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Bloomberg

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Profits at China's industrial companies rise as deflation persists

For the first 10 months of 2023, profits fell 7.8 per cent from the same period a year earlier, moderating slightly from the 9 per cent fall through the first nine months.

Profits at China's industrial companies rise as deflation persists
Updated On : 27 Nov 2023 | 9:10 AM IST

ByteDance to fire hundreds and shut Nuverse in major gaming retreat

TikTok's owner will fire several hundred people, unwind projects under development and weigh potential sales of existing titles, people familiar with the matter said

ByteDance to fire hundreds and shut Nuverse in major gaming retreat
Updated On : 27 Nov 2023 | 8:54 AM IST

'AI blowback' fears grip the ESG fund managers betting on Big Tech

The ESG investing industry may be more exposed to such risks than most, after taking to tech in a big way

'AI blowback' fears grip the ESG fund managers betting on Big Tech
Updated On : 26 Nov 2023 | 10:47 PM IST

Inflation gauges in the US at 2-year lows may spur rate hike pause

Despite the disinflation progress, officials on both sides of the Atlantic insist they want to see more evidence to be sure that consumer prices are durably under control

Inflation gauges in the US at 2-year lows may spur rate hike pause
Updated On : 26 Nov 2023 | 10:37 PM IST

Hamas delays hostage release citing Israel's 'non-compliance' on deal terms

Israel had been anticipating the latest group of hostages would be freed in the evening, part of a four-day temporary cease-fire in which about 13 prisoners would be released daily

Hamas delays hostage release citing Israel's 'non-compliance' on deal terms
Updated On : 25 Nov 2023 | 11:41 PM IST

Alibaba Group Holding starts its overhaul to revamp cloud business

Key among those is the so-called public cloud - the domestic cloud services arm aimed at enterprise customers in China - which will be led by Liu Weiguang

Alibaba Group Holding starts its overhaul to revamp cloud business
Updated On : 24 Nov 2023 | 11:27 PM IST

Crude oil holds a decline as Opec+ dispute clouds production outlook

Saudi Arabia, the de facto leader of Opec, and its allies are embroiled in a dispute over output quotas for African members

Crude oil holds a decline as Opec+ dispute clouds production outlook
Updated On : 24 Nov 2023 | 10:54 PM IST

Risk of global Mpox outbreak rises as virulent strain spreads in Congo

A Belgian resident with connections to the DRC and his sexual contacts tested positive for a strain of Mpox, known as Clade 1, which has a fatality rate of about 10%

Risk of global Mpox outbreak rises as virulent strain spreads in Congo
Updated On : 24 Nov 2023 | 2:35 PM IST

COP28 holds key to global carbon market that could help improve offsets

UN-sponsored program aims to ensure high quality credits within internationally framework, offering investors greater certainty amid concerns that some existing voluntary projects do little

COP28 holds key to global carbon market that could help improve offsets
Updated On : 24 Nov 2023 | 1:00 PM IST

Foxconn's billionaire founder Gou to drop out of Taiwan presidential race

The decision brings to an end Gou's years-long pursuit of Taiwan's most-powerful job - at least for now

Foxconn's billionaire founder Gou to drop out of Taiwan presidential race
Updated On : 24 Nov 2023 | 10:01 AM IST

Himalaya tunnel disaster: India needs more caution on infrastructure

This is clearly an incredibly fragile part of the world, where large-scale development projects can only be conducted with the utmost caution

Himalaya tunnel disaster: India needs more caution on infrastructure
Updated On : 24 Nov 2023 | 6:54 AM IST

Rioters clash with police in Dublin city center after knife attack

The unrest began after a stabbing incident close to a school in the city's north side

Rioters clash with police in Dublin city center after knife attack
Updated On : 24 Nov 2023 | 6:32 AM IST

U'khand tunnel collapse: 'You can't act surprised,' says environment expert

While large projects in India are required by law to undergo an Environmental Impacts Assessment, the Silkyara Tunnel in Uttarakhand was exempt as it is divided into segments smaller than 100 km each

U'khand tunnel collapse: 'You can't act surprised,' says environment expert
Updated On : 23 Nov 2023 | 11:18 PM IST

Dutch leader who backed Nupur Sharma on 'Prophet' row wins elections

Only once in recent Dutch history has the leader of the biggest party not become prime minister

Dutch leader who backed Nupur Sharma on 'Prophet' row wins elections
Updated On : 23 Nov 2023 | 10:20 PM IST

China weighs unprecedented builder support with first-ever unsecured loans

Implementation would require regulators to exempt bankers from being held accountable for possible bad loans given the high risks involved

China weighs unprecedented builder support with first-ever unsecured loans
Updated On : 23 Nov 2023 | 10:16 PM IST

China's rice exports to Ivory Coast top 2022 after India imposed curbs

The Asian nation shipped 45,000 tonnes to the African country in October, matching the volume exported in August, customs data compiled by Bloomberg show

China's rice exports to Ivory Coast top 2022 after India imposed curbs
Updated On : 23 Nov 2023 | 1:18 PM IST

Israeli 'Government CFO' managing $48 billion fiscal shock of Gaza war

The war, which the Finance Ministry estimates is costing the economy around $270 million every day, will come with a fiscal price tag estimated at 180 billion shekels ($48 billion) in 2023-2024

Israeli 'Government CFO' managing $48 billion fiscal shock of Gaza war
Updated On : 23 Nov 2023 | 10:33 AM IST

Give detailed information on child pneumonia outbreak: WHO to China

Local media has reported a steady rise in infections from a pathogen called mycoplasma among kindergarten and primary school children

Give detailed information on child pneumonia outbreak: WHO to China
Updated On : 23 Nov 2023 | 9:10 AM IST

Here's why the world's most loved-emerging market is feeling jittery

Where India has stood apart from most other emerging markets is in delivering high economic growth - 6 per cent-plus expected in 2023 and 2024, according to the International Monetary Fund

Here's why the world's most loved-emerging market is feeling jittery
Updated On : 23 Nov 2023 | 8:05 AM IST

Sam Altman is back at OpenAI, but questions remain as to why he was fired

Altman had been fired Friday after clashing with the board over his drive to transform OpenAI from a nonprofit organisation focused on the scientific exploration of artificial intelligence

Sam Altman is back at OpenAI, but questions remain as to why he was fired
Updated On : 23 Nov 2023 | 8:03 AM IST