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Alibaba Group co-founder Jack Ma turns up in Japan as college professor

Jack Ma is expected to conduct research, in sustainable agriculture and food production. He will also give seminars on entrepreneurship and innovation

Alibaba Group co-founder Jack Ma turns up in Japan as college professor
Updated On : 01 May 2023 | 7:29 PM IST

Amazon to Walmart: Workers' well-being tops agenda at annual company meet

Shareholders and companies have reached agreements on about a third of the requests. Most of the rest will go to a vote

Amazon to Walmart: Workers' well-being tops agenda at annual company meet
Updated On : 01 May 2023 | 5:39 PM IST

Xi's food security drive could end up backfiring for Chinese farmers

With government stockpiling efforts expected to have ended in April, future demand could fall even further

Xi's food security drive could end up backfiring for Chinese farmers
Updated On : 01 May 2023 | 5:39 PM IST

Bitcoin sags after its longest streak of monthly gains since 2021

The token slid as much as 3.6% and was trading at $28,504 as of 6:40 a.m. in New York. Smaller coins such as Ether and Solana also retreated, as did an index of the top 100 digital assets

Bitcoin sags after its longest streak of monthly gains since 2021
Updated On : 01 May 2023 | 5:24 PM IST

JPMorgan's health care venture arm makes fertility bet in $25 mn deal

The investment comes after a March fund-raise where Kindbody secured $100 million from Perceptive Advisors in a deal that valued the company at $1.8 billion

JPMorgan's health care venture arm makes fertility bet in $25 mn deal
Updated On : 01 May 2023 | 5:07 PM IST

Stagflation is the risk that eludes investors mispricing financial markets

That highlights the risk of mispricing in short-term interest rates market, which are pricing in one to two quarter-point rate cuts by the end of this year

Stagflation is the risk that eludes investors mispricing financial markets
Updated On : 01 May 2023 | 4:53 PM IST

In its 50th year, IEA and Opec's marriage is overcome with bickering

There may be a natural antagonism between the two bodies, but they'll need to suffer the decline of crude together

In its 50th year, IEA and Opec's marriage is overcome with bickering
Updated On : 01 May 2023 | 10:02 AM IST

Tech, AI to drive demand for specialists, decline of clerical work: WEF

Over the next five years, nearly a quarter of all jobs will change as a result of AI, digitization and other economic developments like the green energy transition and supply chain re-shoring

Tech, AI to drive demand for specialists, decline of clerical work: WEF
Updated On : 01 May 2023 | 9:11 AM IST

Bitcoin's monthly streak brings $100,000 into view if history is right

Bitcoin is set to climb for the fourth month in a row after eking out an April gain, the best such stretch since a six-month advance through March 2021

Bitcoin's monthly streak brings $100,000 into view if history is right
Updated On : 30 Apr 2023 | 11:49 PM IST

FDIC needs 'lowest-cost' First Republic alternative, says Ro Khanna

The FDIC has asked banks including JPMorgan Chase & Co., PNC Financial Services Group Inc., US Bancorp and Bank of America Corp. for bids, according to people with knowledge of the discussions

FDIC needs 'lowest-cost' First Republic alternative, says Ro Khanna
Updated On : 30 Apr 2023 | 11:41 PM IST

China manufacturing activity contracts, but consumer spending strong

A non-manufacturing gauge of activity in the services and construction sectors declined to 56.4 from 58.2 in March. Economists had forecast the index to hit 57. A reading above 50 indicates expansion

China manufacturing activity contracts, but consumer spending strong
Updated On : 30 Apr 2023 | 11:37 PM IST

Last rate hike? Fed's Jerome Powell expected to face more opposition

With inflation as high as 9 per cent in the past year, Powell's colleagues were all-in on the fight to curb price pressures

Last rate hike? Fed's Jerome Powell expected to face more opposition
Updated On : 30 Apr 2023 | 11:26 PM IST

Federal Reserve seen boosting rates even as economic risks build in US

The Federal Open Market Committee is expected to boost the benchmark lending rate target by another quarter percentage point on Wednesday

Federal Reserve seen boosting rates even as economic risks build in US
Updated On : 30 Apr 2023 | 10:24 AM IST

China's factory activity contracts as economy struggles to sustain momentum

A non-manufacturing gauge of activity in the services and construction sectors declined to 56.4 from 58.2 in March

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Updated On : 30 Apr 2023 | 7:49 AM IST

China's factory activity contracts as economy struggles to sustain momentum

A non-manufacturing gauge of activity in the services and construction sectors declined to 56.4 from 58.2 in March

China's factory activity contracts as economy struggles to sustain momentum
Updated On : 30 Apr 2023 | 7:49 AM IST

Sebi seeks 6-month extension to complete Hindenburg's Adani probe: Report

New York-based Hindenburg in January accused Adani Group of using a web of companies in tax havens to inflate revenue and stock prices, even as debt piled up

Sebi seeks 6-month extension to complete Hindenburg's Adani probe: Report
Updated On : 30 Apr 2023 | 7:15 AM IST

FDIC asks JPMorgan, PNC to submit final bids for First Republic by Sunday

The bidding process kick-started by regulators - after weeks of fruitless talks among banks and their advisers - could pave the way for a tidier sale of First Republic

FDIC asks JPMorgan, PNC to submit final bids for First Republic by Sunday
Updated On : 29 Apr 2023 | 12:12 PM IST

It all went south, says Twitter co-founder Jack Dorsey; rues Musk deal

Dorsey, who was friendly with Musk for years and suggested he get involved with Twitter, was previously publicly in favor of the deal

It all went south, says Twitter co-founder Jack Dorsey; rues Musk deal
Updated On : 29 Apr 2023 | 11:48 AM IST

Jaiprakash Associates defaults on $508 mn loan repayment due on Mar 31

The flagship company of the infrastructure-focused Jaypee Group has borrowings of Rs 29,396 crore, which are due for repayment by 2037, it said

Jaiprakash Associates defaults on $508 mn loan repayment due on Mar 31
Updated On : 29 Apr 2023 | 11:38 AM IST

Germany sets new standard for cheap, national mass transit at $54 a month

The impact of the ticket could ripple through to other countries by taking the potentially radical step of positioning transit systems as a public good to which all deserve affordable access

Germany sets new standard for cheap, national mass transit at $54 a month
Updated On : 29 Apr 2023 | 11:17 AM IST