Page 485 - Bloomberg/workspace/business Standard Web/video

Binance confirms equity investment in Elon Musk's Twitter buyout deal

Binance Holdings, the world's largest cryptocurrency exchange, confirmed that it's an equity investor in Elon Musk's $44 billion acquisition of Twitter Inc

This year's biggest winners in the solar sector don't make panels

Tongwei Co, the top global producer of polysilicon, a key solar material, saw earnings more than triple in the first nine months to 21.7 billion yuan ($3 billion) as prices soared

Elon Musk to replace Parag Agrawal as Twitter CEO, reverse life bans

Elon Musk plans to assume the role of CEO at Twitter Inc after completing his $44 billion acquisition, taking the helm of the social media giant on top of leading Tesla Inc. and SpaceX

Suella Braverman could wreck Rishi Sunak's Brexit immigration plans for UK

In her leadership campaign, Braverman pledged to cut taxes and restore efficiency to govt, suspend Britain's net-zero 2050 target, end jurisdiction of European Court of Human Rights

China's economic growth now seen below 5% through 2024 on Covid zero risk

Growth is now expected to be below 5% for each year through 2024, the latest Bloomberg survey of economists shows

Rishi Sunak shows the growing influence of Indian talent in the West

With Rishi Sunak as prime minister of the UK, it is now impossible to deny what has been evident for some while: Indian talent is revolutionizing the Western world

Big tech's dirty supply chains undercut climate promises from headquarters

Amazon.com Inc, Microsoft Corp, and Alphabet Inc have pledged to run their own operations on 100 per cent clean power. But their suppliers remain deeply reliant on fossil fuels

Tesla engineers visit Twitter office to meet product leads, review code

Elon Musk asked engineers from Tesla Inc., the electric-car maker he runs, to meet with product leaders at Twitter Inc., moving swiftly to make a mark on the company

Xi's fraying ties with West make China+1 real theme in India festive season

India as a risk-mitigation tactic - a hedge against manufacturing all widgets in China - is a story that's gathering investor interest and helping to justify lofty valuations

China may ease Covid Zero by 2022-end to aid economy, says Mobius

China will probably ease its disruptive Covid Zero policy by the end of this year as its economy is in trouble and the government needs money "badly," said Mark Mobius

Twitter CEO among top executives departing as Elon Musk takes over

Twitter Inc CEO Parag Agrawal is among executives planning to depart as Elon Musk completes his $44 billion deal to take over the social network

US economy rebounds as businesses and consumers show resilience

Records first increase this year at 2.6%, following two quarterly contractions

Meta's $677 billion rout boots it out of the world's top 20 stocks

Net profit cut in half, even as Zuckerberg seeks 'patience' from investors

Mark Zuckerberg asks for 'patience' as Meta's costs spook investors

Zuckerberg said he is confident that Meta's largest bets in areas such as short-form video, business messaging and the metaverse were headed in the right direction

Too early to write off 'king' dollar's dominance, says Wall Street

It's too soon to write off the dollar's dominance as the US rate-hike cycle may not be near its peak

China bankers replaced by tech PhDs as Xi sparks new fund talent war

In the quest for talent, venture capital firms are forced to get creative

Samsung scion Jay Y. Lee takes helm of South Korean technology empire

The decision emerged the same day his company reported disappointing earnings and warned it didn't foresee a recovery in technology demand till the second half of 2023

Meta's Instagram reaches 2 billion users, closing in on Facebook

The company disclosed the number during an otherwise-gloomy earnings report Wednesday, when a shaky ad market clouded Meta's forecast and sent its shares tumbling

Here's why Indians might have a good reason to celebrate Rishi Sunak

The WhatsApp groups that pass as India's public square today aren't dissecting his views on austerity or Brexit. Not when someone who shares our heritage now leads the country that once colonized us

Soaring inflation set to dent salary hikes for second year: Survey

The worst-hit region is likely to be Europe, where real salaries - nominal wage growth minus the rate of inflation - are seen being driven down an average 1.5 per cent