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Bloomberg

Bloomberg

Page 713 - Bloomberg/reuters

Apollo Global Management, GIP bid for $10-billion Aramco pipeline stake

Pension funds in Abu Dhabi and Saudi Arabia have separately submitted initial bids, the people said

Apollo Global Management, GIP bid for $10-billion Aramco pipeline stake
Updated On : 24 Feb 2021 | 2:17 AM IST

Tesla shares sink below the price at which it entered S&P 500 index

The stock dropped as much as 12% to $627.10 in New York on Tuesday

Tesla shares sink below the price at which it entered S&P 500 index
Updated On : 24 Feb 2021 | 12:46 AM IST

Jerome Powell signals Fed to keep buying bonds even as outlook improves

The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved, he said

Jerome Powell signals Fed to keep buying bonds even as outlook improves
Updated On : 23 Feb 2021 | 9:44 PM IST

Nasdaq erases this year's gains in 3% rout, hits lowest level since Jan 29

Tesla Inc. dropped as much as 13% as investors continued to punish stocks that have led the rally from the depths of the pandemic a year ago

Nasdaq erases this year's gains in 3% rout, hits lowest level since Jan 29
Updated On : 23 Feb 2021 | 8:42 PM IST

Wells Fargo sells asset management biz for $2.1 billion to reshape bank

The company agreed to sell Wells Fargo Asset Management to private equity firms GTCR LLC and Reverence Capital Partners

Wells Fargo sells asset management biz for $2.1 billion to reshape bank
Updated On : 23 Feb 2021 | 7:44 PM IST

EasyJet ticket sales surge as UK PM unveils plan for air travel return

EasyJet ticket sales more than quadrupled in the hours after Johnson said Monday that international trips may restart as soon as May 17

EasyJet ticket sales surge as UK PM unveils plan for air travel return
Updated On : 23 Feb 2021 | 3:30 PM IST

Bezos regains title of world's wealthiest person as Musk loses $15 bn

Tesla's biggest decline since September was fueled in part by Musk's comments over the weekend that the prices of Bitcoin and smaller rival Ether 'do seem high'

Bezos regains title of world's wealthiest person as Musk loses $15 bn
Updated On : 23 Feb 2021 | 2:13 PM IST

Texans will pay for decades as crisis tacks billions onto electricity bills

The price tag so far: $50.6 billion, the cost of electricity sold from early Monday, when the blackouts began, to Friday morning

Texans will pay for decades as crisis tacks billions onto electricity bills
Updated On : 23 Feb 2021 | 8:32 AM IST

Trump's tax returns, long guarded, will soon be in prosecutor's hands

Trump's refusal to release his taxes during the 2016 campaign marked a break with every presidential candidate of the last four decades

Trump's tax returns, long guarded, will soon be in prosecutor's hands
Updated On : 23 Feb 2021 | 8:18 AM IST

Bill Gates wants to team up more with Bezos to combat climate crisis

In his book, Gates uses the concept of a "Green Premium," the difference in price between a traditional, carbon-emitting technology like a gas-powered car and its green alternative, an electric car

Bill Gates wants to team up more with Bezos to combat climate crisis
Updated On : 23 Feb 2021 | 8:07 AM IST

China back as India's top trade partner, despite govt's 'atmanirbhar' push

Total imports from China at $58.7 billion were more than India's combined purchases from the US and the UAE

China back as India's top trade partner, despite govt's 'atmanirbhar' push
Updated On : 23 Feb 2021 | 7:58 AM IST

From best to worst: A 2020 winner in stock market is now the biggest loser

Health care is Asia's worst-performing sector this year

From best to worst: A 2020 winner in stock market is now the biggest loser
Updated On : 23 Feb 2021 | 2:31 AM IST

Bitcoin declines after Tesla CEO Elon Musk hints that prices are excessive

Bitcoin plunged as much as 17 per cent and briefly back below $50,000 in New York

Bitcoin declines after Tesla CEO Elon Musk hints that prices are excessive
Updated On : 23 Feb 2021 | 2:10 AM IST

Janet Yellen favors higher company tax, signals capital gains worth a look

The Fed already conducts tests to address vulnerability to economic or market downturns, and uses the results as a basis for financial institutions' capital requirements

Janet Yellen favors higher company tax, signals capital gains worth a look
Updated On : 23 Feb 2021 | 2:05 AM IST

Boeing tells airlines to ground 777 aircraft after engine failure

Two fan blades were fractured on the United flight, the National Transportation Safety Board said

Boeing tells airlines to ground 777 aircraft after engine failure
Updated On : 23 Feb 2021 | 1:55 AM IST

Want new factory to make car chips? That'll be $4 billion, please

It takes approximately $4 billion to set up a fab for the types of chips carmakers need

Want new factory to make car chips? That'll be $4 billion, please
Updated On : 22 Feb 2021 | 9:41 PM IST

Base metals edge higher; Copper surges above $9,000 on shortfall concerns

Copper climbed as much as 4 per cent on Monday and is heading for an unprecedented eleventh monthly rise in February

Base metals edge higher; Copper surges above $9,000 on shortfall concerns
Updated On : 22 Feb 2021 | 2:28 PM IST

India's visa curbs for Chinese workers hurting Taiwan tech giants

India has been slow to issue visas to Chinese engineers, who are needed to help Taiwanese companies set up factories in the South Asian nation

India's visa curbs for Chinese workers hurting Taiwan tech giants
Updated On : 19 Feb 2021 | 9:45 PM IST

$3.5-bn govt fund for finishing stalled housing projects begins to pay off

The 'Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects' (SWAMIH) fund was announced in November 2019

$3.5-bn govt fund for finishing stalled housing projects begins to pay off
Updated On : 19 Feb 2021 | 11:45 AM IST

Elon Musk should come clean; Tesla's carbon emissions are rising

A company that thrives on the power of the sun shouldn't hide the footprint of its own operations in shadow

Elon Musk should come clean; Tesla's carbon emissions are rising
Updated On : 18 Feb 2021 | 10:09 PM IST