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Bloomberg

Bloomberg

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US sanctions Gazprombank, 50 Russian banks & 15 officials over Ukraine war

The Biden administration had previously decided not to levy sanctions against the bank for fear of roiling global energy markets

US sanctions Gazprombank, 50 Russian banks & 15 officials over Ukraine war
Updated On : 21 Nov 2024 | 9:59 PM IST

Reserve Bank defends forex policy as India attempts to avert global risks

The RBI has used its nearly $700 billion forex pile to prevent wild swings in the rupee, making it one of the least volatile currencies in the world

Reserve Bank defends forex policy as India attempts to avert global risks
Updated On : 21 Nov 2024 | 1:28 PM IST

US justice department seeks Google Chrome's sale to restrict monopoly

Google said the DOJ's proposal would harm Americans' privacy and security, stymie Google's investments in artificial intelligence and hurt companies

US justice department seeks Google Chrome's sale to restrict monopoly
Updated On : 21 Nov 2024 | 1:16 PM IST

Bitcoin hits record $97,000 as cryptocurrency seeks direct line to Trump

The crypto market as a whole consolidated gains of approximately $900 billion since Trump's election victory on Nov. 5, based on data from CoinGecko

Bitcoin hits record $97,000 as cryptocurrency seeks direct line to Trump
Updated On : 21 Nov 2024 | 10:43 AM IST

Social media giants to pay fines worth $32 million under Australia ban

Australia is following a number of other countries that have attempted to restrict access to social media for children, with mixed success

Social media giants to pay fines worth $32 million under Australia ban
Updated On : 21 Nov 2024 | 9:09 AM IST

Boeing CEO calls on employees to collaborate, be accountable after turmoil

Relations with workers have been particularly strained by a strike that lasted for more than seven weeks and consumed much of Ortberg's first months on the job

Boeing CEO calls on employees to collaborate, be accountable after turmoil
Updated On : 21 Nov 2024 | 8:59 AM IST

Marty Makary seen as leading candidate for Donald Trump's FDA pick

Makary, a pancreatic surgeon at Johns Hopkins Medicine, is a health researcher whose latest book focuses on questioning medical orthodoxy on topics from peanut allergies to antibiotics

Marty Makary seen as leading candidate for Donald Trump's FDA pick
Updated On : 21 Nov 2024 | 8:43 AM IST

Indonesia to assess $100 mn Apple investment proposal to end iPhone 16 ban

Southeast Asia's largest nation confirmed that it had received Apple's latest investment offer, which entails building a manufacturing plant to produce accessories and components

Indonesia to assess $100 mn Apple investment proposal to end iPhone 16 ban
Updated On : 21 Nov 2024 | 8:38 AM IST

Apple urges federal judge for early dismissal in US antitrust lawsuit

Apple contends that its iPhone business is constrained by Samsung Electronics Co and Alphabet Inc's Google but that is an argument the company can make at trial, Justice Dept attorney Lasken said

Apple urges federal judge for early dismissal in US antitrust lawsuit
Updated On : 21 Nov 2024 | 8:28 AM IST

Trump team considers creating first-ever White House cryptocurrency role

Discussions about the crypto role have included the person leading a small staff, and acting as a liaison between Congress, the White House and the various agencies with jurisdiction over crypto

Trump team considers creating first-ever White House cryptocurrency role
Updated On : 21 Nov 2024 | 8:20 AM IST

Adani unit tapped US bond market hours before billionaire's indictment

The indictment came shortly after units of clean-energy arm Adani Green Energy Ltd sold a 20-year green bond in the US investment-grade market

Adani unit tapped US bond market hours before billionaire's indictment
Updated On : 21 Nov 2024 | 8:12 AM IST

Adani Group scraps $600 million bond, other notes drop on US SEC charges

Billionaire Adani, one of the richest men in the world, was charged with allegedly participating in a scheme that involved promising to pay more than $250 million in bribes to Indian govt officials

Adani Group scraps $600 million bond, other notes drop on US SEC charges
Updated On : 21 Nov 2024 | 7:58 AM IST

Elon Musk, Ramaswamy eye five-day office week for federal employees

Musk and Ramaswamy said the new Department of Government Efficiency would help reduce the federal workforce by compelling employees to resign

Elon Musk, Ramaswamy eye five-day office week for federal employees
Updated On : 21 Nov 2024 | 7:42 AM IST

Nvidia's Blackwell chip remains on track after forecast disappoints: CEO

Nvidia predicted fiscal fourth-quarter sales of about $37.5 billion. Though the average analyst estimate was $37.1 billion, projections ranged as high as $41 billion

Nvidia's Blackwell chip remains on track after forecast disappoints: CEO
Updated On : 21 Nov 2024 | 7:21 AM IST

Dubai-based family offices now control over $1 trillion in assets

The United Arab Emirates, of which Dubai is a part, is poised to be the top destination for relocating millionaires this year, according to a report from migration advisory firm Henley & Partners

Dubai-based family offices now control over $1 trillion in assets
Updated On : 20 Nov 2024 | 5:31 PM IST

Airline exodus leaves Israelis and companies isolated amid Hamas war

Direct routes to dozens of major cities - Washington D.C., San Francisco, Toronto, Hong Kong, New Delhi - have been suspended, reducing face-to-face business meetings

Airline exodus leaves Israelis and companies isolated amid Hamas war
Updated On : 20 Nov 2024 | 2:39 PM IST

Adani Green Energy offers dollar bond again after earlier deal postponed

Units of the group's clean-energy business, Adani Green Energy Ltd. are marketing a 20-year $600 million note at a yield of around 7.75 per cent, according to a person familiar with the matter

Adani Green Energy offers dollar bond again after earlier deal postponed
Updated On : 20 Nov 2024 | 10:38 AM IST

Coal plants in India set to miss pollution goal as smog chokes Delhi

About three-quarters of the coal-fired generators near major cities are set to miss a year-end deadline to install equipment to curb sulfur-dioxide emissions

Coal plants in India set to miss pollution goal as smog chokes Delhi
Updated On : 20 Nov 2024 | 10:26 AM IST

Donald Trump names TV doctor Mehmet Oz as medicare, medicaid chief

During the Covid-19 pandemic, Oz became an informal health adviser to Trump, then serving his first White House term

Donald Trump names TV doctor Mehmet Oz as medicare, medicaid chief
Updated On : 20 Nov 2024 | 9:51 AM IST

G20: Chaos in Rio shows a world untethered even before Trump returns

The behind-the-scenes squabbling over language characterising wars in Ukraine and the Middle East had been abruptly shut down by an impatient host

G20: Chaos in Rio shows a world untethered even before Trump returns
Updated On : 20 Nov 2024 | 9:25 AM IST