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Bloomberg

Bloomberg

Page 804 - Bloomberg/reuters

WhatsApp data practices under review for compliance ahead of payments debut

As and when it gets approval, WhatsApp will be entering a crowded digital payments market where it will have to slug it out with more than 80 rivals on the NPCI platform

WhatsApp data practices under review for compliance ahead of payments debut
Updated On : 21 Nov 2019 | 7:25 PM IST

Learning from the past: Clues to Brexit's future may be on a faraway island

Britain would experience an unprecedented hit to the supply side of the economy, according to Mark Carney, with overnight trade barriers hammering exports

Learning from the past: Clues to Brexit's future may be on a faraway island
Updated On : 05 Nov 2019 | 1:55 PM IST

Reliance's gen next: Mukesh Ambani grooms heirs to his $50 billion fortune

Mukesh Ambani has credited his children, Isha and Akash, with helping to nudge him into the internet business.

Reliance's gen next: Mukesh Ambani grooms heirs to his $50 billion fortune
Updated On : 16 Aug 2019 | 11:54 PM IST

Yield inversion is coming to Asian markets as growth woes spread

As risks to the outlook increase, investors are scooping up longer-dated securities on expectations that interest rates will continue to fall

Yield inversion is coming to Asian markets as growth woes spread
Updated On : 16 Aug 2019 | 12:50 AM IST

China threatens to retaliate against the US as Trump prepares more tariff

Trump announced the new tariffs this month, after which China halted purchases of agricultural goods and allowed the yuan to weaken

China threatens to retaliate against the US as Trump prepares more tariff
Updated On : 15 Aug 2019 | 11:07 PM IST

Cisco gives lackluster sales forecast amid trade-dispute worries

Cisco shares declined 6.2 per cent to $47.50 at 9:36 am in New York, rebounding from an earlier 8 per cent drop, the biggest intraday fall since May 2017

Cisco gives lackluster sales forecast amid trade-dispute worries
Updated On : 15 Aug 2019 | 9:21 PM IST

Saudi Aramco defends hold on coveted Indian oil market with Reliance tie-up

Aramco's plan to buy 20% of the oil-to-chemicals business of Reliance comes with an assurance to buy half a million barrels a day of the kingdom's crude on a long-term basis

Saudi Aramco defends hold on coveted Indian oil market with Reliance tie-up
Updated On : 15 Aug 2019 | 6:16 PM IST

Baidu knocked off China's list of 5 most valuable internet companies

Baidu has struggled to fend off competition from the likes of Tencent and ByteDance Inc., both of which are luring smartphone-savvy consumers and advertisers to their popular mini-video

Baidu knocked off China's list of 5 most valuable internet companies
Updated On : 15 Aug 2019 | 4:00 PM IST

Willing to break up major tech companies, says FTC Chairman Joe Simons

Simons said an agreement between the FTC and the Justice Department to divide scrutiny of the tech industry is based on specific conduct, not on the companies themselves

Willing to break up major tech companies, says FTC Chairman Joe Simons
Updated On : 15 Aug 2019 | 1:29 AM IST

Google employees don't want company to work with US border agencies

US Customs and Border Protection recently said it was looking for proposals from companies to supply it with cloud-computing services

Google employees don't want company to work with US border agencies
Updated On : 15 Aug 2019 | 1:28 AM IST

Uber Technologies at record low as 'frustrations' persist over outlook

The stock dropped as much as 6.5 per cent to $34.10, the lowest price since its May debut, as major averages slumped 2 per cent

Uber Technologies at record low as 'frustrations' persist over outlook
Updated On : 15 Aug 2019 | 1:13 AM IST

Walmart likely to boost guidance with strong earnings, say Analysts

Analysts are mixed on comparable sales, with some expecting them to beat estimates and others expecting them to be in-line, but one expectation is clear

Walmart likely to boost guidance with strong earnings, say Analysts
Updated On : 15 Aug 2019 | 1:11 AM IST

UK bonds signal recession as inflation bedevils Bank of England's response

In a so-called yield curve inversion, a typical harbinger of economic contraction, the yield on 10-year government debt fell below the 2-year equivalent on Wednesday for the first time since 2008

UK bonds signal recession as inflation bedevils Bank of England's response
Updated On : 14 Aug 2019 | 11:57 PM IST

Danish bank's richest clients given a guarantee on negative rates

Danske's espousal of a socially responsible attitude to interest rates follows sustained criticism of the bank's role at the heart of a Russian money laundering scandal

Danish bank's richest clients given a guarantee on negative rates
Updated On : 14 Aug 2019 | 11:50 PM IST

WeWork submits IPO plan, showing $690 million loss in first half

The filing revealed that investment banks JPMorgan Chase & Co and Goldman Sachs Group will be the lead underwriters on the offering

WeWork submits IPO plan, showing $690 million loss in first half
Updated On : 14 Aug 2019 | 10:41 PM IST

Hong Kong protesters like terrorists, says China as airport access curbed

The demonstrators, who initially hit the streets to oppose a bill allowing extraditions to the mainland, now have a host of other demands including the resignation of Hong Kong leader Carrie Lam

Hong Kong protesters like terrorists, says China as airport access curbed
Updated On : 14 Aug 2019 | 4:01 PM IST

China holds off its biggest policy gun even as global currency war looms

Beijing is sticking to a cautious monetary strategy even after President Donald Trump's accusations of Beijing's currency manipulation adding sensitivity to any stimulus measures

China holds off its biggest policy gun even as global currency war looms
Updated On : 12 Aug 2019 | 9:28 AM IST

Trump is making Xi Jinping's superpower 2050 vision tougher by the day

Only five developing countries have made the transition to advanced-nation status while maintaining high levels of growth since 1960

Trump is making Xi Jinping's superpower 2050 vision tougher by the day
Updated On : 11 Aug 2019 | 11:10 AM IST

Is globalisation over? Cricket beamed into American homes suggests it's not

The sport's growth is more than just an idiosyncrasy of the Anglosphere

Is globalisation over? Cricket beamed into American homes suggests it's not
Updated On : 11 Aug 2019 | 9:55 AM IST

Saudi Prince's rise to power turns him into a billionaire boss

He became not only the de facto political leader of the petro-state but the unrivaled billionaire boss of a sprawling family firm with more money than almost any other dynasty on the planet

Saudi Prince's rise to power turns him into a billionaire boss
Updated On : 11 Aug 2019 | 9:46 AM IST