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Bloomberg

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X to remove the ability for users to block other accounts, says Elon Musk

Musk, who acquired Twitter last year for $44 bn and has set about overhauling the site, said blocking will still be possible for direct messages, but that it would be deleted as a "feature"

X to remove the ability for users to block other accounts, says Elon Musk
Updated On : 19 Aug 2023 | 8:11 AM IST

India, China set for bilateral talks on sidelines of Brics summit next week

"I am confident that as two nations, two countries, we will have direct talks, direct meetings," at the Aug. 22-24 summit, Chen Xiaodong, China's ambassador to South Africa said

India, China set for bilateral talks on sidelines of Brics summit next week
Updated On : 18 Aug 2023 | 11:47 PM IST

Women need to convince us men on equality: Fifa prez Gianni Infantino

The winning team in this year's tournament will receive $10.5 million, with $6.2 million earmarked for distribution to its players

Women need to convince us men on equality: Fifa prez Gianni Infantino
Updated On : 18 Aug 2023 | 11:46 PM IST

China steps up efforts to stabilise stock markets as confidence slumps

The Hang Seng Index is down more than 8 per cent this year, ranking among the biggest global losers

China steps up efforts to stabilise stock markets as confidence slumps
Updated On : 18 Aug 2023 | 11:41 PM IST

China Evergrande Group files for bankruptcy in New York amid debt crisis

The move protects it from creditors in the US while it works on a restructuring deal elsewhere

China Evergrande Group files for bankruptcy in New York amid debt crisis
Updated On : 18 Aug 2023 | 11:37 PM IST

India braces for more rain after floods, lightning kill 2,000: Report

Rains have affected about 500,000 hectares of crops and damaged almost 90,000 houses since the start of the monsoon in early June, according to data compiled by the home ministry

India braces for more rain after floods, lightning kill 2,000: Report
Updated On : 18 Aug 2023 | 5:25 PM IST

How satellites are helping agriculture sector adapt to global warming

To acclimate, the old ways are increasingly being replaced by the new. In this case, granular data aimed at tracking the progress and health of vines in a fast-warming environment

How satellites are helping agriculture sector adapt to global warming
Updated On : 18 Aug 2023 | 5:13 PM IST

Top US companies from Apple to Intel decry India's PC import curbs

The South Asian nation plans to impose a new license requirement for tech imports from Nov. 1, spanning everything from laptops and tablets to servers and components for datacenters

Top US companies from Apple to Intel decry India's PC import curbs
Updated On : 18 Aug 2023 | 4:15 PM IST

Barclays Plc names new CEO, COO in reshuffle of key India business

Pramod Kumar will be the new Chief Executive Officer and Suneeta Shetty from HSBC Holdings Plc will be Chief Operating Officer

Barclays Plc names new CEO, COO in reshuffle of key India business
Updated On : 18 Aug 2023 | 4:08 PM IST

Private debt market in India set to grow more, says Standard Chartered

A growing list of global asset managers are setting up credit funds in India as they look to fill the funding gap, which was created after a shadow banking crisis spooked India's financial sector

Private debt market in India set to grow more, says Standard Chartered
Updated On : 18 Aug 2023 | 12:55 PM IST

India needs major reforms in food supply management: RBI researchers

These reforms will lead to efficiency and productivity gains and enable "stable prices for consumers, assured supplies and remunerative proceeds for farmers," it said

India needs major reforms in food supply management: RBI researchers
Updated On : 18 Aug 2023 | 11:49 AM IST

Chinese banks challenged as economy wobbles, property market woes mount

Exposure to local government financing vehicles and a deflationary economy is compounding the pressure, Bloomberg Intelligence analyst Francis Chan said

Chinese banks challenged as economy wobbles, property market woes mount
Updated On : 18 Aug 2023 | 11:15 AM IST

UBS Group seeks to hire several private bankers to serve India's rich

UBS, which exited the private-wealth market in India almost a decade ago, is among global firms from HSBC Holdings Plc to Julius Baer Group Ltd. taking increased bets there

UBS Group seeks to hire several private bankers to serve India's rich
Updated On : 18 Aug 2023 | 11:01 AM IST

Apple advances chip secrets' suit against former employees poached by Rivos

The judge threw out Apple's trade secret claims against Rivos, but gave the iPhone maker a chance to file a revised complaint

Apple advances chip secrets' suit against former employees poached by Rivos
Updated On : 18 Aug 2023 | 8:46 AM IST

Moderna's Covid-19 vaccine protects against new variants, finds early study

Covid vaccine partners Pfizer Inc. and BioNTech SE are also developing updated shots, as is Novavax Inc. The drugmakers have been testing and making new updates as the virus has evolved

Moderna's Covid-19 vaccine protects against new variants, finds early study
Updated On : 18 Aug 2023 | 7:23 AM IST

India's new criminal law: Are leaders putting symbolism above good sense?

The government has a weakness for unleashing giant new changes on an unsuspecting country without any real consideration for how they will be implemented

India's new criminal law: Are leaders putting symbolism above good sense?
Updated On : 18 Aug 2023 | 7:08 AM IST

Mid-cap stocks pique interest of FPIs after 5 years: Goldman Sachs

Overseas investor holding increased by 175 bps to 16% of their m-cap this year

Mid-cap stocks pique interest of FPIs after 5 years: Goldman Sachs
Updated On : 17 Aug 2023 | 10:12 PM IST

Poor man's cocaine: $3 narcotic pill sold in Gulf a worry for the world

Already popular in parts of the Middle East with everyone from teenagers to low-income construction workers, the narcotic is easy to make

Poor man's cocaine: $3 narcotic pill sold in Gulf a worry for the world
Updated On : 17 Aug 2023 | 10:03 PM IST

Escalate yuan intervention: Chinese authorities to state-owned banks

China will resolutely prevent excessive adjustment in the yuan, the People's Bank of China said in its monetary policy report

Escalate yuan intervention: Chinese authorities to state-owned banks
Updated On : 17 Aug 2023 | 9:59 PM IST

Will shut central bank, dollarise economy, says Argentina's Milei

In the first interview to foreign media after his unexpected win, Milei detailed his plan to scrap the Argentine peso for the US dollar as a way to bring down inflation that's running at 113 per cent

Will shut central bank, dollarise economy, says Argentina's Milei
Updated On : 17 Aug 2023 | 9:56 PM IST