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India planning labour supply pact with Taiwan while China tensions brew

Taiwan could hire as many as 100,000 Indians to work at factories, farms and hospitals, the officials said, asking not to be identified as the discussions are private

India needs 8%-8.5% growth to create enough jobs, says Raghuram Rajan

While India's expansion has outpaced that of other major economies, the country isn't creating enough jobs for the millions of people joining the workforce every year

US likely to press India on countering China more in Asian waterways

The US wants India to share some of its burden in the Indo-Pacific by increasing its diplomatic and military presence in the region, Indian officials aware of the details said

Loss of smell caused by coronavirus takes upto three years to return: Study

More than a quarter of the Covid group still experienced olfactory dysfunction two years after infection, but after three years, the condition wasn't significantly more common than in controls

Huawei's chipmaker warns geopolitical tensions creating global chip glut

That outlook clashes with more upbeat comments from Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. about mobile demand bottoming soon

Buffett owned Berkshire Hathaway's cash at record $157 bn after deal slump

The hoard - which Berkshire has largely parked in short-term Treasuries - surpassed the previous high set two years ago, the Omaha, Nebraska-based firm said on Saturday

Byju's lenders win fight over $1.2 billion loan default, control of unit

Lenders have been pushing hard for the repayment of the $1.2 billion loan amid the company's mounting distress after a pandemic-era boom in online learning fizzled out

Alphabet CEO Sundar Pichai to testify in Google Play trial on Tuesday

Epic, which makes the popular Fortnite game, plans to call Pichai on Tuesday to testify in San Francisco federal court for the trial that began Nov. 6, an Epic spokeswoman told Bloomberg News

India's choking Diwali smoke billows from a failed stubble burning policy

The main focus of efforts to end the stubble-burning in recent years has been mechanization

Rs 5,000 cr sovereign green bond sale to test demand amid higher rates

The debut sale in January raised 80 billion rupees, garnering a so-called greenium of six basis points over the benchmark yield

Novavax plans to slash costs by another $300 mn amid sagging demand

Novavax shares rose 3.1% at 10:26 a.m. in New York after the company's third-quarter loss per share and revenue were better than analysts expected

Disney tops profit estimates, seeks extra $2 billion in cost savings

Runaway expenses and the missing dividend were two key issues raised by activist investor Nelson Peltz, who is once again seeking board representation at the comany

Google fails to improves products until under pressure, US argues

"We didn't know what would happen" with the choice screen, testified Ben Gomes, who was head of Google's search team at the time. "This was trying to figure out what would happen"

Picasso sells for $139 million, artist's second highest in history

Auctioneer Oliver Barker began bidding on the Picasso at $95 million, climbing quickly to $110 million in $5 million increments

Russia-linked hackers claim responsibility for OpenAI outage this week

The group presents itself as a "hacktivist" gang that is waging attacks out of Africa on behalf of oppressed Muslims worldwide

Adani flagship aims big on data centers with $1.5 bn capex planned

The company is planning to build nine data centers and targeting a total capacity of 1 gigawatt by 2030

ArcelorMittal SA's Q3 profit drops as steel market demand weakens

"The company remains positive on the medium/long-term steel demand outlook," ArcelorMittal said in a statement on Thursday

SoftBank Group's vision fund reports another loss of $1.7 billion

The Vision Fund segment reported a loss of ¥258.9 billion ($1.7 billion) in the September quarter, compared with a ¥1.02 trillion loss a year ago

Former WeWork CEO Adam Neumann remains billionaire despite co's bankruptcy

"It has been challenging for me to watch from the sidelines as WeWork has failed to take advantage of a product that is more relevant today than ever before," Neumann, 44, said in a statement

Half of US is at risk of losing power during extreme cold, say officials

Regional system operators in a vast swath of the country stretching from Texas to New England are "at risk of insufficient electricity supplies during peak winter conditions,"