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Bloomberg

Bloomberg

Page 397 - Bloomberg/reuters

Returning to office is $1.3 trillion problem that only few have figured out

Asian nations did a better job keeping Covid-19 under wraps in the pandemic's first year, so people there didn't get as accustomed to working from home

Returning to office is $1.3 trillion problem that only few have figured out
Updated On : 05 Sep 2023 | 11:46 PM IST

OpenAI CEO Sam Altman becomes first person to get Indonesian 'golden visa'

The co-founder of the ChatGPT creator would enjoy priority security screening at airports, longer stay periods and easier entry and exit processes, among other perks

OpenAI CEO Sam Altman becomes first person to get Indonesian 'golden visa'
Updated On : 05 Sep 2023 | 11:45 PM IST

Country Garden pays dollar bond interest within grace period: Report

Among the most indebted property firms in the world, Country Garden told some holders of the notes about the payment, the creditors said, asking not to be identified discussing a private matter

Country Garden pays dollar bond interest within grace period: Report
Updated On : 05 Sep 2023 | 11:45 PM IST

The great reversal: India back on FPI radar in 2023, overtaking China

Global investors bought $17.2 billion worth of shares on a net basis this year through September 1, which more than made up for their retreat in 2022

The great reversal: India back on FPI radar in 2023, overtaking China
Updated On : 05 Sep 2023 | 11:05 PM IST

Mercedes CEO Kallenius changes tune on China as 'economic wonder' stalls

Mercedes-Benz Group AG had enjoyed a string of successful years in the country, the chief executive officer said, but the best was yet to come

Mercedes CEO Kallenius changes tune on China as 'economic wonder' stalls
Updated On : 05 Sep 2023 | 8:13 PM IST

Gulf royal's $1.5 trillion empire draws global bankers, billionaires

Over the past few months, Sheikh Tahnoon bin Zayed Al Nahyan has gained control of the largest sovereign wealth fund in the United Arab Emirates, expanding the assets he oversees to almost $1.5 trn

Gulf royal's $1.5 trillion empire draws global bankers, billionaires
Updated On : 05 Sep 2023 | 8:10 PM IST

Microsoft expands UAE's G42 partnership to include cloud, AI tools

"With data privacy, security, and compliance as our core priorities, we have a unique opportunity to help organizations responsibly innovate," Microsoft Chief Commercial Officer Judson Althoff said

Microsoft expands UAE's G42 partnership to include cloud, AI tools
Updated On : 05 Sep 2023 | 7:40 PM IST

Huawei's chip advance is part of China's history of grievance against west

History has lots of examples of technology spreading in spite of government attempts at monopoly - mostly to the detriment of China

Huawei's chip advance is part of China's history of grievance against west
Updated On : 05 Sep 2023 | 10:21 AM IST

US President Biden to skip the Asean Summit, here's why it is a mistake

"It is a cold, calculated decision to reinforce the ongoing stress on consolidating individual allies and partners like Japan, South Korea, the Philippines and now Vietnam," says Michael Vatikiotis

US President Biden to skip the Asean Summit, here's why it is a mistake
Updated On : 05 Sep 2023 | 10:06 AM IST

Here's how China's Country Garden can crawl out of its debt crisis

It won't be easy. Country Garden doesn't benefit much from the government's latest measures, at least not immediately

Here's how China's Country Garden can crawl out of its debt crisis
Updated On : 05 Sep 2023 | 10:00 AM IST

PM Modi turns G20 Summit into not-so-subtle election kickoff in the country

The deluge of advertising is part of a marketing blitz to greet nearly 30 world leaders descending on India's capital this week for the Group of 20 summit

PM Modi turns G20 Summit into not-so-subtle election kickoff in the country
Updated On : 05 Sep 2023 | 9:36 AM IST

Elon Musk blames anti-defamation league for slump in X's US ad revenue

Ad sales are still down 60 per cent "primarily due to pressure on advertisers" mounted by the ADL, Musk said in a series of posts Monday

Elon Musk blames anti-defamation league for slump in X's US ad revenue
Updated On : 05 Sep 2023 | 9:18 AM IST

China's slowdown means it may never overtake US economy, forecast shows

That's according to Bloomberg Economics, which now forecasts it will take until the mid-2040s for China's gross domestic product to exceed that of the US

China's slowdown means it may never overtake US economy, forecast shows
Updated On : 05 Sep 2023 | 9:06 AM IST

Alien species threaten food supply, public health, and cost $423 billion

More than 37,000 alien species have been introduced worldwide as a result of human activity - transported from one location to another in ships' ballast water, for instance

Alien species threaten food supply, public health, and cost $423 billion
Updated On : 04 Sep 2023 | 11:49 PM IST

Arm Ltd's IPO expectations tempered as roadshow kicks off: Report

The SoftBank Group Corp.-owned chip unit now seeks to raise $5 billion to $7 billion, down from as much as $10 billion it previously sought, Bloomberg News reported

Arm Ltd's IPO expectations tempered as roadshow kicks off: Report
Updated On : 04 Sep 2023 | 11:47 PM IST

Alibaba Group cloud eyes state firms for up to $3 billion fundraising

Alibaba planned to spin off the unit by distributing a stock dividend to shareholders within 12 months, the company announced in May

Alibaba Group cloud eyes state firms for up to $3 billion fundraising
Updated On : 04 Sep 2023 | 11:46 PM IST

China planning to create new agency to promote private sector growth

The private economy development bureau will be responsible for tracking and analyzing the state of the industry, along with coordinating and drafting policies

China planning to create new agency to promote private sector growth
Updated On : 04 Sep 2023 | 11:46 PM IST

Big tech braces for EU's biggest clampdown on anti-competitive practices

Big Tech is bracing for the European Union's biggest ever clampdown on anti-competitive practices in the digital economy, potentially provoking a new wave of legal battles

Big tech braces for EU's biggest clampdown on anti-competitive practices
Updated On : 04 Sep 2023 | 8:34 PM IST

Huawei chip shows US curbs on China's semiconductor are porous, not useless

Regulations announced by the US Commerce Department in October last year restrict the export of manufacturing tools that can churn out processors at 16 nanometers or below

Huawei chip shows US curbs on China's semiconductor are porous, not useless
Updated On : 04 Sep 2023 | 3:06 PM IST

September rains will limit risks to food supplies, says Food Secy Chopra

India, the world's top rice shipper, has now restricted exports of every variety of the staple. It is also selling tomatoes, onions and grains from state reserves to improve local supplies

September rains will limit risks to food supplies, says Food Secy Chopra
Updated On : 04 Sep 2023 | 1:05 PM IST