Page 115 - Bloomberg/workspace/business Standard Web/undefined

Equity firm PAG considering sale of $1.2 billion stake in India's Nuvama

Blackstone Inc.-backed PAG is working with financial advisers on a strategic review of its more than 54 per cent stake in the Indian wealth manager

Trump ramps up pressure on Apple after investors reject proposal to end DEI

The comments come a day after Apple investors rejected an outside shareholder proposal to end its DEI initiatives

President Trump's tariffs threat tests EU's resolve to hurt Apple and Meta

The US President warned last week that he'd strike back with heavy tariffs following any "disproportionate" penalties and said that the EU's Digital Markets Act is in his crosshairs

What makes Pershing Square Capital's Ackman Warren Buffett's true successor

Indeed, the true successor to Buffett's legacy as market oracle may be operating outside of Berkshire

Tesla sales plunge globally as anti-Elon Musk backlash takes hold

In California, Tesla sales fell 12 per cent last year as Musk attacked leaders of a state that played a pivotal role in the carmaker surviving its tumultuous early years

Here's a list of tech giants that have pledged over $1 trn in US investment

Below are the major tech investments announced since Trump took office for a second time

Trump to sign order to reinforce rules for healthcare cost transparency

The order directs regulators to update their enforcement policies to make sure health care providers and insurers are complying with the rules, first issued in 2019

El Nino, La Nina forecast: Agencies grapple with prediction challenges

The contrasting styles underscore the challenge for agencies seeking to balance demands for certainty against the volatility of weather

USAID contractors warn of shutdowns and lawsuits with millions owed

On Tuesday afternoon, a judge ordered the US government to pay what it owes by midnight Wednesday, a decision the US government appealed a few hours later

President Trump to force migrants to join registry or face fines, prison

Under the new requirement, any foreigner 14 years old or above who hasn't previously been fingerprinted or registered by the US government must join the registry and update

Elon Musk isn't running DOGE but Amy Gleason is, says White House official

Gleason, a health care technology executive, is serving as the acting administrator of DOGE, according to a White House official, who requested anonymity to discuss a matter that is not public

Elon Musk's India move shows the cracks in Donald Trump's coalition

Tesla has long wanted to sell cars in India, but Musk has balked at the high tariffs that would be applicable on imported high-end EVs

Tesla's market capitalisation slips below $1 trillion as Europe sales sink

Tesla shares are now by far the biggest decliner among the mega-cap technology stocks, weighing heavily on the group's overall performance

Centre considers to revamp bankruptcy laws amid low recovery rates

The Insolvency and Bankruptcy Board of India is finalizing a set of proposals aimed at speeding up resolution

Centre mulls $1 billion subsidy plan to boost solar manufacturing industry

The plan has the backing of the top advisers in Prime Minister Narendra Modi's office and is expected to be presented to the cabinet for approval in the next few months, they said

Donald Trump's team seeks to toughen Biden's chip controls over China

Trump officials recently met with their Japanese and Dutch counterparts about restricting Tokyo Electron Ltd and ASML Holding NV engineers from maintaining semiconductor gear in China

Here's why banks in Hong Kong are taking the fight to crypto bros

Developments in Hong Kong, which has finalised a regulatory regime for stablecoins, will be watched keenly in the US where such rules are still being debated, albeit in a newly favourable climate

Elon Musk sees to install Starlink terminals in US airspace network

The people said it was unclear how the use of Starlink terminals might impact the existing Verizon contract

Apple executive testifies App Store fees risked violating court order

Epic contends Apple still hasn't complied with her order, more than a year after the company exhausted appeals all the way to the US Supreme Court

UK sanctions Chinese firms in clampdown on supplies to Russia amid war

The fresh sanctions, which also apply to some firms in Thailand and India, target those who support Russia's military regime and the supply networks it relies on, the UK's Foreign Office said