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Bloomberg

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Ukraine wants India to play more active role in ending war with Russia

India is reliant on Russia for military weapons and cheap oil, and has refrained from condemning Vladimir Putin for his invasion of Ukraine two years ago

Ukraine wants India to play more active role in ending war with Russia
Updated On : 11 Sep 2024 | 12:04 PM IST

Hedging against volatility in NSE Nifty Bank Index suddenly looks cheap

Indian bank stocks have lagged the broader market, with sluggish deposit growth raising concerns that more regulation may be coming

Hedging against volatility in NSE Nifty Bank Index suddenly looks cheap
Updated On : 11 Sep 2024 | 10:39 AM IST

Investors betting on India, Korea to fill gaps from US Biosecure Act

The Biosecure Act would restrict federally funded medical providers from contracting with a select group of Chinese biotech companies

Investors betting on India, Korea to fill gaps from US Biosecure Act
Updated On : 11 Sep 2024 | 9:32 AM IST

L&T joins semiconductor race, to create chip firm and invest over $300 mn

The tech-to-construction company will spend the money over three years to establish a fabless chipmaker, which designs and sells semiconductors but contracts out their production

L&T joins semiconductor race, to create chip firm and invest over $300 mn
Updated On : 11 Sep 2024 | 9:15 AM IST

Boeing must be 'in the green' before 737 Max cap lifted, says FAA chief

The FAA capped output of Boeing's 737 Max at a rate of 38 per month in the wake of a January near-catastrophe, in which a door cover blew off during flight

Boeing must be 'in the green' before 737 Max cap lifted, says FAA chief
Updated On : 11 Sep 2024 | 7:33 AM IST

US airlines may soon face cash penalties for delayed, cancelled flights

This proposed compensation scheme would mean US airlines would have to pay a set cash payment amount to each passenger on a disrupted flight, in addition to compensation for meals and lodging

US airlines may soon face cash penalties for delayed, cancelled flights
Updated On : 11 Sep 2024 | 7:23 AM IST

BMW brake recall, VW job threat deepen German automobile industry crisis

BMW shares plunged after the company disclosed the spiraling cost of a recall affecting 1.5 million vehicles due to faults with their Continental AG braking systems

BMW brake recall, VW job threat deepen German automobile industry crisis
Updated On : 10 Sep 2024 | 11:34 PM IST

Mario Draghi's call for joint EU bonds hits wall of German opposition

That reaction from Berlin highlights the challenges of turning a 400-page recipe to restore competitiveness and help the bloc compete on global markets into reality

Mario Draghi's call for joint EU bonds hits wall of German opposition
Updated On : 10 Sep 2024 | 11:28 PM IST

TSMC revenue increases by 33% in August as AI chip demand holds up

Taiwan's largest company now makes more than half of its revenue from high-performance computing, the segment of its business driven by AI demand

TSMC revenue increases by 33% in August as AI chip demand holds up
Updated On : 10 Sep 2024 | 11:28 PM IST

Ex-Samsung executives arrested for allegedly stealing tech for China

The Seoul Metropolitan Police Agency on Tuesday described how the pair had collaborated with local Chinese officials to build a semiconductor facility

Ex-Samsung executives arrested for allegedly stealing tech for China
Updated On : 10 Sep 2024 | 11:08 PM IST

Apple loses European Union top court fight over $14.4 bn Irish tax bill

"It's important to show European taxpayers that once in a while, tax justice can be done," Vestager told reporters in Brussels in response to questions on her Apple win

Apple loses European Union top court fight over $14.4 bn Irish tax bill
Updated On : 10 Sep 2024 | 10:56 PM IST

James Earl Jones, acclaimed actor and voice of Darth Vader, dies at 93

Barrel chested and 6 feet 2 inches tall, Jones was a dominating presence whether on stage, on screen or merely by sound

James Earl Jones, acclaimed actor and voice of Darth Vader, dies at 93
Updated On : 10 Sep 2024 | 10:54 PM IST

IMF pushes Kyiv on transparency after Ukrenergo chief Kudrytskyi's ouster

Kudrytskyi, who had worked closely with Ukraine's Western donors in efforts to shore up a power system decimated by Russian attacks, was ousted from the top job Sept. 2 by the supervisory board

IMF pushes Kyiv on transparency after Ukrenergo chief Kudrytskyi's ouster
Updated On : 10 Sep 2024 | 10:48 PM IST

CIL planning to invest $8 bn to build coal-fired plants near its mines

The state-owned miner has already won approval for 4.7 gigawatts of generation to be built over the next six to seven years

CIL planning to invest $8 bn to build coal-fired plants near its mines
Updated On : 10 Sep 2024 | 3:09 PM IST

DBS may tap Goldman Sachs to help find insurance partner in India, Taiwan

The Singapore-based lender is working with Goldman Sachs Group Inc. as an adviser on potential ban assurance agreements for those markets

DBS may tap Goldman Sachs to help find insurance partner in India, Taiwan
Updated On : 10 Sep 2024 | 11:30 AM IST

Apple iPhone 16's camera control button stands out as most visible change

Pressing it once instantly brings up the camera launch screen, letting you fine-tune the shot. A second touch will take the photo

Apple iPhone 16's camera control button stands out as most visible change
Updated On : 10 Sep 2024 | 8:30 AM IST

Kenyan court suspends govt plan to allow Adani to operate main airport

The parties also argue that the $1.85 billion deal between the government and Adani Airport is unaffordable, threatens job losses, exposes the public disproportionately to fiscal risk

Kenyan court suspends govt plan to allow Adani to operate main airport
Updated On : 10 Sep 2024 | 7:21 AM IST

Brown University trustee Edelman resigns over divestment vote on Israel

Brian Clark, a school spokesperson, responded that Edelman has a 'fundamental misunderstanding of the decisions that led to the upcoming vote on divestment'

Brown University trustee Edelman resigns over divestment vote on Israel
Updated On : 09 Sep 2024 | 11:50 PM IST

KKR's Agrawal calls industrial infra 'next big thing' in asset class

Data centers and logistics have been big plays for alternative asset managers in real estate and infrastructure as they look to capitalize on long-term trends

KKR's Agrawal calls industrial infra 'next big thing' in asset class
Updated On : 09 Sep 2024 | 11:05 PM IST

Colombian rebels, world's oldest guerrilla force revive war on oil firms

The rebels have long viewed the oil industry as a military target as well as a cash cow, its antagonism comes from its belief that Colombia should have sovereignty over its natural resources

Colombian rebels, world's oldest guerrilla force revive war on oil firms
Updated On : 09 Sep 2024 | 11:00 PM IST