Page 739 - Bloomberg/undefined

Covid-19 overhauls decades of aviation boom; a third of 50,000 routes shut

With borders effectively shut from Europe to New Zealand, the bulk of the world's dropped routes are inevitably cross-border

WhatsApp under scrutiny as Germany probes messaging apps: Report

WhatsApp is the most used messaging app by Germans using Android devices with more than 7 million daily users

China, 14 Asia-Pacific nations set to sign world's biggest FTA

15 nations seek to announce the agreement by the end of this week's Asean Summit, which Vietnam is hosting virtually

TCS acquires Pramerica Technology Services from Prudential Financial

No cash will change hands and TCS will take on more than 1,500 Pramerica employees.

Biden must steer away from Trump's tariffs, focus on digital push in India

By the time Donald Trump and Prime Minister Narendra Modi walked hand-in-hand in a Houston stadium in September 2019, the US had raised tariffs on 14% of Indian exports

Future of retail at stake: Why Amazon is feuding with Biyani and Ambani

Amazon is willing to 'sink the ship' but doesn't want Reliance to acquire Future's assets, says one analyst.

Govt expands stimulus to 15% of economy, aims to create jobs and help firms

An additional outlay of Rs 180 billion will be made toward an affordable urban housing program

World's central banks are now begging govts to power economic rebound

Without aggressive fiscal stimulus now, economies may develop deep scars that hobble growth over the longer term. That could then leave central banks unable to prepare for the next shock or recession

Joe Biden is set to 'undo the Trump years' with civil rights makeover

Biden will seek to return the division to its original purpose, focusing on anti-discrimination laws that protect millions of people in minority groups that were mostly ignored in the Trump years

After worst decline in a decade, Indian companies see profits rebound

Aggregate net income of 46 NSE Nifty 50 members grew 4.8% from a year earlier in the quarter through September, according to data compiled by Bloomberg

Indian rupee set to return near pre-Covid-19 levels by March, says Nomura

Nomura expects the rupee to bounce back to 72 per dollar by end-March, a level last seen in February

Singapore makes move to attract top global tech talent, announces new visa

The two-year visa isn't designed for mid-tier tech workers who might compete with locals for jobs

India in historic technical recession, RBI signals in first ever nowcast

"India has entered a technical recession in the first half of 2020-21 for the first time in its history," the authors wrote. The government is due to publish official statistics Nov. 27

Xi's Hong Kong move seen as message to Biden: Will not tolerate dissent

China's top legislative body on Wednesday passed a resolution allowing for the disqualification of any Hong Kong lawmakers who aren't deemed sufficiently loyal

Ex-Google exec Arun Majumdar top pick to be Biden's energy secretary

The Energy Department has a budget of about $35 billion and a disparate mission that includes helping to build the nation's nuclear warheads, maintaining its emergency stockpile of oil

Falling vegetable prices give RBI respite from pressure on inflation, rates

The wholesale price for staples such as onions was 29 rupees (39 cents) a kilogram in New Delhi on Tuesday, down 29% from Nov. 1

Biden edges ahead of Trump; chances of win widen as more votes come in

Biden is leading the popular vote count by about 2.5 million votes, a gap that's expected to widen as more West Coast ballots are tallied, as both candidates exceeded comparative tallies from 2016

Derailing of Jack Ma's Ant Group IPO shows Xi Jinping is in charge

Decision shows party takes precedence on business decisions

China's decision to halt Ant IPO threatens $400-mn payday for bankers

Dealmakers at firms including Citigroup and JPMorgan Chase & Co were set to feast on an estimated fee pool of nearly $400 million for handling the Hong Kong portion of the sale

Three data points to gauge sentiment towards EMs after election results

A stronger greenback will reduce the allure of developing-nation assets