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Shortage of nursing staff sparks bidding war as countries vie for talent

Now with pandemic-related travel restrictions easing, countries from Germany to the United Arab Emirates and Singapore are stepping up efforts to lure foreign nurses and other medical professionals

Shortage of nursing staff sparks bidding war as countries vie for talent
Updated On : 05 Oct 2022 | 7:37 AM IST

Who are the big winners in Musk's Twitter deal? Merger arbitrage traders

After Musk and Twitter agreed to proceed with the deal at the original offer price at $54.20 a share on Tuesday, the social media company's stock rallied as much as 23%

Who are the big winners in Musk's Twitter deal? Merger arbitrage traders
Updated On : 05 Oct 2022 | 7:29 AM IST

Musk's Twitter deal has employees asking: Should I stay or should I go?

Presenters from internal groups like the product and revenue teams didn't officially discuss the development, or even acknowledge that Musk was back on board

Musk's Twitter deal has employees asking: Should I stay or should I go?
Updated On : 05 Oct 2022 | 7:29 AM IST

Twitter deal paves way for 'X, the Everything App', says Elon Musk

Elon Musk said buying Twitter would speed up the creation of something he called "X, the everything app," suggesting he wants to add new services to the social media platform

Twitter deal paves way for 'X, the Everything App', says Elon Musk
Updated On : 05 Oct 2022 | 7:29 AM IST

Apple's iPhone exports from India crossed $1 billion mark in 5 months

At the current rate, outbound shipments of India-made iPhones, mainly to Europe and the Middle East, are set to reach $2.5 billion in the 12 months through March 2023

Apple's iPhone exports from India crossed $1 billion mark in 5 months
Updated On : 05 Oct 2022 | 12:12 AM IST

Adani Group's stock surge at risk of reversal, technical indicator shows

The stock rallies of Gautam Adani's companies, which expanded his fortune at a pace that outran all other billionaires globally, is set for a reversal, according to a technical indicator

Adani Group's stock surge at risk of reversal, technical indicator shows
Updated On : 04 Oct 2022 | 11:04 PM IST

UK PM Liz Truss hints at benefits cuts, courts fresh Tory rebellion

When people are on a fixed income, when they are pensioners, it is quite hard to adjust. It's a different situation for people who are in the position to be able to work, said Liz Truss

UK PM Liz Truss hints at benefits cuts, courts fresh Tory rebellion
Updated On : 04 Oct 2022 | 10:34 PM IST

Tesla analysts most bullish on EV maker in more than seven years

Tesla shares are rising Tuesday, up as much as 5.6% to touch $255.91, rebounding from Monday's sharp selloff after third-quarter deliveries missed expectations

Tesla analysts most bullish on EV maker in more than seven years
Updated On : 04 Oct 2022 | 10:02 PM IST

Cathie Wood scoops up Tesla as stock tumbles on deliveries miss in Q3

Funds backed by Wood's Ark Investment Management LLC bought 132,213 shares in Elon Musk's company on Monday, marking the firm's first purchase of Tesla since mid-June

Cathie Wood scoops up Tesla as stock tumbles on deliveries miss in Q3
Updated On : 04 Oct 2022 | 6:42 PM IST

Even Indian bonds are not spicy enough for global investors to bite

What will break the impasse and when? Apart from some simplification of processes and taxation, a lot will depend on the Reserve Bank of India's policies, especially on exchange rates.

Even Indian bonds are not spicy enough for global investors to bite
Updated On : 04 Oct 2022 | 6:01 PM IST

HSBC says exploring sale of Canadian operations for latest disposal

A potential sale of HSBC's 100% equity stake in HSBC Bank Canada is among the options being explored, the lender said in a statement.

HSBC says exploring sale of Canadian operations for latest disposal
Updated On : 04 Oct 2022 | 4:27 PM IST

Nestle to invest $1 billion towards sustainable coffee farming plan

The new plan builds on a previous coffee-sustainability effort that started 12 years ago involving around 100,000 farmers; the goal is to double that in the coming years

Nestle to invest $1 billion towards sustainable coffee farming plan
Updated On : 04 Oct 2022 | 3:55 PM IST

Greenwashing enters a $22 trillion debt market, derailing climate goals

Fashion giant Chanel, known for its iconic perfume and tweed suits, keeps up to date with changing tastes.

Greenwashing enters a $22 trillion debt market, derailing climate goals
Updated On : 04 Oct 2022 | 2:33 PM IST

September's credit wipeout foretells even more pain in for US investors

The pain is just beginning for investors in US credit markets after Federal Reserve tightening and recession angst sent investment-grade bonds, high-yield debt and leveraged loans spiraling in Sept

September's credit wipeout foretells even more pain in for US investors
Updated On : 04 Oct 2022 | 9:35 AM IST

Credit Suisse plummets 12%, options worsen as market mayhem takes toll

Shares in the Swiss banking giant plummeted 12% to an all-time low on Monday after a weekend of fevered Twitter speculation about its financial health, before they regained almost all of the losses

Credit Suisse plummets 12%, options worsen as market mayhem takes toll
Updated On : 04 Oct 2022 | 9:32 AM IST

OPEC+ production cut poses new threat to Joe Biden as election nears

More than a month after tweeting he had vanquished "Putin's price hike at the pump," Biden faces forces that even the US government can't match.

OPEC+ production cut poses new threat to Joe Biden as election nears
Updated On : 04 Oct 2022 | 8:58 AM IST

Samsung sets 5-year plan to lure US chip buyers with tech advances

The company's chip contract-manufacturing unit -- known as a foundry -- is looking to triple its revenue by that year from the 2021 level, Senior Vice President Moonsoo Kang said at a briefing Monday

Samsung sets 5-year plan to lure US chip buyers with tech advances
Updated On : 04 Oct 2022 | 7:48 AM IST

Turkey inflation hits fresh 24-year high of 83% in September, shows data

The acceleration follows a series of interest-rate cuts this year by central bank Governor Sahap Kavcioglu that threaten to pile even more pressure on inflation

Turkey inflation hits fresh 24-year high of 83% in September, shows data
Updated On : 03 Oct 2022 | 11:13 PM IST

Credit Suisse mkt turmoil deepens after CEO memo backfires; stock falls 12%

The turmoil was sparked by a memo late that day from Chief Executive Officer Ulrich Koerner, in which he had sought to play down speculation surrounding the bank's overhaul plans

Credit Suisse mkt turmoil deepens after CEO memo backfires; stock falls 12%
Updated On : 03 Oct 2022 | 11:06 PM IST

More than 12,000 crypto coins become zombies in market slump: Report

Most blockchain projects are built around bespoke digital coins, which often function as user rewards and compensate developers for their woring them inck, giventive to stay involved

More than 12,000 crypto coins become zombies in market slump: Report
Updated On : 03 Oct 2022 | 5:13 PM IST