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Bloomberg

Bloomberg

Page 300 - Bloomberg/reuters

Boeing blowout occurred hours before key US deal on 737 Max crashes expired

That deal resolved a probe into Boeing following the crashes of Lion Air Flight 610 in October 2018 and Ethiopian Airlines Flight 302 in March of 2019, which together killed 346 passengers and crew

Boeing blowout occurred hours before key US deal on 737 Max crashes expired
Updated On : 09 Jan 2024 | 11:39 PM IST

ICICI hiring 30 investment bankers on expectations of record fundraising

Positions range from associate to executive vice president level, with most of the senior hires coming from rival banks, Saraf told Bloomberg News in a recent interview in Mumbai.

ICICI hiring 30 investment bankers on expectations of record fundraising
Updated On : 09 Jan 2024 | 11:08 PM IST

Zee reported to have missed $200 mn cricket fee deadline to Disney

The Indian entertainment company was betting on the TV rights to retain its viewership and attract more advertisers in the cricket-crazy nation of more than 1.4 billion people

Zee reported to have missed $200 mn cricket fee deadline to Disney
Updated On : 09 Jan 2024 | 10:28 PM IST

Mobileye agrees to supply ADAS tech to M&M as it eyes growth in India

Mobileye also forecast a decline in sales of 50% year-on-year in the current first quarter as customers and automakers work through a backlog of ADAS chips and have stopped placing orders

Mobileye agrees to supply ADAS tech to M&M as it eyes growth in India
Updated On : 09 Jan 2024 | 7:37 PM IST

Bitcoin traded just below $47,000 mark as ETF frenzy continues: Report

The world's largest cryptocurrency briefly swung above $47,000 late on Monday boosted by excitement over several filings revealing what potential ETF issuers planned to charge in fees for the products

Bitcoin traded just below $47,000 mark as ETF frenzy continues: Report
Updated On : 09 Jan 2024 | 6:39 PM IST

Energy conundrum: Govt to double coal production despite climate goals

Later, the power minister Raj Kumar Singh set out plans on Dec. 22 to add 88 gigawatts of thermal power plants by 2032. The vast majority of which will burn coal

Energy conundrum: Govt to double coal production despite climate goals
Updated On : 09 Jan 2024 | 4:30 PM IST

Starbucks plans to double stores in India as coffee consumption booms

The global coffee giant wants to operate 1,000 stores in India by 2028, and the focus will be in so-called tier-2 and tier-3 cities - those outside of its biggest metropolises

Starbucks plans to double stores in India as coffee consumption booms
Updated On : 09 Jan 2024 | 12:49 PM IST

J&J to pay $700 mn to settle talc investigation by more than 40 US states

Shares of J&J fell slightly as trading began Monday morning in New York, but closed with a 0.25 per cent gain at $161.53. The stock fell 11 per cent last year

J&J to pay $700 mn to settle talc investigation by more than 40 US states
Updated On : 09 Jan 2024 | 8:32 AM IST

China wants its massive EV fleet to plug in and charge the power grid

China plans to lean further into vehicle-to-grid tech.

China wants its massive EV fleet to plug in and charge the power grid
Updated On : 09 Jan 2024 | 8:27 AM IST

China's invasion of Taiwan to cost around $10 trn, nearly 10% of global GDP

China's rising economic and military heft, Taiwan's burgeoning sense of national identity, and fractious relations between Beijing and Washington mean the conditions for a crisis are in place

China's invasion of Taiwan to cost around $10 trn, nearly 10% of global GDP
Updated On : 09 Jan 2024 | 7:09 AM IST

Moderna sales beat estimates at $6.7 bn last year on rising vaccine share

The company said Monday it still expects revenue to fall sharply this year to about $4 billion. It forecasts a return to sales growth in 2025 and to break even the following year

Moderna sales beat estimates at $6.7 bn last year on rising vaccine share
Updated On : 09 Jan 2024 | 12:11 AM IST

iPhone lands in functioning condition after 16,000 ft fall from Alaska Air

A new-generation Apple Inc. iPhone landed intact, unlocked and with hours of battery life remaining on a Portland, Oregon roadside, according to a post on X by a user calling himself Seanathan Bates

iPhone lands in functioning condition after 16,000 ft fall from Alaska Air
Updated On : 09 Jan 2024 | 12:01 AM IST

Boeing CEO's 2024 comeback plan takes another blow with Alaska Air episode

The latest, most serious, mishap occurred on the evening of Jan. 5, when a door-shaped panel ripped out as an Alaska Airlines 737 Max 9 climbed out of Portland, Oregon

Boeing CEO's 2024 comeback plan takes another blow with Alaska Air episode
Updated On : 09 Jan 2024 | 12:00 AM IST

India's exports may plunge $30 bn owing to disturbance in Red Sea

Yemen's Iran-backed Houthi militants have targeted vessels transiting through the Red Sea with missiles. The Houthis say they are going after any vessels that have a connection with Isreal

India's exports may plunge $30 bn owing to disturbance in Red Sea
Updated On : 08 Jan 2024 | 11:54 PM IST

Indian stocks to get first ETF in Gulf region as UAE deepens ties

There were an estimated 3.5 million Indian expatriates in the United Arab Emirates as of 2021, comprising about 30% of the Gulf country's population

Indian stocks to get first ETF in Gulf region as UAE deepens ties
Updated On : 08 Jan 2024 | 11:47 PM IST

Zee-Sony merger may be called off, termination notice to be filed by Jan 20

Discussions are still ongoing between the two sides and a resolution can still emerge before the deadline

Zee-Sony merger may be called off, termination notice to be filed by Jan 20
Updated On : 08 Jan 2024 | 11:15 PM IST

Foxconn arm in India set to lose country head Foulger as it eyes expansion

Bharat FIH has postponed plans to list on Indian stock exchanges, and has yet to make significant headway on its ambition to start manufacturing electric two-wheelers

Foxconn arm in India set to lose country head Foulger as it eyes expansion
Updated On : 08 Jan 2024 | 10:39 PM IST

Central banks worldwide to ease monetary policy in coming year: Report

After racing ahead with the most aggressive tightening campaign in decades during 2022, 2023, central banks around the world poised to begin easing monetary policy as inflation continues to retreat

Central banks worldwide to ease monetary policy in coming year: Report
Updated On : 08 Jan 2024 | 10:15 PM IST

Blackstone's first private equity fund for rich individuals gets $1.3 bn

The cash pile, disclosed in a filing Monday, underscores the intensifying race among alternative investment firms to court private wealth as key sources of institutional money dry up

Blackstone's first private equity fund for rich individuals gets $1.3 bn
Updated On : 08 Jan 2024 | 8:50 PM IST

Mukesh Ambani owns type of Boeing involved in Alaska Air accident

Reliance Industries added the Boeing 737-9 Max to its corporate fleet last year, according to media reports at the time

Mukesh Ambani owns type of Boeing involved in Alaska Air accident
Updated On : 08 Jan 2024 | 3:23 PM IST