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Bloomberg

Page 385 - Bloomberg/reuters

HP to make Chromebook laptops in India in win for PM Modi's tech push

India has been expanding its electronics manufacturing sector as companies diversify production beyond China amid growing Washington-Beijing tensions

HP to make Chromebook laptops in India in win for PM Modi's tech push
Updated On : 03 Oct 2023 | 1:23 PM IST

The bull case for emerging markets in 2023 is now finally shattering

Investors have also fled bonds, with both local- and hard-currency fixed income indexes sliding in the third quarter, according to data compiled by Bloomberg

The bull case for emerging markets in 2023 is now finally shattering
Updated On : 02 Oct 2023 | 8:19 AM IST

Between manufacturing and services, can AI show India a third way to grow?

Even if generative artificial intelligence has been overhyped, it's safe to assume that ChatGPT-type bots will only get better at routine tasks like writing computer software

Between manufacturing and services, can AI show India a third way to grow?
Updated On : 02 Oct 2023 | 7:57 AM IST

Jindal Steel denies it agreed to invest in Venezuela's iron ore plant

Jindal Steel & Power "completely and categorically denies signing of any agreement or committing to any investment in Venezuela," according to a statement

Jindal Steel denies it agreed to invest in Venezuela's iron ore plant
Updated On : 02 Oct 2023 | 7:24 AM IST

Microsoft's Satya Nadella to testify at Google antitrust trial Monday

Last week, Microsoft business development executive Jonathan Tinter testified that the Redmond, Washington-based software giant failed to secure a deal to put its Bing search app on Apple's products

Microsoft's Satya Nadella to testify at Google antitrust trial Monday
Updated On : 02 Oct 2023 | 7:21 AM IST

Retailers in UK demand immediate action to stop wave of shoplifting

Tesco recently started offering body cameras to its staff for better protection and Aldi is currently trialling the idea

Retailers in UK demand immediate action to stop wave of shoplifting
Updated On : 01 Oct 2023 | 11:34 PM IST

Good progress on bringing down inflation, says British PM Rishi Sunak

"Inflation is making people feel poorer, the quicker we bring inflation down the better it is, and that is why it is the right priority, and we are making good progress," Sunak told the BBC

Good progress on bringing down inflation, says British PM Rishi Sunak
Updated On : 01 Oct 2023 | 11:29 PM IST

Software, apps behind iPhone overheating; fixing issue, says Apple

The latest high-end device includes a titanium frame, a first for the iPhone, as well as an A17 Pro chip with enhanced graphics component for improved gaming

Software, apps behind iPhone overheating; fixing issue, says Apple
Updated On : 01 Oct 2023 | 11:08 PM IST

Poorest monsoon in five years likely to dim India's sugar export outlook

India relies on rains to irrigate about half of its farmland, received 820 millimeters (32.3 inches) of rainfall during the June-September monsoon season, 6% less than the long-term

Poorest monsoon in five years likely to dim India's sugar export outlook
Updated On : 30 Sep 2023 | 11:54 PM IST

Chocolate prices can rise even further if Africa's cocoa crop fails

For now, how West Africa's harvest fares will be the key driver of cocoa prices

Chocolate prices can rise even further if Africa's cocoa crop fails
Updated On : 30 Sep 2023 | 11:22 PM IST

New York City streets flooded, multiple subway lines snarled by downpour

New York Governor Kathy Hochul declared a state of emergency Friday across all of New York City, Long Island and the Hudson Valley, saying state agencies were prepared to offer assistance

New York City streets flooded, multiple subway lines snarled by downpour
Updated On : 30 Sep 2023 | 11:17 AM IST

Chinese stock investors say worst yet to come in country's property crisis

Sentiment has only worsened this week as worries about liquidity and weak housing demand intensified

Chinese stock investors say worst yet to come in country's property crisis
Updated On : 30 Sep 2023 | 11:00 AM IST

China's manufacturing activity expands for first time since March

Along with looser monetary policy, the country has also seen an uptick in local government borrowing for infrastructure as authorities look for ways to support growth

China's manufacturing activity expands for first time since March
Updated On : 30 Sep 2023 | 10:47 AM IST

BP's US prez David Lawler quits just weeks after CEO Looney's resignation

The high-profile departure comes only two weeks after Looney resigned, admitting to not fully disclosing relationships with colleagues

BP's US prez David Lawler quits just weeks after CEO Looney's resignation
Updated On : 30 Sep 2023 | 8:23 AM IST

Weight loss drugs like Ozempic, Wegovy would reduce airlines' costs

There could be a more than $100 billion global market for such medicines, with sales climbing quickly through the end of the decade

Weight loss drugs like Ozempic, Wegovy would reduce airlines' costs
Updated On : 30 Sep 2023 | 7:28 AM IST

Europe's richest royal family builds nearly $300 billion finance empire

"We continue to look," Olivier de Perregaux, 58, chief executive officer of LGT Private Banking, said in a recent interview. "We are, however, primarily focusing on organic growth."

Europe's richest royal family builds nearly $300 billion finance empire
Updated On : 29 Sep 2023 | 11:41 PM IST

LVMH billionaire Bernard Arnault probed over possible money laundering

The investigation into Arnault and Nikolai Sarkisov involves transactions related to property in the exclusive ski resort of Courchevel, according to Le Monde newspaper

LVMH billionaire Bernard Arnault probed over possible money laundering
Updated On : 29 Sep 2023 | 10:20 PM IST

Standard Chartered does not see rupee cross 84 even if dollar climbs

Sinha said the RBI will continue to maintain tight liquidity conditions to help support the rupee unless "we see big shocks from the global markets or if crude starts trending higher"

Standard Chartered does not see rupee cross 84 even if dollar climbs
Updated On : 29 Sep 2023 | 2:56 PM IST

Hindustan Zinc plans to create separate entities for its commodities

Hindustan Zinc Ltd said in a statement that it would create different legal entities for its zinc & lead, silver, and recycling businesses

Hindustan Zinc plans to create separate entities for its commodities
Updated On : 29 Sep 2023 | 2:39 PM IST

Credit Suisse flags $2 bn loss as wind-down proceeds after UBS acquisition

The losses from the loan portfolios won't affect UBS's third-quarter results because the impact was previously taken into account, according to Andreas Venditti, an analyst

Credit Suisse flags $2 bn loss as wind-down proceeds after UBS acquisition
Updated On : 29 Sep 2023 | 1:57 PM IST