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Bloomberg

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China is front and center of gold's record-breaking rally this year

China and India have typically vied over the title of world's biggest buyer. But that shifted last year as Chinese consumption of jewelry, bars and coins swelled to record levels

China is front and center of gold's record-breaking rally this year
Updated On : 21 Apr 2024 | 11:20 PM IST

TikTok set to remove key executive tasked with fending off US claims

"That is 100% false," said TikTok spokesperson Alex Haurek, when asked for comment on whether the company is set to remove Andersen from his role

TikTok set to remove key executive tasked with fending off US claims
Updated On : 21 Apr 2024 | 10:53 PM IST

Federal Reserve's preferred inflation gauge set to back rate-cut patience

Policymakers' preferred inflation gauge - the personal consumption expenditures price index - probably stayed elevated in March, according to data due in the coming week

Federal Reserve's preferred inflation gauge set to back rate-cut patience
Updated On : 21 Apr 2024 | 9:24 AM IST

Heavy rains, flood in Dubai expose weaknesses to a rapidly changing climate

The flooding washed away homes and caused dozens of fatalities

Heavy rains, flood in Dubai expose weaknesses to a rapidly changing climate
Updated On : 20 Apr 2024 | 11:43 AM IST

Exxon Mobil's market value surpasses Tesla's as oil rises, EV sales slow

Tesla fell 1.9 per cent to $147.05 a share on Friday, making it the second-worst performing stock in the S&P 500 Index this year

Exxon Mobil's market value surpasses Tesla's as oil rises, EV sales slow
Updated On : 20 Apr 2024 | 7:52 AM IST

Week of Iran-Israel strikes marks a 'game changer' in the Mideast

Business concerns about the situation spiked to their highest levels this week since the October 7 attacks, according to a survey by Oxford Economics

Week of Iran-Israel strikes marks a 'game changer' in the Mideast
Updated On : 20 Apr 2024 | 7:45 AM IST

Climate change's 'physical risks' are increasingly catching up with banks

But as temperatures soar around the world, triggering a deadly cocktail of wildfires, storms and drought, banks are now being forced to pay greater attention to what are known as "physical risks"

Climate change's 'physical risks' are increasingly catching up with banks
Updated On : 19 Apr 2024 | 10:45 PM IST

Softbank-backed Oyo Hotels eyes $450 million bond sale for refinancing

The refinancing will extend the repayment timeline to five years, the person said. The company plans to complete the process in the September quarter

Softbank-backed Oyo Hotels eyes $450 million bond sale for refinancing
Updated On : 19 Apr 2024 | 10:42 PM IST

Apple removes WhatsApp, Threads from its China App Store on Beijing request

US politicians have cited national security concerns in their push to force the company to either sell TikTok to a non-Chinese owner or face a ban in the US market

Apple removes WhatsApp, Threads from its China App Store on Beijing request
Updated On : 19 Apr 2024 | 10:29 PM IST

Iran acknowledges retaliatory drone attack by Israel and says it failed

The Israeli government, which rarely comments on specific military actions linked to Iran, hasn't confirmed the strike

Iran acknowledges retaliatory drone attack by Israel and says it failed
Updated On : 19 Apr 2024 | 10:17 PM IST

Originals, steps against password sharing help Netflix add 9.33 mn users

Despite the growth, Netflix shares were down 4.6% to $582.70 at 6:03 pm New York time. They were up 25% this year through the close of regular trading Thursday

Originals, steps against password sharing help Netflix add 9.33 mn users
Updated On : 19 Apr 2024 | 10:14 PM IST

Tata Group in talks to buy Pegatron's iPhone operations as soon as May

Tata Group is in the final stages of negotiations with Pegatron to take a majority stake in the Taiwanese firm's Apple handset assembly operations in India

Tata Group in talks to buy Pegatron's iPhone operations as soon as May
Updated On : 19 Apr 2024 | 10:04 PM IST

Sundar Pichai consolidates teams to create AI products faster at Google

The changes, Pichai wrote, 'will help us work with greater focus and clarity toward our mission'

Sundar Pichai consolidates teams to create AI products faster at Google
Updated On : 19 Apr 2024 | 3:09 PM IST

OpenAI hires its first India employee, appoints government relations head

Misra previously headed public affairs at Stockholm-traded contact verification firm Truecaller, which counts India as a top market

OpenAI hires its first India employee, appoints government relations head
Updated On : 19 Apr 2024 | 12:15 PM IST

Economic management: The one thing Biden could learn from PM Modi

While India's economy might be posting impressive growth numbers, employment and wages haven't kept up

Economic management: The one thing Biden could learn from PM Modi
Updated On : 19 Apr 2024 | 8:27 AM IST

Jury chosen in Trump's hush-money case, and other trial takeaways

Trump, who faces three other criminal prosecutions, denies wrongdoing and claims the cases are part of a political 'which hunt' against him

Jury chosen in Trump's hush-money case, and other trial takeaways
Updated On : 19 Apr 2024 | 7:47 AM IST

Rocket assault on Israeli military site by Lebanon's Hezbollah wounds six

The assault, which Hezbollah said was a response to Israel killing a number of its fighters, comes as the Jewish state weighs a response to Iran's missile and drone strikes on Saturday night

Rocket assault on Israeli military site by Lebanon's Hezbollah wounds six
Updated On : 19 Apr 2024 | 12:09 AM IST

Nvidia, Chip stocks drop into technical correction as rate bets shift

The Philadelphia Semiconductor Index and Nvidia dropped more than 3% each Wednesday, pushing them down more than 10% from record high levels reached in March

Nvidia, Chip stocks drop into technical correction as rate bets shift
Updated On : 19 Apr 2024 | 12:02 AM IST

100 scientists spend two years renaming viruses after Covid mistakes

Airborne viruses will be called "pathogens that transmit through the air" under new terminology the World Health Organization hopes will end a scientific rift that hampered early response to Covid 19

100 scientists spend two years renaming viruses after Covid mistakes
Updated On : 18 Apr 2024 | 11:56 PM IST

Google fires 28 employees protesting against $1.2 bn Israeli contract

Google told the affected employees that it's keeping this matter as confidential as possible, only disclosing information on a need to know basis

Google fires 28 employees protesting against $1.2 bn Israeli contract
Updated On : 18 Apr 2024 | 11:28 PM IST