Page 254 - Bloomberg/workspace/business Standard Web/undefined

Musk's Neuralink shows 1st patient playing chess, video game using his mind

Neuralink is not the only company working on brain devices that connect with computers. Modern demonstrations of cursor control by using thoughts have taken place in other humans

UBS Group plans to shut thousands of smaller Credit Suisse accounts in Asia

The lender is reviewing the accounts with a balance of around $2 million or less, said the people, who asked not to be identified discussing private information

Barclays to cut hundreds of jobs in investment banking to trim costs

The cuts are expected to take place in the coming months and are part of the firm's annual cutting of low performers, the people said.

Shapoorji Pallonji Group seeks up to $2.4 bn from lenders to refinance debt

The group, controlled by Indian billionaire Shapoor Mistry, has reached out to Power Finance for up to Rs 15,000 crore, the largest chunk in the planned fundraising, the people said

India block trades raise $7.1 billion, headed toward best qtr in 14 yrs

India's equity capital markets have been running hot for the past year as its stocks climb to record highs and foreign investors pile in amid a rotation away from China

India's probe finds rogue officials involved in Pannun's murder plot in US

At least one person directly involved in the alleged attempted assassination is no longer working for India's main spy agency, the Research and Analysis Wing, the officials said,

Lok Sabha polls: In Hindi heartland, farmer distress isn't holding BJP back

Crossing some of India's most destitute districts, it's apparent that the reasons for Modi's success are varied. Many appreciate the ruling party's income support schemes

US President Biden hails $20 bn for Intel, says Trump lost jobs to China

"Unlike my predecessor, I was determined to turn things around, to invest in America, all of America, all Americans. And that's what we've been doing," Biden said

US Justice Dept to sue Apple today over violations of antitrust laws

The coming case will mark the third time that the Justice Department has sued Apple for antitrust violations in the past 14 years, but it is the first case accusing the iPhone maker

Hinduja human trafficking trial set for June as family's arguments rejected

"The charges of usury and human-trafficking were sufficiently well-described by the Prosecutor's Office and don't need to be sent back for restating," Judge Mascotto said

Zimbabwe lets currency free-fall, working on exchange rate backed by gold

The country's local dollar has weakened against the US dollar every day in 2024, sending the price of a single loaf of bread from Z$6,105 to Z$19,357 in a mere 11 weeks

How Bank of Japan's Kazuo Ueda dismantled world's last negative rate

Both had studied at the Massachusetts Institute of Technology, Summers noted, and both shared a soft-spoken academic air but were "capable of being decisive."

Intel gets $20 billion in US grants, loans for semiconductor chip plants

The money also will help pay for equipment research and development and advanced packaging projects at smaller facilities in Oregon and New Mexico

Google fined 250 million euro in French clash with news publishers

The French antitrust authority has been seeking to force Big Tech firms to negotiate deals with press publishers for republishing their content

India's aviation boom could support more hubs, says Air India CEO Wilson

There aren't many other markets like India in the world. Northern India has a good east to west flow, while southern India can offer an Asia to Africa or Australia-Europe flow"

JPMorgan sees foreign investors flocking to Indian stocks after LS polls

Foreign investors who didn't increase relative positioning in India over last 2-2.5 years waiting for this clearing event, will start focusing back on growth-driven policies or reforms

Microsoft hires DeepMind Co-Founder Suleyman to run consumer AI business

Suleyman, who co-founded Google's DeepMind, will report to Chief Executive Officer Satya Nadella and oversee a range of projects, such as integrating an AI Copilot into Windows

India prepares to start new LNG import terminal as demand increases

India currently imports LNG via seven terminals. Along with the Chhara facility, Swan Energy Ltd.'s Jafrabad import facility is also expected to begin operations this year, according to BloombergNEF

Infra lender NaBFID considers bond sale to raise up to $4.8 billion

NaBFID, as the institution is called, is likely to sell bonds with tenors spanning from 10 to 20 years in the financial year starting April 1, the people said

Here's a look at top Opposition leaders challenging PM Modi in LS polls

Known by its acronym I.N.D.I.A. - or Indian National Development Inclusive Alliance - the coalition of more than 20 parties has been beset by defections to the ruling Bharatiya Janata Party