Bloomberg/workspace/business Standard Web/undefined

Trump links Greenland threats to Nobel prize snub in letter to Norway's PM

Trump rattled Nato allies over the weekend after threatening to impose tariffs on a group of European members of the alliance if he doesn't get control of Greenland

Bitcoin drops below $92K as Trump's EU tariffs weigh on risk assets

Trump said over the weekend that he would impose a 10 per cent tariff on goods from 8 European nations starting Feb 1, rising to 25 per cent in June unless there's a deal for a 'purchase of Greenland'

Rate cuts drive stronger loan growth, boosting profits for India's banks

Banks will see loan growth pick up in the October-December quarter after the RBI's rate cuts last year and the 100 basis points cut to the cash reserve ratio in June

SC's ruling against Tiger Global clouds outlook for India's buyout sector

The decision has major implications for private equity funds that have set up shell entities in the offshore haven to channel investments into India, according to lawyers

China's economic momentum weakens despite meeting 5% growth goal

The world's second-largest economy expanded 4.5 per cent last quarter from a year earlier, the slowest pace since the reopening from Covid lockdowns in late 2022

Nvidia supplier Micron warns memory chip shortage to last beyond 2026

Global smartphone shipments may decline 2.1 per cent next year as a shortage of memory chips drives up costs and squeezes production, industry tracker Counterpoint Research estimated in December

Trump's tariffs over Greenland have blown up EU appeasement plan

Moments before von der Leyen stepped to the podium in Paraguay, the US president dropped a blistering announcement: He was piling more tariffs on Europe over its support for Greenland

Trump must take Greenland as Europe too 'weak' to ensure security: Bessent

Trump's latest salvo to wrest control of Greenland from Denmark - a Nato ally and EU member - slaps a 10 per cent tariff on goods from eight European countries on Feb 1, rising to 25 per cent in June

Canada weighs sending troops to Greenland despite Trump tariff threat

The government has drafted plans for a small number of Canadian Armed Forces troops to join those from the UK, France, Denmark and other nations

China's $7 trillion cash pile begins shifting into higher-yield assets

Investors are weighing a move into stocks, wealth management products or insurance, which would align with Beijing's efforts to cultivate sustainable market gains to support the broader economy

India's private investment is missing, and the state is crowding it out

Despite headline GDP growth, weak private capex and rising public borrowing are creating a government-led model that keeps credit scarce, raises rates, and threatens India's long-term growth momentum

Gaza Board of Peace takes shape as Israel raises objections to plan

Argentine President Javier Milei and Canadian Prime Minister Mark Carney are set to become founding members, they announced on Saturday

Musk seeks up to $134 billion from OpenAI, Microsoft in fraud lawsuit

OpenAI has warned investors to expect Musk to make attention-grabbing claims as the legal fight heads to trial

China's rare-earth product exports fall as tensions with Japan draw focus

Rare earths have emerged as a flash point in trade relations in recent years, with the US and other nations seeking to challenge China's dominance of their mining and processing

BlackRock's Rick Rieder bid for US Federal Reserve chair gainining momentum

The search is now a four-man race, some of the people said, among Rieder, National Economic Council Director Kevin Hassett, Fed Governor Christopher Waller and former governor Kevin Warsh

China's fresh tech surge powers stock rally despite fragile economic growth

Thanks to fresh progress in sectors from commercial rockets to robotics and flying cars, Chinese tech shares have begun the new year with a bang

Trump wants nations to pay $1 bn to stay on his new 'board of peace'

Trump has invited a number of world leaders, to be part of a board of peace for Gaza, which would be formed under the broader umbrella of his new board of peace

Centre to start recovery of taxes from Tiger Global after top court ruling

The US-based investment firm's substantial sale of Flipkart's stake to Walmart Inc. was one of the largest exits by a foreign investor in the Indian e-commerce sector

Minneapolis protesters win court ruling limiting ICE use of force

US District Judge Katherine Menendez on Friday isssed a temporary injunction limiting when Immigration and Customs Enforcement agents can deploy chemical irritants into crowds

Trump wants tech giants to fund power for AI data centres; they'd love to

Under Trump's plan, grid operator PJM Interconnection LLC will hold an auction for tech companies to bid on 15-year contracts for new electricity generation capacity