Bloomberg
Bloomberg
Page 580 - Bloomberg/undefined
US to urge India, Japan to back its plan for cap on Russia oil price
The strategy, raised among Group of Seven leaders last month, is to limit the revenue Moscow earns from oil exports without driving Russian cargoes off the global market
 "US to urge India, Japan to back its plan for cap on Russia oil price")
About 30 million people face Covid-19 pandemic curbs in China: Report
The nation reported 352 new cases for Sunday, with the daily figure hovering over 300 for the past week, the highest level since late May
 "About 30 million people face Covid-19 pandemic curbs in China: Report")
Twitter lawyers up to sue Musk on broken buyout deal; stock sinks 8%
Shares dropped 8.8% to $33.59 as of 12 p.m., on track to erase about $2.5 billion in market value
 "Twitter lawyers up to sue Musk on broken buyout deal; stock sinks 8%")
Byju's struggles to close $800-mn funding as investors balk amid tech rout
Investors including Sumeru Ventures and little-known firm Oxshott haven't transferred about $250 million of the targeted amount because of 'macroeconomic reasons'
 "Byju's struggles to close $800-mn funding as investors balk amid tech rout")
Bitcoin is more likely to hit $10,000 than $30,000, finds MLIV Pulse survey
This sector remains a polarizing one: while some 28% of the overall respondents expressed strong confidence that cryptocurrencies are the future of finance, 20% said they're worthless.
 "Bitcoin is more likely to hit $10,000 than $30,000, finds MLIV Pulse survey")
SpiceJet sees another technical glitch after flight lands in Dubai: Report
The plane, an eight-year-old Boeing Co. 737 next generation jet, had flown from India to Dubai on Monday and after landing was discovered to have a technical issue with its nose wheel
 "SpiceJet sees another technical glitch after flight lands in Dubai: Report")
Billionaires are vying for Metro's Indian wholesale unit: Report
Thailand's CP Group, Reliance have submitted non-binding bids, according to people familiar with the matter; Amazon is also considering entering the race with an offer
 "Billionaires are vying for Metro's Indian wholesale unit: Report")
China's $220-bn stimulus unlikely to reverse global metals meltdown
Extra funds will likely be used to plug Covid-era budget gaps, and won't tackle the bigger issue for metals demand: a subdued property market and a still-struggling manufacturing sector
 "China's $220-bn stimulus unlikely to reverse global metals meltdown")
Who killed Abe and what was the motive? Everything we know so far
The suspect had followed Abe to other campaign events including one in Okayama on July 7, apparently in an attempt to find a venue at which an attack would be possible
 "Who killed Abe and what was the motive? Everything we know so far")
Almost 4.5 million UK families are under serious financial difficulties
Of those in serious financial difficulty, 71% have reduced the quality of food they eat, 36% have sold or pawned possessions and 27% have canceled or not renewed insurance
 "Almost 4.5 million UK families are under serious financial difficulties")
People power brought down the Rajapaksas in Sri Lanka. But what's next?
If there's one thing these protesters have shown, it is that the Rajapaksas can be defeated
 "People power brought down the Rajapaksas in Sri Lanka. But what's next?")
China stimulus unlikely to reverse rout in the global metals market
While Chinese stimulus played a role in rescuing industrial commodities from slumps in global demand, after the 2008 financial crisis, in late 2015, and in 2020, there's much more caution this time
 "China stimulus unlikely to reverse rout in the global metals market")
Joe Biden says action on China import tariffs still being discussed
Biden's administration has been considering easing some Trump-era tariffs on consumer goods from China for some time amid divisions among his team
 "Joe Biden says action on China import tariffs still being discussed")
Donald Trump lashes out at Elon Musk and the 'rotten' Twitter deal
Trump's comments come in the wake of Musk expressing a leaning toward Ron DeSantis, currently the Florida governor and a favored Republican candidate for the 2024 presidential election
 "Donald Trump lashes out at Elon Musk and the 'rotten' Twitter deal")
Elon Musk effort to kill deal leaves Twitter with only bad options
Musk's regulatory filing Friday announcing plans to walk away from his $44 billion purchase touched off a nightmare scenario for Twitter
 "Elon Musk effort to kill deal leaves Twitter with only bad options")
Recession angst spurs pivot to emerging world's growth engines
Central Asia and Asia Pacific are the only two regions in emerging markets handing local-currency bond investors positive returns this month, according to a Bloomberg index
 "Recession angst spurs pivot to emerging world's growth engines")
Race to replace Johnson heats up as big names target 10 Downing Street
Sajid Javid, the former Health Minister, and former Foreign Secretary Jeremy Hunt, who lost to Johnson in the 2019 leadership runoff, used interviews in a newspaper to announce their campaigns
 "Race to replace Johnson heats up as big names target 10 Downing Street")
Rice production under threat due to higher fertilizer costs, booming demand
China's worried about the crop impact of pests, while India's output depends on a good monsoon
 "Rice production under threat due to higher fertilizer costs, booming demand")
Sri Lanka protesters enter presidential home, Gotabaya escorted to safety
Rajapaksa was escorted to safety away from the compound, Agence France-Presse cited an unidentified defense official as saying
 "Sri Lanka protesters enter presidential home, Gotabaya escorted to safety")
Bankers look past Elon Musk's Twitter fickleness for future deals
While Musk has said he's walking away, Twitter has vowed to keep the deal alive and has threatened legal action