Page 192 - Bloomberg/workspace/business Standard Web/undefined

US elections: Trump looks to crash Harris' party and take back spotlight

The frantically arranged week belies Trump's concerns that he's lost the ability to drive the news cycle as he did when President Joe Biden, 81, was still running for reelection

Apple likely to set Sept 10 for new iPhones, AirPods, and watches debut

A bigger chunk of sales will come the following quarter, which coincides with the holiday season. Analysts have predicted that revenue will climb 7 per centto $128.4 billion in that period

Robert F Kennedy Jr backs Trump, suspends outsider presidential campaign

By dropping out and backing Trump over Harris, Kennedy is hoping to retain a foothold for his agenda - which includes vaccine skepticism, an isolationist foreign policy, and a focus on health

Goldman Sachs Group cuts India's 2024 and 2025 GDP growth forecasts

The bank now expects the nation's economy to expand at 6.7% in calendar 2024, and 6.4% in 2025.

Jerome Powell says 'time has come' for US Fed to cut interest rates

Swaps traders held roughly steady in their pricing, with the total rate cuts they foresee through the end of 2024 at about 102 basis points

Nestle to focus on food sales again after CEO's experimental bets

Companies like Nestle are grappling with sluggish demand, as inflation-squeezed shoppers tighten their belts

Biden adviser Jake Sullivan heads to China for talks before election

The trip will be Sullivan's first to China as President Joe Biden's top national security aide, and will feature meetings with Foreign Minister Wang Yi

Tesla's steep price reductions are fueling used eletric vehicle sales

CarMax Inc.'s superstore in Fremont, California, has seen a stream of shoppers more willing than ever to kick the tires on an electric vehicle

Govt to appoint new external members to MPC ahead of crucial rate meeting

The selection panel, comprising the governor of the Reserve Bank of India and government officials, will recommend probable candidates in the next two weeks

Kamala Harris accepts historic nomination to start election sprint

Her challenge now is to harness the energy and excitement of a party reinvigorated by her rapid ascent.

Here's why Hindenburg 2.0 requires a different response from India

Supreme Court in New Delhi should consider bringing back the committee it had set up last year after the New York-based short seller's original report

Bain Capital-backed 360 One raises $500 million for secondary fund

Nearly 90 per cent of the capital raised for the new fund was from local family offices and high net worth individuals

US envoy warns of drug cartel risks to Mexican judiciary from AMLO Bill

Lopez Obrador, known as AMLO, has said the election of judges by popular vote would cut corruption in the judiciary, and prevent it from prioritizing business interests over the public good

Nestle CEO joins line of consumer bosses felled by rising living cost

After eight years as CEO of the Swiss maker of Nespresso coffee and Purina pet foods, Schneider will be replaced by Latin America chief Laurent Freixe

Seven & i takeover proposal tests Japan's investment-friendly stance

The new M&A guideline from the economy ministry isn't binding, but its impact has already been seen in a handful of domestic deals with multiple competitive bidders

Govt open to resolve $3.9 billion tax dispute with Infosys, says report

Authorities are exploring options to settle with companies including Infosys, which last month got hit by a demand for Rs 32,403 crore ($3.9 billion) in back taxes dating back to 2017

Sensex likely to surpass 117,000 by FY30-end on rapid growth: Analysis

Mcap has surged to $5 trillion from $4.2 trillion at the end of last year compared to the economic output which is estimated to reach $3.8 trillion in 2024

Bangladesh to raise policy interest rate from next week to fight prices

A 50-basis point increase will take the policy interest rate to 9%, and Bangladesh Bank plans to tighten it further in the coming months

Binance Holdings to hire 1,000 people as compliance spending tops $200 mn

Chief Executive Officer Richard Teng, who is visiting the US to talk to monitors and officials, outlined the employment goals for the world's largest crypto trading platform

Meta shares flying high as Mark Zuckerberg drives forward with AI vision

The difference for Meta is that Zuckerberg did a better job of convincing investors that AI is helping to improve results in its core business - digital advertising