Page 415 - Bloomberg/reuters

ECB's Philip lane sees inflation slowing significantly later this year

While price pressures won't hit the ECB's goal until sometime in 2025, the recent decline in energy will reduce costs across the economy before long, he said in a podcast produced by the central bank

Byju's Aakash unit forced to rework board after breaching loan agreement

Davidson Kempner, which manages more than $38 billion, forced the changes in Aaksah's board as the borrower was in breach of some covenants on a $250 million loan

Troubled Byju's misses target to amend its $1.2 billion loan terms

The company failed to decide on revisions sought by lenders in the loan's terms, including part repayment and higher interest payment

Apple, Samsung halt laptop imports to India after sudden restrictions

Regulators on Thursday surprised the world's biggest PC makers when they made licenses mandatory for import of electronics from small tablets to all-in-one PCs without a licence

Apple faces longest streak of sales slowdown in 2 decades as iPhone slumps

After the company reported a revenue decline of 1.4% in the fiscal third quarter, Chief Financial Officer Luca Maestri said on a conference call that Apple's performance would be similar this period

Google illegally cut contract staffers who worked on AI, alleges union

The Alphabet Workers Union accused the internet giant of violating federal labor law, which prohibits retaliation against employees for organizing

Apple hits record iPhone sales mark in India despite global slowdown

The company, which just opened its first stores in the country, is planning to extend its network in India as part of an Asia-wide thrust

Prices begin to pinch Turkey again, inflation jumps to nearly 48%

The median forecast in a Bloomberg survey of economists was 46.8 per cent Monthly inflation reached 9.5 per cent.

India considers allowing private companies to develop nuclear plants

State-run NTPC Ltd., the country's largest power producer, has emerged as a nuclear champion, betting big on SMRs as they're quicker to build and easier to adjust to grid requirements

Morgan Stanley cuts rating on China stocks, asks investors to take profits

Chinese assets have gotten a boost in recent days amid a slew of promises from Beijing to spur growth and revitalise the nation's flagging private sector

Winter vanishes, heat scorches the Andes as climate change meets El Nino

"What to do?" Chilean Environment Minister Maisa Rojas, who is also a physicist and climatologist, said in a series of Twitter posts. "We know the solution: stop burning fossil fuels urgently!

India considers allowing private companies to develop nuclear plants

The country is reviewing its six-decade-old atomic energy law to allow more involvement from non-state companies, federal atomic energy minister Jitendra Singh said Wednesday

Wells Fargo to tap corporate bond market despite US credit downgrade

The deal comes just after Fitch downgraded the US sovereign credit grade one level to AA+ from AAA, arguing the nation's fiscal health will likely deteriorate over the next three years

Brics will move forward on expansion at summit, says South Africa

Heads of state from Brazil, Russia, India, China and South Africa will make a pronouncement on the enlargement of the group when they meet Aug. 22-24, Anil Sooklal said

Standard Chartered sees senior banker exits in India as rivals circle

Standard Chartered Plc is losing several senior long-serving executives in its India operations, with some heading for new opportunities at rival local banks

US companies added more jobs in July than expected, up 324,000: ADP

Wage growth continued to decelerate. Workers who stayed in their jobs experienced a 6.2% pay increase in July from a year ago, the slowest since November 2021

India's overall unemployment rate falls in July due to farm demand

The total joblessness rate fell to 7.95% in July, from 8.45% in June, according to data released by private forecaster Centre for Monitoring Indian Economy

Amazon, Google wooed by India for $750 million cricket rights: Reports

The proposed starting date of the auction process for the media rights of the so-called bilateral series, played by the Indian team against other countries

Rice supply faces new threat as Thailand urges crop curbs to save water

Farmers in the key central region have already planted most of their rice but the government is encouraging a switch to other crops that need less water

Prominent economists criticise Fitch Rating's decision to downgrade US

Former Treasury Secretary Summers said while there are reasons for concern about the long-run trajectory of the US deficit, the country's ability to service its debts wasn't in doubt