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Bloomberg

Bloomberg

Page 772 - Bloomberg/reuters

Cash levels jump to highest since 9/11 terrorist attacks: BoFA survey

Fund managers have shunned risk, with equity allocations the lowest since the 2009 financial crisis

Cash levels jump to highest since 9/11 terrorist attacks: BoFA survey
Updated On : 15 Apr 2020 | 2:02 AM IST

Gold, equities show unusual sync in March; nosedive, recover at same times

Both nosedived in mid-March amid panic selling and forced margin calls; each then recovered by about 20% as central banks and governments kicked in more stimulus

Gold, equities show unusual sync in March; nosedive, recover at same times
Updated On : 15 Apr 2020 | 1:40 AM IST

AstraZeneca plans to test new cancer medicine in coronavirus battle

The treatment for lymphoma may lessen the severity of respiratory distress by reducing the inflammation caused by the new coronavirus

AstraZeneca plans to test new cancer medicine in coronavirus battle
Updated On : 14 Apr 2020 | 9:34 PM IST

70 vaccines in the works, with three leading candidates, says WHO

The drug industry is hoping to compress the time it takes to get a vaccine to market - usually about 10 to 15 years - to within the next year

70 vaccines in the works, with three leading candidates, says WHO
Updated On : 14 Apr 2020 | 1:43 AM IST

Will market recover? Indian stocks lose premium to bonds amid global crisis

The 25% tumble in the index has meant that stocks currently offer an earnings yield of about 5.25%, compared with the domestic benchmark 10-year yield of about 6.50%

Will market recover? Indian stocks lose premium to bonds amid global crisis
Updated On : 14 Apr 2020 | 1:34 AM IST

SoftBank's $2-billion guarantee at risk as pandemic hits Oyo business

Oyo risks turning into another problem startup for SoftBank and Son, still reeling from the meltdown at the shared-office company WeWork.

SoftBank's $2-billion guarantee at risk as pandemic hits Oyo business
Updated On : 13 Apr 2020 | 9:01 PM IST

Last Porsche 911 of a generation to be sold for coronavirus relief

The automaker will sell its final seventh-generation 911, a Speedster, in an online auction with RM Sotheby's on April 15.

Last Porsche 911 of a generation to be sold for coronavirus relief
Updated On : 11 Apr 2020 | 9:38 PM IST

Oyo sends thousands on leave without pay, India escapes for now

Oyo said in a statement it's furloughing employees in countries excluding India without specifying numbers, adding that it's not considering job cuts at this time.

Oyo sends thousands on leave without pay, India escapes for now
Updated On : 09 Apr 2020 | 2:42 AM IST

Radhakishan Damani beats coronavirus crisis as net worth soars 11%

Shares of Avenue Supermarts, which contribute nearly all of the wealth to Damani's net worth, have advanced 24 per cent this year.

Radhakishan Damani beats coronavirus crisis as net worth soars 11%
Updated On : 09 Apr 2020 | 12:35 AM IST

90% of trucks in India are now off roads amid coronavirus lockdown

Daily movement of trucks has collapsed to less than 10 per cent of normal levels, according to All India Motor Transport Congress

90% of trucks in India are now off roads amid coronavirus lockdown
Updated On : 08 Apr 2020 | 1:45 AM IST

Coronavirus: I really messed up on security, says Zoom chief Eric Yuan

The service, once mostly used for client conferences and training webinars, has emerged in the coronavirus lockdown as a home for virtual cocktail hours, exercise classes, cabinet meetings

Coronavirus: I really messed up on security, says Zoom chief Eric Yuan
Updated On : 07 Apr 2020 | 1:58 AM IST

Coronavirus impact: Hoarding of food in countries, threatens global trade

Consumers across the globe are still loading their pantries - and the economic fallout from the virus is just starting

Coronavirus impact: Hoarding of food in countries, threatens global trade
Updated On : 26 Mar 2020 | 12:49 AM IST

Oil's 60% crash due to coronavirus outbreak is tip of an iceberg

Having collapsed by about 60 per cent this year, Brent and West Texas Intermediate crude have stabilised at around $25 a barrel, but the price rout is far deeper for actual cargoes

Oil's 60% crash due to coronavirus outbreak is tip of an iceberg
Updated On : 26 Mar 2020 | 12:27 AM IST

Nestle secret Maggi bouillon recipe adds show to win in emerging markets

Maggi bouillon, used throughout central and West Africa to add flavour to everything from stews to cassava porridge, represents one of Nestle's best-selling products in the region

Nestle secret Maggi bouillon recipe adds show to win in emerging markets
Updated On : 21 Mar 2020 | 11:21 PM IST

The great 2020 coronavirus crash is different as market uncertainty looms

The scariest aspect of the crash is that, for once, it's about something real

The great 2020 coronavirus crash is different as market uncertainty looms
Updated On : 21 Mar 2020 | 11:00 PM IST

South Korea's coronavirus hero showing the world how to fight an epidemic

The head of Korea's Centers for Disease Control and Prevention has emerged as a role model for virus-fighters

South Korea's coronavirus hero showing the world how to fight an epidemic
Updated On : 21 Mar 2020 | 10:45 PM IST

Rejected Venezuela returns to IMF seeking $1 bn in aid to fight coronavirus

Maduro ordered a nationwide quarantine starting Tuesday to slow the pace of infection

Rejected Venezuela returns to IMF seeking $1 bn in aid to fight coronavirus
Updated On : 21 Mar 2020 | 10:21 PM IST

Goldman CEO David Solomon bucks Wall Street trend with 20% pay bump

The pay boost comes just as Goldman is embarking on a $1.3 billion cost-cutting plan that includes removing some managers and shifting employees to less expensive locales

Goldman CEO David Solomon bucks Wall Street trend with 20% pay bump
Updated On : 21 Mar 2020 | 10:17 PM IST

Google announces new coronavirus website; offers education, local resources

At the top of the site, there's an information box describing virus symptoms, treatment and prevention tips from the World Health Organisation

Google announces new coronavirus website; offers education, local resources
Updated On : 21 Mar 2020 | 10:11 PM IST

SoftBank Group seeks to raise additional $10 billion for Vision Fund

The fund plans to reserve some of the remaining cash to pay back a coupon attached to the Saudi investment, said some of the people

SoftBank Group seeks to raise additional $10 billion for Vision Fund
Updated On : 20 Mar 2020 | 2:15 AM IST