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Bloomberg

Bloomberg

Page 602 - Bloomberg/reuters

Tata Consumer in acquisition talks with at least five consumer brands

Tata group will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani's Reliance Industries Ltd

Tata Consumer in acquisition talks with at least five consumer brands
Updated On : 19 May 2022 | 1:56 AM IST

Apple delays plan to have staff in office three days a week from May 23

Apple was set to require employees to work from the office on Mondays, Tuesdays and Thursdays beginning next week -- a policy that had been controversial among some staff.

Apple delays plan to have staff in office three days a week from May 23
Updated On : 19 May 2022 | 1:30 AM IST

Twitter board says planning to enforce Elon Musk's merger agreement

The board's statement comes as Musk appears to be maneuvering to ditch or renegotiate his offer

Twitter board says planning to enforce Elon Musk's merger agreement
Updated On : 19 May 2022 | 1:13 AM IST

Sri Lanka can't find cash to pay even one ship for petrol, says minister

Prime Minister has said the nation is working to obtain dollars in the open market to also pay for three ships with crude oil.

Sri Lanka can't find cash to pay even one ship for petrol, says minister
Updated On : 18 May 2022 | 4:50 PM IST

US readying an arms-aid package to wean India away from Russian weapons

The effort is part of a much larger initiative by Joe Biden's administration to court India as a long-term security partner, despite its reluctance to criticize Russia for its invasion of Ukraine

US readying an arms-aid package to wean India away from Russian weapons
Updated On : 18 May 2022 | 9:51 AM IST

China, US are racing to make billions from mining the moon's minerals

Just like in the era of Sputnik and Apollo more than half a century ago, world leaders are again racing to achieve dominance in outer space

China, US are racing to make billions from mining the moon's minerals
Updated On : 18 May 2022 | 9:47 AM IST

World's food baskets need a better safety net as India curbs wheat exports

The world had been counting on Indian grain after the war in Ukraine, drought in Argentina and floods in Australia cut production from those countries

World's food baskets need a better safety net as India curbs wheat exports
Updated On : 18 May 2022 | 8:28 AM IST

Sri Lanka's shattered economy awaits new finance head and rate hike

Prime Minister Ranil Wickremesinghe, appointed last week, is expected to soon choose a finance minister, who will help lead talks with the International Monetary Fund over badly needed aid

Sri Lanka's shattered economy awaits new finance head and rate hike
Updated On : 18 May 2022 | 12:37 AM IST

After tepid market debut, antsy LIC investors seek Aramco-style dividend

Some investors and analysts are concerned that the price could drop even more because of little growth prospects for the legacy business, risks of further disinvestment by the govt

After tepid market debut, antsy LIC investors seek Aramco-style dividend
Updated On : 17 May 2022 | 9:08 PM IST

LIC debut is 2nd worst among 11 global firms that raised over $1 bn in 2022

The poor listing is set to disappoint millions of small-time investors who bid enthusiastically for the issue because of their long and emotional association with the insurer and its products

LIC debut is 2nd worst among 11 global firms that raised over $1 bn in 2022
Updated On : 17 May 2022 | 9:05 PM IST

Bitcoin edges past $30,000-mark as traders assess stablecoin fallout

The world's largest cryptocurrency rose 2% to about $30,500 as of 9:08 a.m. in London. Other coins from Ether to Avalanche also posted modest gains.

Bitcoin edges past $30,000-mark as traders assess stablecoin fallout
Updated On : 17 May 2022 | 6:55 PM IST

Buffett's Berkshire tweaks bank play with $2.9-billion bet on Citi

Buffett, Berkshire's chief executive officer and chairman, his investing deputies have been on one of Berkshire's biggest buying sprees, with about $41 billion of net purchases during first quarter

Buffett's Berkshire tweaks bank play with $2.9-billion bet on Citi
Updated On : 17 May 2022 | 6:34 PM IST

China's Covid exit hinges on vaccinating its vulnerable elderly people

China is now paying a price for this vulnerability, with its economy struggling under the weight of chaotic lockdowns and increasingly unpredictable measures aimed at snuffing out all cases and shield

China's Covid exit hinges on vaccinating its vulnerable elderly people
Updated On : 17 May 2022 | 3:49 PM IST

Microsoft to 'nearly double' budget for salary hikes to retain employees

Microsoft's salary package is composed of base salary, bonus and stock. The changes will apply to a substantial part of the company's workforce, which stood at 181,000 as of June 30, 2021.

Microsoft to 'nearly double' budget for salary hikes to retain employees
Updated On : 17 May 2022 | 3:28 PM IST

Looking to hide your wealth? There's no country more helpful than the US

President Joe Biden has made transparency reforms a key pillar of his foreign policy, vowing to tackle tax evasion and money laundering

Looking to hide your wealth? There's no country more helpful than the US
Updated On : 17 May 2022 | 8:46 AM IST

Sri Lanka's new PM to sell national airline, print money to pay salaries

Wickremesinghe -- less than a week into the job -- said he was forced to print money to pay salaries, which will pressure the nation's currency

Sri Lanka's new PM to sell national airline, print money to pay salaries
Updated On : 17 May 2022 | 8:31 AM IST

Byju's in talks to acquire US target, likely to bid for Chegg or 2U

The Indian education pioneer is the country's most valuable startup, with a valuation of $22 billion

Byju's in talks to acquire US target, likely to bid for Chegg or 2U
Updated On : 17 May 2022 | 8:16 AM IST

Google transmits our personal data 70 billion times in a day: Report

Each time you open an app on your phone or browse the web, an auction for your eyeballs is taking place behind the scenes thanks to a thriving market for personal data

Google transmits our personal data 70 billion times in a day: Report
Updated On : 17 May 2022 | 2:32 AM IST

European Union gives companies green light to keep Russian gas flowing

The European Commission sent its revised guidelines to member states on Friday, a spokesperson said on Monday

European Union gives companies green light to keep Russian gas flowing
Updated On : 17 May 2022 | 2:25 AM IST

China's economic activity in April collapses under Covid Zero policy

Industrial output unexpectedly fell 2.9 per cent in April from a year ago, while retail sales contracted 11.1 per cent in the period, weaker than a projected 6.6 per cent drop

China's economic activity in April collapses under Covid Zero policy
Updated On : 17 May 2022 | 1:45 AM IST