last chance' to avert strike

Kim estimated the labor action would cost up to 1 trillion won ($668 million) for every day the Samsung chip factory is shut

Samsung and labor union to meet in 'last chance' to avert strike
Updated On : 17 May 2026 | 8:08 PM IST

India missed out on AI and now its run as 'market darling' may be over

In a stark shift, the country's stock market is on the verge of dropping out of the world's five biggest for the first time in three years

India missed out on AI and now its run as 'market darling' may be over
Updated On : 17 May 2026 | 6:38 AM IST

China, US agree to reduce levies on unspecified products to boost trade

The ministry issued the statement on Saturday following a two-day summit in Beijing between US President Donald Trump and Chinese leader Xi Jinping

China, US agree to reduce levies on unspecified products to boost trade
Updated On : 16 May 2026 | 6:56 PM IST

Rare Ebola virus strain with no approved vaccine kills dozens in Congo

About 246 suspected cases and 65 deaths have been reported mainly in Mongbwalu and Rwampara health zones in Ituri province, near the Ugandan border, in Democratic Republic of Congo

Rare Ebola virus strain with no approved vaccine kills dozens in Congo
Updated On : 16 May 2026 | 10:54 AM IST

Berkshire amasses $2.6 bn stake in Delta Airlines under new CEO Greg Abel

The Omaha, Nebraska-based company said it had purchased 39.8 million shares in the airline as of the end of March, according to a regulatory filing

Berkshire amasses $2.6 bn stake in Delta Airlines under new CEO Greg Abel
Updated On : 16 May 2026 | 8:41 AM IST

Starbucks to open first corporate office in India for tech operations

Starbucks is looking to bring some roles that were being done by third-party contractors back in-house, according to the message from Chief Technology Officer Anand Varadarajan

Starbucks to open first corporate office in India for tech operations
Updated On : 16 May 2026 | 8:24 AM IST

US starting to witness heavy job losses in occupations exposed to AI

A group of 18 occupations flagged by the Bureau of Labor Statistics as exposed to AI, accounting for about 10 million jobs, saw a 0.2% drop in employment between May 2024 and May 2025

US starting to witness heavy job losses in occupations exposed to AI
Updated On : 16 May 2026 | 8:22 AM IST

Trump, Xi push for reopening Hormuz, but Iran tensions remain unresolved

On his way back from China, Trump also told reporters he spoke with Xi about potentially lifting sanctions on Chinese oil companies that buy Iranian crude

Trump, Xi push for reopening Hormuz, but Iran tensions remain unresolved
Updated On : 16 May 2026 | 8:18 AM IST

Trump's financial filings show 3,700 stock trades in three months

In the first quarter, the president bought at least $1 million each in companies including Nvidia Corp., Oracle Corp., Microsoft Corp., Boeing Co. and Costco Wholesale Corp., according to documents

Trump's financial filings show 3,700 stock trades in three months
Updated On : 16 May 2026 | 8:02 AM IST