Page 348 - Bloomberg/workspace/business Standard Web/undefined

Photoshop maker Adobe's co-founder John Warnock passes away at age 82

Warnock created the San Jose-based company in 1982 with Charles Geschke and served as chief executive officer until 2000 and as chief technical officer until his retirement in 2001

As winter looms, global diesel market is already pricing in a scarcity

The good news is that the market looked even worse this time last year following Russia's invasion of Ukraine - and prices ultimately came down, helped by a relatively mild winter

US to sell Australia missile systems in deal valued at $975 million

Australia is also developing detailed plans for a guided weapons production capability to manufacture Himars-compatible missiles domestically from 2025

Airlines should start allowing extra luggage in cargo to entice flyers

As passengers whip out their frequent-flyer cards for the first time in years, many have found that points expired or travel patterns changed. Securing these ought to be a major goal of airlines

Alibaba ecommerce arm to hire 2,000 graduates as Big Tech crackdown eases

China suspended publishing data on its soaring youth unemployment rate in July, saying it needed to iron out complexities in the numbers. The rate had risen every month this year and reached a record

X to remove the ability for users to block other accounts, says Elon Musk

Musk, who acquired Twitter last year for $44 bn and has set about overhauling the site, said blocking will still be possible for direct messages, but that it would be deleted as a "feature"

India, China set for bilateral talks on sidelines of Brics summit next week

"I am confident that as two nations, two countries, we will have direct talks, direct meetings," at the Aug. 22-24 summit, Chen Xiaodong, China's ambassador to South Africa said

Women need to convince us men on equality: Fifa prez Gianni Infantino

The winning team in this year's tournament will receive $10.5 million, with $6.2 million earmarked for distribution to its players

China steps up efforts to stabilise stock markets as confidence slumps

The Hang Seng Index is down more than 8 per cent this year, ranking among the biggest global losers

China Evergrande Group files for bankruptcy in New York amid debt crisis

The move protects it from creditors in the US while it works on a restructuring deal elsewhere

India braces for more rain after floods, lightning kill 2,000: Report

Rains have affected about 500,000 hectares of crops and damaged almost 90,000 houses since the start of the monsoon in early June, according to data compiled by the home ministry

How satellites are helping agriculture sector adapt to global warming

To acclimate, the old ways are increasingly being replaced by the new. In this case, granular data aimed at tracking the progress and health of vines in a fast-warming environment

Top US companies from Apple to Intel decry India's PC import curbs

The South Asian nation plans to impose a new license requirement for tech imports from Nov. 1, spanning everything from laptops and tablets to servers and components for datacenters

Barclays Plc names new CEO, COO in reshuffle of key India business

Pramod Kumar will be the new Chief Executive Officer and Suneeta Shetty from HSBC Holdings Plc will be Chief Operating Officer

Private debt market in India set to grow more, says Standard Chartered

A growing list of global asset managers are setting up credit funds in India as they look to fill the funding gap, which was created after a shadow banking crisis spooked India's financial sector

India needs major reforms in food supply management: RBI researchers

These reforms will lead to efficiency and productivity gains and enable "stable prices for consumers, assured supplies and remunerative proceeds for farmers," it said

Chinese banks challenged as economy wobbles, property market woes mount

Exposure to local government financing vehicles and a deflationary economy is compounding the pressure, Bloomberg Intelligence analyst Francis Chan said

UBS Group seeks to hire several private bankers to serve India's rich

UBS, which exited the private-wealth market in India almost a decade ago, is among global firms from HSBC Holdings Plc to Julius Baer Group Ltd. taking increased bets there

Apple advances chip secrets' suit against former employees poached by Rivos

The judge threw out Apple's trade secret claims against Rivos, but gave the iPhone maker a chance to file a revised complaint

Moderna's Covid-19 vaccine protects against new variants, finds early study

Covid vaccine partners Pfizer Inc. and BioNTech SE are also developing updated shots, as is Novavax Inc. The drugmakers have been testing and making new updates as the virus has evolved