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Bloomberg

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China's ecommerce giants rally to shield economy from Trump tariff impact

If Trump's tariffs persist, they could severely impact business models of Temu, Shein, Alibaba's global units, and thousands of small Chinese exporters reliant on the US market

China's ecommerce giants rally to shield economy from Trump tariff impact
Updated On : 29 Apr 2025 | 10:48 AM IST

Here's why restarting a power grid after massive collapse is so hard

It's unclear what caused the initial disruption or why it cascaded so dramatically into a widespread failure. But, notably, Spain has been one of the leaders in rolling out wind and solar generation

Here's why restarting a power grid after massive collapse is so hard
Updated On : 29 Apr 2025 | 10:14 AM IST
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Updated On : 29 Apr 2025 | 10:04 AM IST

Japan worries Trump's tariffs will push Asian nations towards China

Onodera, a former Japan defence minister, stressed the need to reinforce defence cooperation with the US amid growing threats, including from Beijing

Japan worries Trump's tariffs will push Asian nations towards China
Updated On : 29 Apr 2025 | 9:51 AM IST

A mystery power outage forces Madrid to adjust to life off the grid

By the time Prime Minister Pedro Sanchez finally addressed the nation six hours later, people in downtown Madrid were gathering around the old-fashioned transistor radio to get the latest news

A mystery power outage forces Madrid to adjust to life off the grid
Updated On : 29 Apr 2025 | 9:27 AM IST

Indian stock market's $489-bn equity rally is winning back global funds

Overseas investors turned net buyers in mid-April, drawn to the nation as a relative haven from tariff uncertainty

Indian stock market's $489-bn equity rally is winning back global funds
Updated On : 29 Apr 2025 | 8:50 AM IST

Iran dangles 'trillion dollar' incentive for Donald Trump in deal talks

With talks between Iran and the US over the Islamic Republic's atomic activity showing signs of progress, top Iranian officials are for the first time overtly promoting their economy to White House

Iran dangles 'trillion dollar' incentive for Donald Trump in deal talks
Updated On : 29 Apr 2025 | 8:42 AM IST

Mark Carney's Liberals win Canada election, setting up talks with Trump

Carney's triumph represents a stunning turnaround for the Liberals, a party that has governed Canada for most of the past century but seemed on track for a historic electoral drubbing

Mark Carney's Liberals win Canada election, setting up talks with Trump
Updated On : 29 Apr 2025 | 8:30 AM IST

Bain Capital gets $136 mn buyout loan for Indian auto parts maker Dhoot

The five-year facility is split into a $111 million term loan and a $25 million revolving credit facility, said the people, who asked not to be identified discussing private matters

Bain Capital gets $136 mn buyout loan for Indian auto parts maker Dhoot
Updated On : 28 Apr 2025 | 10:44 PM IST

Asia weighs growing nuclear ambitions as US defence commitments waver

In 2025, a new atomic arms race is stirring, this time not provoked by Russia, China or North Korea but instead by President Donald Trump's trade war

Asia weighs growing nuclear ambitions as US defence commitments waver
Updated On : 28 Apr 2025 | 1:01 PM IST

Thailand launches Digital Arrival card for foreign visitors amid crackdown

Starting Monday, travelers can fill up the Thailand Digital Arrival Card for trips beginning Thursday. The online card replaces the previously used paper form, and is mandatory for all foreigners

Thailand launches Digital Arrival card for foreign visitors amid crackdown
Updated On : 28 Apr 2025 | 12:34 PM IST

Will AI help Denmark avoid its Nokia moment as Ozempic boom starts fading?

Designed specifically for big AI projects, Gefion - named after the Norse goddess of fertility - was funded to the tune of $87 million by Novo's nonprofit foundation, in partnership with Nvidia Corp

Will AI help Denmark avoid its Nokia moment as Ozempic boom starts fading?
Updated On : 28 Apr 2025 | 12:09 PM IST

Feeling unwelcome: Why I'm thinking twice about travelling to Trump's USA

Going through the US border was already an intimidating experience, and now it has gotten terrifying

Feeling unwelcome: Why I'm thinking twice about travelling to Trump's USA
Updated On : 28 Apr 2025 | 11:10 AM IST

Chinese firms turn to Indian exporters to help fill orders amid US tariffs

At the Canton Fair that runs through May 5 in Guangzhou - the world's biggest trade fair - several Indian firms were approached by Chinese companies to supply goods to their US customers

Chinese firms turn to Indian exporters to help fill orders amid US tariffs
Updated On : 28 Apr 2025 | 10:55 AM IST

N Korea confirms troop deployment to Russia for first time amid Ukraine war

North Korea's Central Military Commission said the decision to join the war was in line with the two countries' mutual defence treaty sealed last year

N Korea confirms troop deployment to Russia for first time amid Ukraine war
Updated On : 28 Apr 2025 | 10:52 AM IST

No 'investible ideas'? DSP Mutual Fund raises cash amid pricey valuations

The dicey environment has pushed Abhishek Singh, who oversees over $2 billion of assets at DSP Mutual Fund, to increase cash holdings in a large cap fund to nearly 13 per cent as of March-end

No 'investible ideas'? DSP Mutual Fund raises cash amid pricey valuations
Updated On : 28 Apr 2025 | 9:38 AM IST

Mega buyouts can support, not hinder Japan Inc's reform despite Toyota deal

Toyota Industries said this weekend there was at this moment no buyout proposal by the Toyota group or the family, adding it has received various proposals

Mega buyouts can support, not hinder Japan Inc's reform despite Toyota deal
Updated On : 28 Apr 2025 | 9:20 AM IST

Global race to lure US researchers intensifies after Trump cuts funding

The Trump administration has halted large swaths of federally funded research and embarked on mass layoffs under a government-wide cost-cutting initiative led by billionaire Elon Musk

Global race to lure US researchers intensifies after Trump cuts funding
Updated On : 28 Apr 2025 | 8:51 AM IST

Welcome to the Thunderdome: Trump's chaotic quest to reshape America

Trump's aggressive pace is accompanied by greater confidence in his political instincts and an inner circle even more stocked than last time with loyalists

Welcome to the Thunderdome: Trump's chaotic quest to reshape America
Updated On : 28 Apr 2025 | 8:44 AM IST

Jerome Powell draws applause on independence at closed-door IMF meeting

Powell delivered an impassioned defense of central bank independence when he addressed policymakers and finance ministers during a meeting on Friday

Jerome Powell draws applause on independence at closed-door IMF meeting
Updated On : 27 Apr 2025 | 11:30 PM IST