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Bloomberg

Bloomberg

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VW, BMW and, Mercedes getting left behind in auto race by China's EVs

The latest warning signs came last week, when all three German manufacturers reported slumping third-quarter sales in China

VW, BMW and, Mercedes getting left behind in auto race by China's EVs
Updated On : 15 Oct 2024 | 11:18 PM IST

J&J Q3 earnings beat expectations, make progress on talc liabilities

Adjusted profit was $2.42 a share, surpassing Wall Street's average estimate of $2.19. Pharmaceutical revenue rose almost 5 per cent, exceeding expectations by more than $400 million

J&J Q3 earnings beat expectations, make progress on talc liabilities
Updated On : 15 Oct 2024 | 10:17 PM IST

Adani Group returns to dollar market with new green bond sale initiative

Dollar bond sales from Indian issuers are running at their highest in three years, with companies raising about $10 billion so far in 2024, as spreads on dollar debt hover near their lowest in decades

Adani Group returns to dollar market with new green bond sale initiative
Updated On : 15 Oct 2024 | 1:02 PM IST

US weighs capping exports of AI chips from Nvidia, AMD to certain countries

The new approach would set a ceiling on export licenses for certain countries in the interest of national security

US weighs capping exports of AI chips from Nvidia, AMD to certain countries
Updated On : 15 Oct 2024 | 8:17 AM IST

Tesla's optimus bots remotely operated by humans at recent cybercab event

The use of human input raises questions over the capabilities and market readiness of the bot, which Musk said last week he expects to be the biggest product ever of any kind

Tesla's optimus bots remotely operated by humans at recent cybercab event
Updated On : 15 Oct 2024 | 7:59 AM IST

India emerging as clean energy superpower, delivering beyond expectations

By 2026, the country will be able to assembly 172 GW of panels per year, according to Mercom India Research, a renewables consultancy

India emerging as clean energy superpower, delivering beyond expectations
Updated On : 15 Oct 2024 | 7:42 AM IST

Boeing's endless doom spiral gives no respite to CEO John Ortberg

Boeing's shares fell 2.5% as of 9:33 a.m. in New York on Monday, the first trading session since the cuts were announced

Boeing's endless doom spiral gives no respite to CEO John Ortberg
Updated On : 14 Oct 2024 | 11:39 PM IST

Singapore opposition leader Pritam Singh's trial begins before elections

Singh was formally named leader of the opposition in 2020, the first such designation in Singapore's history. His Workers' Party has cast itself as being able to serve as a check on the PAP

Singapore opposition leader Pritam Singh's trial begins before elections
Updated On : 14 Oct 2024 | 11:21 AM IST

Ola Electric's Bhavish Aggarwal and his EVs need to be less combustible

An online spat between Aggarwal and Kunal Kamra, a popular Indian stand-up comic, has had India riveted

Ola Electric's Bhavish Aggarwal and his EVs need to be less combustible
Updated On : 14 Oct 2024 | 7:55 AM IST

Kamala Harris baits Trump on his health records after releasing her own

Harris' line of attack followed the release of a detailed report by her physician that said 59-year-old Democratic nominee is in excellent health

Kamala Harris baits Trump on his health records after releasing her own
Updated On : 14 Oct 2024 | 7:44 AM IST

Dubai's growing expat population putting strain on its infrastructure

The growth has stoked the economy, and that's helped propel Dubai's benchmark index into the ranks of the best global performers this year

Dubai's growing expat population putting strain on its infrastructure
Updated On : 13 Oct 2024 | 11:15 PM IST

ECB set to deepen global easing with interest rate cut it didn't expect

US reports will offer a sense of how much momentum consumers, manufacturers and homebuilders had approaching the final quarter of the year

ECB set to deepen global easing with interest rate cut it didn't expect
Updated On : 13 Oct 2024 | 10:55 PM IST

Ukraine's rocky past with Poland is haunting Zelenskyy amid escalating war

The rift coincides with mounting war fatigue among Kyiv's Western allies, with Russian troops making grinding advances in the country's east

Ukraine's rocky past with Poland is haunting Zelenskyy amid escalating war
Updated On : 13 Oct 2024 | 1:44 PM IST

India is Russia's no. 2 supplier of restricted tech, say US, EU officials

Indian exports of restricted items such as microchips, circuits and machine tools surpassed $60 million in both April and May

India is Russia's no. 2 supplier of restricted tech, say US, EU officials
Updated On : 12 Oct 2024 | 1:35 PM IST

China shores up its property sector, signals more spending is coming

Local governments will be allowed to use special bonds to buy unsold homes, Finance Minister Lan Fo'an announced

China shores up its property sector, signals more spending is coming
Updated On : 12 Oct 2024 | 10:59 AM IST

Narco violence leaves 200 dead, 234 missing in Mexican state in grim month

An analysis of hundreds of statements from the state prosecutor's office, the Interior Ministry and local press by Revista Espejo show the deadly tally of the clashes between two criminal groups

Narco violence leaves 200 dead, 234 missing in Mexican state in grim month
Updated On : 12 Oct 2024 | 9:45 AM IST

BlackRock, GIC, Capital Group to invest in Hyundai Motor India IPO

Baillie Gifford and FMR are also looking to participate in the record-breaking offering in Mumbai, the people said, asking not to be identified as the information isn't public

BlackRock, GIC, Capital Group to invest in Hyundai Motor India IPO
Updated On : 11 Oct 2024 | 11:28 PM IST

Mark Mobius follows Goldman bet on China boost for emerging market equities

They said they expect further upside in emerging-market equities, with spillovers from China's growth in several countries such as South Korea, Malaysia and South Africa

Mark Mobius follows Goldman bet on China boost for emerging market equities
Updated On : 11 Oct 2024 | 11:19 PM IST

Russian exporters fear liquidity crunch as payments stall on sanctions risk

That's adding to pressures on their cash reserves, the people said, particularly as overnight borrowing costs on domestic and foreign currencies have surged above 20% and there's little

Russian exporters fear liquidity crunch as payments stall on sanctions risk
Updated On : 11 Oct 2024 | 6:00 PM IST

UK govt mulling exit tax for millionaires moving to 'tax-paradise' UAE

Exit taxes are rarely big revenue raisers, especially as they often take the form of a levy on future capital gains if and when assets are sold

UK govt mulling exit tax for millionaires moving to 'tax-paradise' UAE
Updated On : 11 Oct 2024 | 2:35 PM IST