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Bloomberg

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Indonesia celebrates Nusantara, the new capital struggling to take shape

Located about 800 miles northeast of Jakarta, construction of Nusantara involves five phases, to be completed by 2045, the govt intends to shift some 1.9 mn people from Jakarta to ease congestion

Indonesia celebrates Nusantara, the new capital struggling to take shape
Updated On : 17 Aug 2024 | 9:02 AM IST

These cool but creepy features of AI phones will erode trust in everything

Like it or not, the growing ubiquity of AI phones will force us to become more wary of what we see and hear - unless we want manipulated versions of reality to be the new normal

These cool but creepy features of AI phones will erode trust in everything
Updated On : 17 Aug 2024 | 12:39 AM IST

Mastercard plans to cut 3% of staff worldwide before Sept 30 amid overhaul

That would work out to about 1,000 people, based on its reported employee count at the end of last year

Mastercard plans to cut 3% of staff worldwide before Sept 30 amid overhaul
Updated On : 16 Aug 2024 | 11:53 PM IST

Mpox thriving near gold mines, refugee camps risks rapid spread in Congo

A strain of the virus - which causes lesions that can result in disfigurement, blindness, and even death - has erupted around the gold-mining town of Kamituga

Mpox thriving near gold mines, refugee camps risks rapid spread in Congo
Updated On : 16 Aug 2024 | 8:18 PM IST

Thailand's new, youngest PM Paetongtarn Shinawatra: All you need to know

Some of her top tasks will be to ease the concerns of voters about the high costs of living

Thailand's new, youngest PM Paetongtarn Shinawatra: All you need to know
Updated On : 16 Aug 2024 | 1:48 PM IST

Nato alliance bolsters naval presence in western Pacific to counter China

Few security analysts expect European navies to play a frontline role in any conflict in the Pacific

Nato alliance bolsters naval presence in western Pacific to counter China
Updated On : 16 Aug 2024 | 1:35 PM IST

Japan's SoftBank picking stock winners in India's red-hot IPO market

Further successful IPOs may add funds for Chief Executive Masayoshi Son's planned large-scale push into AI

Japan's SoftBank picking stock winners in India's red-hot IPO market
Updated On : 16 Aug 2024 | 12:02 PM IST

Istanbul, Turkey's biggest city, worries next earthquake will be a big one

Earthquakes are unpredictable but also inevitable, and experts say Istanbul might be due one

Istanbul, Turkey's biggest city, worries next earthquake will be a big one
Updated On : 16 Aug 2024 | 10:10 AM IST

Severe typhoon Ampil edges closer to Japan; disrupts flights, trains

The Japan Meteorological Agency urged residents to be careful of high waves, landslides, flooding of low-lying areas and rising or overflowing rivers in eastern Japan

Severe typhoon Ampil edges closer to Japan; disrupts flights, trains
Updated On : 16 Aug 2024 | 8:04 AM IST

White House walks back Biden comment on renewed Venezuelan election

Responding to Biden's remarks later Thursday, Maduro said he "completely and absolutely rejects that the US government intends to become the electoral authority of Venezuela or any other place

White House walks back Biden comment on renewed Venezuelan election
Updated On : 16 Aug 2024 | 7:59 AM IST

Trump defends attacks on Harris as allies urge focus on economy, policy

I think I'm entitled to personal attacks, Donald Trump said at a press conference

Trump defends attacks on Harris as allies urge focus on economy, policy
Updated On : 16 Aug 2024 | 6:50 AM IST

Capula, Schonfeld, Point72 among hedge funds riding Bitcoin ETFs: Report

Among the most well-known buyers that have emerged are hedge funds like Millennium Management, which held shares in at least five Bitcoin ETFs

Capula, Schonfeld, Point72 among hedge funds riding Bitcoin ETFs: Report
Updated On : 15 Aug 2024 | 11:04 PM IST

WB issues world's 1st carbon removal bond to fund Amazon reforestation

The World Bank sold a nine-year, $225 million note this week which will help raise funds for reforestation in the Amazon

WB issues world's 1st carbon removal bond to fund Amazon reforestation
Updated On : 15 Aug 2024 | 9:02 PM IST

Columbia university President Shafik resigns after months of campus tumult

She will be replaced on an interim basis by Katrina Armstrong, chief executive officer of Columbia University Irving Medical Center

Columbia university President Shafik resigns after months of campus tumult
Updated On : 15 Aug 2024 | 8:30 AM IST

NASA needs more time to decide length of Boeing astronaut ISS stay

NASA said last week that it was working with Elon Musk's SpaceX on plans to return two astronauts to Earth in February 2025

NASA needs more time to decide length of Boeing astronaut ISS stay
Updated On : 15 Aug 2024 | 8:11 AM IST

New Starbucks CEO Niccol to work 1,000 miles from company's headquarters

The incoming CEO agreed to commute to the coffee chain's base and travel as needed to do his job

New Starbucks CEO Niccol to work 1,000 miles from company's headquarters
Updated On : 15 Aug 2024 | 8:00 AM IST

India's short-term borrowing costs decline to lowest in two years

The yield on the 364-day treasury bill dipped to 6.7240 per cent in an auction on Wednesday, the least since September 2022

India's short-term borrowing costs decline to lowest in two years
Updated On : 14 Aug 2024 | 11:01 PM IST

Foreign students face uncertain future amid global immigration crackdown

The impact is already being felt - aggregate visa data for the first quarter of 2024 showed volumes to the UK, Canada and Australia down between 20% and 30% from a year earlier

Foreign students face uncertain future amid global immigration crackdown
Updated On : 14 Aug 2024 | 10:57 PM IST

Govt may expand census to include more questions around caste: Reports

Officials are now debating whether to add a third caste category, called "other backward class" to the questionnaire or whether to conduct a separate caste survey

Govt may expand census to include more questions around caste: Reports
Updated On : 14 Aug 2024 | 10:53 PM IST

Govt's changed power export rules could lead to gain for Adani: Report

Plants selling their entire power to India's neighboring countries may be allowed a domestic grid connection in case of a consistent drop in offtake or payment defaults

Govt's changed power export rules could lead to gain for Adani: Report
Updated On : 14 Aug 2024 | 10:46 PM IST