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Bloomberg

Bloomberg

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In support of Jimmy Lai: Hong Kong protestors drive 1,100% stock gain

Now Hong Kong's pro-democracy supporters are wielding a new protest weapon: their stock-market trading accounts.

In support of Jimmy Lai: Hong Kong protestors drive 1,100% stock gain
Updated On : 12 Aug 2020 | 1:28 AM IST

Russia registers first Covid vaccine, hopes to begin mass inoculation soon

"The first registration has taken place," Putin said Tuesday at a televised government meeting, adding that one of his daughters has already been given the vaccine

Russia registers first Covid vaccine, hopes to begin mass inoculation soon
Updated On : 12 Aug 2020 | 1:22 AM IST

Donald Trump says he is 'seriously' considering a capital gains tax cut

The president can't unilaterally cut the 20 per cent long-term capital gains rate without Congress, but some advisers tell him he could issue an executive order

Donald Trump says he is 'seriously' considering a capital gains tax cut
Updated On : 12 Aug 2020 | 1:21 AM IST

American Express in advanced talks to buy SoftBank-backed Kabbage

American Express Co.'s small-business aspirations just took another step forward

American Express in advanced talks to buy SoftBank-backed Kabbage
Updated On : 12 Aug 2020 | 1:11 AM IST

SoftBank returns to black as Vision Fund recovers from Covid-19 pandemic

Recovery largely due to rising valuations of bets like Uber and Slack

SoftBank returns to black as Vision Fund recovers from Covid-19 pandemic
Updated On : 12 Aug 2020 | 1:06 AM IST

Tim Cook hits billionaire status as Apple's market value nears $2 trn

Apple's share price rose almost 5% last week, leaving the company Jobs co-founded 44 years ago in his parents' California home on the cusp of stock-market milestone: a market value of nearly $2 trn

Tim Cook hits billionaire status as Apple's market value nears $2 trn
Updated On : 12 Aug 2020 | 1:00 AM IST

Top AirAsia officials suspended after pilot alleges safety lapses

AirAsia India's head of operations, Manish Uppal, and head of safety, Mukesh Nema, were suspended for three months

Top AirAsia officials suspended after pilot alleges safety lapses
Updated On : 12 Aug 2020 | 12:24 AM IST

Why even herd immunity may not prove to be the best bet against Covid-19

Herd immunity, as a general concept, could mean a more dangerous virus for some areas and population subgroups

Why even herd immunity may not prove to be the best bet against Covid-19
Updated On : 11 Aug 2020 | 6:44 PM IST

'Experiment on me first': Duterte accepts Russia's Covid-19 vaccine offer

Philippine president says Manila can assist Moscow in clinical trials and local production of the vaccine.

'Experiment on me first': Duterte accepts Russia's Covid-19 vaccine offer
Updated On : 11 Aug 2020 | 12:17 PM IST

Fuelling jugaad: Indian farmers' hacks threaten demand for diesel

Farmers' exasperation was driven by diesel prices bloated by a fivefold jump in central government taxes over the last five years.

Fuelling jugaad: Indian farmers' hacks threaten demand for diesel
Updated On : 11 Aug 2020 | 8:17 AM IST

Unplanned lockdowns slow economic recovery as unemployment rises

Economy already headed for its worst slump in more than four decades, with the International Monetary Fund estimating the nation's GDP will shrink 4.5% this year.

Unplanned lockdowns slow economic recovery as unemployment rises
Updated On : 11 Aug 2020 | 6:18 AM IST

Global market capitalisation exceeds world GDP, evoking 'bubble' concern

Total stock market capitalisation reached $87.83 trillion on Sunday

Global market capitalisation exceeds world GDP, evoking 'bubble' concern
Updated On : 11 Aug 2020 | 1:13 AM IST

Tencent Holdings shares lose $66 billion in 2-day rout on WeChat ban

The stock fell 4.8 per cent Monday and nearly reached Friday's low

Tencent Holdings shares lose $66 billion in 2-day rout on WeChat ban
Updated On : 11 Aug 2020 | 12:55 AM IST

China's counter-sanctions avoid top Trump aides; Ted Cruz, Rubio targeted

The US said Friday that it was placing sanctions on 11 Chinese officials and their allies in Hong Kong, including Chief Executive Carrie Lam, over their roles in curtailing political freedoms

China's counter-sanctions avoid top Trump aides; Ted Cruz, Rubio targeted
Updated On : 11 Aug 2020 | 12:51 AM IST

Belarus police crush protests as ruler claims landslide win in polls

About 3,000 people were held by law enforcement including 1,000 in the capital, Minsk, the Interior Ministry said Monday

Belarus police crush protests as ruler claims landslide win in polls
Updated On : 11 Aug 2020 | 12:50 AM IST

Media tycoon Jimmy Lai arrested in Hong Kong, led away in handcuffs

Apple Daily, which is under Lai's media network Next Digital Ltd. and the biggest pro-democracy paper in Hong Kong, reported that nearly 200 officers were entering its offices

Media tycoon Jimmy Lai arrested in Hong Kong, led away in handcuffs
Updated On : 11 Aug 2020 | 12:43 AM IST

Covid-19: Truth is the first casualty of India's pandemic finance

Shadow banks will be the biggest losers. They will restructure their borrowers' loans but their own liabilities to banks won't get the same treatment

Covid-19: Truth is the first casualty of India's pandemic finance
Updated On : 10 Aug 2020 | 11:54 PM IST

Aramco still working on deal to buy $15 bn stake in Reliance Industries

Reliance's shares fell in mid-July after Chairman Mukesh Ambani said a transaction had been delayed "due to unforeseen circumstances in the energy market and the Covid-19 situation."

Aramco still working on deal to buy $15 bn stake in Reliance Industries
Updated On : 10 Aug 2020 | 10:18 PM IST

Covid-19 pandemic speeds up JSW Steel's US business revamp plan

JSW Steel outlined plans two years ago to invest $1 billion in the US to expand its global footprint

Covid-19 pandemic speeds up JSW Steel's US business revamp plan
Updated On : 10 Aug 2020 | 9:57 PM IST

Mail trail shows how Big Tech is pulling tricks from monopolists' handbook

Even though antitrust law might need to be amended to clarify what is -and isn't - acceptable practices by big tech, these documents show that there is enough evidence to file antitrust lawsuits

Mail trail shows how Big Tech is pulling tricks from monopolists' handbook
Updated On : 10 Aug 2020 | 7:33 PM IST