Page 269 - Bloomberg/workspace/business Standard Web/undefined

Intel in talks with Biden admin for more than $10 bn in subsidies

Intel climbed as much as 1.1 per cent in late trading Friday after Bloomberg reported the news. The stock was down 13 per cent this year through the close

Not planning harsher rules to curb fintech, says RBI's P Vasudevan

There are "no harsher measures coming on fintech," P. Vasudevan, an executive director in charge of enforcement at the Reserve Bank of India, said on Friday

Climate change is fueling a different type of anxiety, say therapists

In her book A Field Guide to Climate Anxiety, Sarah Ray describes a student who had such severe "self-loathing eco-guilt" that she stopped consuming much at all, including food

New streaming deal among Fox, Warner, and Walt Disney faces scrutiny

Regulators will look at terms of the joint venture once it is finalized, according to two people familiar with the process

India's economic growth may exceed 6% for rest of the decade: Goldman Sachs

India's demographics, strong government-led spending and healthy domestic demand makes it a "favorable destination for investments going forward," he said

Foreign investors back India bonds over pricey stocks in tactical bet

For bulls who powered the massive rally, the tactical trade at the moment is to move into the bonds, whose appeal has been further burnished by the nation's improving finances

Nike to slash global workforce by 2% as sportswear giant seeks savings

That sparked a slump in Nike's shares, which have struggled to recover and remain down about 2% this year

Pak polls: Imran Khan's PTI names PM choice, seeks to form coalition govt

Omar Ayub Khan, the PTI nominee for prime minister, said his first priority would be to release Imran Khan and other party leaders from jail

Jeff Bezos unloads another $2 billion of Amazon stock in latest sale

The move to Florida has now likely saved Bezos about $430 million in taxes. Washington state recently implemented a 7% levy on capital gains, while Florida has no such tax

Google to provide AI cyber tools, investments to bolster online security

The company will also release a white paper on Friday at the Munich Security Conference in Germany that details how it is using AI for cyber defence

Donald Trump 2020 election case: I'm not on trial, says Fani Willis

For roughly two hours, Willis then fought for her professional reputation and the historic case she brought against the former president seeking a return to the White House

Nearly all wealth gained by world's rich this year comes from AI

The biggest winners include Huang and Mark Zuckerberg, whose Meta Platforms is the second-best performer on the S&P 500 Index after Nvidia for the second year in a row

US factory production declines in Jan for first time in three months

Excluding autos, manufacturing decreased 0.6% from December, the most since March. It also marked the fourth-straight monthly decline

GM, Panasonic sign investment deals with Canadian graphite producer

GM and Panasonic have each committed to purchase 18,000 metric tons of active anode material annually over a period of six to seven years, Nouveau Monde Graphite said in a statement Thursday

Tata group considering spinoff of battery business Agratas Energy Storage

A listing may value Agratas at $5 billion to $10 billion depending on its growth and market sentiment, they said. A representative for Tata declined to comment

Airbus SE targets nearly 800 deliveries as Boeing struggles with Max

The European planemaker made the prediction on Thursday as it reported earnings for the full year and provided financial targets

Netflix's monetisation model may just save India's online learning apps

The Physics Wallah app has 2 million users logging in daily and spending 80 minutes

Morgan Stanley planning to eliminate several hundred jobs in wealth unit

The bank's shares have been the worst-performing among its biggest US peers this year, down about 10%

Alibaba looks for partners in West Asia as Beijing deepens Gulf ties

Alibaba is trying to stage a comeback after years of government punishment and strategic missteps that cost the e-commerce operator its place as leader of the country's tech industry

A 'clerical error' in Lyft outlook triggers 67% jump before reality dawns

The firm mistakenly said that the margins will rise by 500 basis points. (bps). The actual figure was 50 bps