Page 264 - Bloomberg/workspace/business Standard Web/video

Two tankers with Russia's Urals oil idle for weeks off West Coast of India

It remains unclear why they have been idling but there are growing signs that western sanctions are disrupting the fleet of tankers moving Russian oil

Nvidia backs little-known Yotta Data Services in India's biggest AI bet yet

The company's products are so coveted because they're essential for the development of artificial intelligence, the technology that's set off a frenzy in industries around the world

Didn't get notice from US officials regarding bribery probe: Adani Group

The company "states that it has not received any notice from the Department of Justice of US in respect of the allegation referred to in the said article

Vedanta's Sterlite to transfer three power projects to GIC venture

The projects are still under development and the transfer into the Sterlite Grid 32 Ltd. joint venture has been agreed, the people said, asking not to be identified because the matter isn't public

Xiaomi shakes up Chinese EV sector, keeping rival XPeng on its toes

Plans for the US to advance a bill that may ban Chinese biotech firms from accessing federal contracts may impact the long-term outlook for firms including WuXi AppTec Co

BAT starts $2 billion buyback after selling part of its stake in ITC

The London-listed company said it will purchase £700 million of its shares in 2024 and £900 million by the end of 2025

India unlikely to match China's past 8-10% growth: Morgan Stanley

Even so, Morgan Stanley remains upbeat about India's prospects, and said in a recent report that the current expansion resembles that of the mid-2000s boom, fueled by rising investment

ANZ CEO aims to expand presence in India, China as customer focus shifts

In its home market of Australia, Elliott struck a more hawkish tone than that of the bank's economists on the outlook for interest rates

Several of Adani's dollar bonds fell most in over six months on US probe

US investigators are digging into whether an Adani entity, or people linked to company including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project

Offshore wind's next big problem: Not enough ships, says report

As governments green their economies and utilities retire fossil-fuel power stations, wind installations are emerging as one of the most popular forms of alternative energy

Saudi Arabia's sovereign wealth fund in talks to buy national airline

The PIF would be taking over ownership of the airline from the government with a view to improving efficiency and profitability

Boeing's pain spreads to travelers as airlines cut back on plans

Airbus, Boeing's main competitor, is largely sold out through the end of this decade, so there isn't an obvious place for airlines to turn

Tech hub Bengaluru faces severe water shortages as summer approaches

About 7,000 borewells have dried but authorities are making other arrangements, Karnataka Deputy Chief Minister D.K. Shivakumar said last week, adding there is no crisis

US polls: Trump threatens 100% tariffs on Mexican-made cars by China firms

Trump addressed Chinese President Xi Jinping directly during a rally speech in Dayton, Ohio on Saturday when threatening the tariffs

Meltdown in India's smaller stocks seen luring dip buyers to market

Bulls say the blowout returns in smaller companies stem from robust corporate profit growth in recent years

China's bank loans expanded at the slowest pace on record in February

The stock of aggregate financing - a broad measure of credit - expanded just 9%, also near a record low

US prosecutors probing Gautam Adani and his group over potential bribery

The DOJ probe hasn't stopped Washington from working with Adani Group entities

KKR mulls selling controlling stake in Indian school chain EuroKids Int'l

KKR could seek a valuation of about $1 billion for its majority stake, the people said

Hiding monetary exchange between capital & politics unhealthy for democracy

SBI, the institution that operated the six-year-old election funding mechanism, knows very well which political parties got money from whom in accounts specially opened for the purpose

Nippon Steel defends US deal after Joe Biden comes out against bid

Japan's largest steel company repeated its previous offer of an additional $1.4 billion in investment, and promised no layoffs or plant closures until at least September 2026