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HDFC Bank in talks with Goldman Sachs Group's Harit Talwar for CEO role

The Mumbai-based lender has a market capitalisation of about $86 billion, giving it a bigger standing than major US banks like Goldman and Morgan Stanley

Microsoft says two employees have been diagnosed with coronavirus

Microsoft had asked workers who can to do their jobs from home through March 25, and that guidance remains unchanged based on the new cases.

China posts worst factory activity on record as coronavirus weighs

The collapse in economic activity seen in the data was largely due to virus control measures that have made it hard for workers to travel back after Lunar New Year

Singer's Elliott Management seeks to replace Twitter CEO Jack Dorsey

Elliott's push comes at a pivotal time with the US election, Summer Olympics and other major events, like the spread of the coronavirus, which tend to attract more users and advertisers to Twitter

Porsche to lean on green financing for its $6.6 billion electric-car plan

Porsche turned to green financing ahead of the debut of the $100,000-plus Taycan, its first battery-powered car

Bezos among biggest losers as coronavirus robs world's richest of $444 bn

The drubbing more than erased the $78 billion in gains that the 500 wealthiest people had amassed since the start of the year through last week, according to the Bloomberg Billionaires Index

Geneva car show cancelled in bid to contain coronavirus outbreak

The trade fair, which was due to start Monday, will return next year, Palexpo SA, which runs the Geneva convention center, said Friday in a video briefing to exhibitors

J&J ordered by Florida jury to pay $9 million in talc-cancer case

The talc litigation may eventually cost the company as much as $10 billion, according to Bloomberg Intelligence

Economic tonic from Rajan: Fight virus first and worry about stimulus later

The priority should be on convincing companies and households that the virus is under control, said the former RBI governor

Upbeat Rolls-Royce says it is finally getting over engine troubles

Rolls-Royce expects to deliver 450 of the wide-body engines in which it specializes this year

BRIC seekers of UK golden visa double since 2015 despite Brexit

BRIC applicants accounted for 40% of total global refusals in 2019

Donald Trump says coronavirus risk to Americans 'remains very low'

US President Donald Trump said Americans face little risk from the coronavirus outbreak , seeking to ease public concern after lawmakers raised concern that the government is unprepared.

Coronavirus outbreak: Goldman Sachs Group sees gold hitting $1,800

The bank raised its 12-month projection by $200, and said "in the event that the virus effect spreads to Q2, we could see gold top $1800/oz already on a 3-month basis."

Bernie Sanders scores decisive Nevada win driven by Hispanic, black voters

With 60 per cent of precincts reporting, Sanders had 46 per cent to Joe Biden's 19.6 per cent of the county delegates

Australia govt says climate change targets can't risk economy, jobs

Australia may continue to be an exporter of thermal coal in 2050, according to Anthony Albanese, leader of the main opposition Labour Party, that's targeting net zero emissions by that date.

Time to revisit rate playbook in Israel with price declines near

After voting narrowly in favor of a hold in October, the balance on the monetary committee has shifted in favor of buying foreign currency as a way to loosen policy.

G-20 finance chiefs, bankers see downside risks to global economy growth

The delegates managed to extract a key concession from the U.S. by including a focus on climate change in the final communique.

Merkel's party drops to record low in Hamburg voting, Greens make gains

The big winner was the Green party, which more than doubled its support to a projected 25.5 per cent, a surge that parallels its rise in national polls.

Cash-rich Berkshire embraces the idea of life after Warren Buffett

Last year, Buffett failed to find a major deal to deploy all that cash - a $128 billion pile by the end of 2019 - and help supercharge Berkshire's growth.

Coronavirus may be the 'Disease X' WHO cautioned about years ago

The disease has now spread to more than two dozen countries and territories