Page 84 - Bloomberg/workspace/business Standard Web/undefined

Billionaire Lakshmi Mittal buys mansion in 'Beverly Hills of Dubai'

The India-born billionaire snapped up a palatial home in a gated community known as the "Beverly Hills of Dubai," said the people

Covid-19 cases spike in Hong Kong, S'pore as new wave spreads across Asia

Covid's comeback just as much of the northern hemisphere enters into summer shows the virus can still sicken a large swath of the population even when the weather is hot

Russian researcher at Harvard University charged for smuggling frog embryos

Petrova, 31, has been held in custody since mid-February, when customs agents detained her at Boston's Logan Airport

US-China trade war risks making Europe dumping ground for cheap goods

As Europe tightens checks to block a surge of Chinese goods redirected from the US, data show China's trade surplus with the EU hit a record $90 billion in the first four months of 2025

Harvard President Alan Garber takes 25% pay cut amid Trump funding row

The US terminated $450 million in grants to Harvard this week, after earlier freezing more than $2.2 billion in funding

RBI pushes lenders to revive funding market vital for monetary policy

While overall money-market turnover has risen to an average $70 billion a day, interbank trades account for just 2 per cent of that, down from 20 per cent a decade ago

NSE closes probe into Jane Street trades flagged for unusual activity

The transactions in question involved rapid reversals of trades, sometimes at prices far above or below prevailing market rates

Shapoorji Pallonji Group nears record $3.4 billion private credit deal

Talks are for the three year, zero coupon rupee bond to carry an annual yield of 19.75%, and the loan to value ratio is 16%

RBI reviews e-wallets after sudden collapse of EV taxi service BluSmart

Reserve Bank of India has begun informal consultations with EV charging-point operators and other app-based EV platforms to assess potential consumer risks

US warns of missile threats that Donald Trump's Golden Dome may face

The DIA released a chart as a prelude to a White House announcement regarding threats to the US that the Golden Dome missile defense umbrella, a priority of President Donald Trump, would counter

In Donald Trump's world, aircraft are key to unlocking political favours

The US president is a noted aviation buff - branding his personal Boeing 757 "Trump Force One" and seeking to acquire a Qatari luxury jet to serve as a the new presidential aircraft

Luxury jet being gifted by Qatar will be temporary Air Force One: Trump

Under the arrangement, which officials from both countries have acknowledged discussing, Qatar would offer a luxury Boeing 747-8 jumbo jet for use as Air Force One

What makes Trump's freebie Qatar jet the stuff of nightmares in spyworld

Aside from any legal and ethical qualms about Trump accepting the plane - an 89-seater with a sumptuous French-designed interior - there are technical and security concerns too

Harvard expands lawsuit against US after Trump ends $450 mn funding

In its new complaint, Harvard cited several actions taken by the administration since the university's initial lawsuit on April 21

Google facing at least 12 billion euro in damage claims across Europe

The civil suits are linked to a 2017 decision by the European Commission to fine Google 2.4 billion euro for illegally leveraging its search dominance

Why India's nine-year-old insolvency law has bankers going bald with worry

A third of the bankruptcies admitted by the tribunals have gone for liquidation, while three-quarters of the cases still open in December had exceeded the prescribed 270-day mark for resolution

Asia tightens curbs on TikTok, Meta even as US continues to struggle

Governments across the Asia-Pacific region are leading the global charge to protect children from online harms, presenting an unprecedented challenge to the social media apps with most of their users

UK to tighten immigration rules, end automatic settlement after 5 years

Amid a surge in popularity of Nigel Farage's anti-immigration Reform UK party, Starmer's Labour administration is trying to regain momentum by outlining tough measures to bring down arrivals

Monthly SIPs drive 5-year equity fund inflow streak as lumpsums dip

Equity funds have emerged as a key pillar of support to domestic markets in recent years

Markets to decide if 'substantial progress' enough after US-China talks

Early indicative prices in foreign exchange markets in Australia and Asia, showed both euro and yen edging lower against the US dollar