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After 5G, here's how Ambani will use financial services to tighten DNA loop

A successful fintech loans platform draws upon what the Bank for International Settlements calls a self-reinforcing "DNA loop," shorthand for data, network and activity

After 5G, here's how Ambani will use financial services to tighten DNA loop
Updated On : 26 Oct 2022 | 12:18 AM IST

Rishi Sunak expected to keep Jeremy Hunt as he readies new UK cabinet

The incoming premier will formally take over from Liz Truss following a meeting with King Charles III, before addressing the nation and appointing members of his cabinet

Rishi Sunak expected to keep Jeremy Hunt as he readies new UK cabinet
Updated On : 25 Oct 2022 | 7:19 AM IST

Would a championship win for Phillies be a good thing for US economy?

Would a championship win for the Philadelphia Phillies be a good thing for the nation's economy?

Would a championship win for Phillies be a good thing for US economy?
Updated On : 25 Oct 2022 | 7:08 AM IST

Asia's biggest buyout: Toshiba valued at $16 billion by JIP in takeover bid

A consortium led by Japan Industrial Partners Inc. is considering a takeover of Toshiba Corp. at a valuation of about 2.4 trillion yen ($16.1 billion) in what could be Asia's biggest buyout this year

Asia's biggest buyout: Toshiba valued at $16 billion by JIP in takeover bid
Updated On : 25 Oct 2022 | 6:48 AM IST

Chinese stocks slide as leadership overhaul disappoints investors

The offshore yuan weakened as much as 0.7% to 7.2782 per dollar Monday morning to approach a record low seen last week

Chinese stocks slide as leadership overhaul disappoints investors
Updated On : 25 Oct 2022 | 12:08 AM IST

S African Prez Ramaphosa announces sweeping reforms to combat corruption

South African President Cyril Ramaphosa said he'll implement sweeping reforms in response to recommendations by a judicial panel that probed corruption during his predecessor

S African Prez Ramaphosa announces sweeping reforms to combat corruption
Updated On : 24 Oct 2022 | 12:37 PM IST

China's economic data shows mixed recovery as unemployment ticks up

Gross domestic product grew 3.9% in the July-to-September period from a year ago, rebounding from almost stagnant growth in the second quarter when Shanghai was still in lockdown

China's economic data shows mixed recovery as unemployment ticks up
Updated On : 24 Oct 2022 | 9:22 AM IST

China's billion-dollar cash-for-copper trade grinds to a halt, stocks dip

Traders from London to Lima would obsess over the flows in and out of Shanghai's huge bonded copper stockpile

China's billion-dollar cash-for-copper trade grinds to a halt, stocks dip
Updated On : 24 Oct 2022 | 9:15 AM IST

Crypto is more attractive as US SEC gets aggressive, investors say

Survey respondents also displayed a very broad church of opinions on crypto, emblematic of how despite the sector's relative infamy among traders, it's still a divisive topic

Crypto is more attractive as US SEC gets aggressive, investors say
Updated On : 24 Oct 2022 | 9:12 AM IST

Rishi Sunak edges closer to UK leadership prize as Boris Johnson caves

In a brief statement on Twitter late Sunday, shortly after Johnson said he wouldn't stand for fear of dividing the Conservative Party, Sunak vowed to lead with "integrity, professionalism

Rishi Sunak edges closer to UK leadership prize as Boris Johnson caves
Updated On : 24 Oct 2022 | 8:43 AM IST

Russian oil logistics in chaos with weeks until EU sanctions bite

With about six weeks until the bloc's measures enter into force, little clarity exists on whether these steps will really suffice to help Russia to get much of its output to fend off a supply shock

Russian oil logistics in chaos with weeks until EU sanctions bite
Updated On : 23 Oct 2022 | 4:58 PM IST

Bond market sees no end to worst turbulence since credit crash of 2007

The world's largest bond market is being whipsawed by its longest stretch of sustained volatility since the onset of the financial crisis in 2007

Bond market sees no end to worst turbulence since credit crash of 2007
Updated On : 23 Oct 2022 | 8:14 AM IST

US midterm elections 2022: Democrats should focus on rising inflation

A new poll from Harvard's Center for American Political Studies shows that voters consider the top three issues to be inflation, the economy and jobs, and immigration

US midterm elections 2022: Democrats should focus on rising inflation
Updated On : 23 Oct 2022 | 8:13 AM IST

UK credit score outlook revised to negative by Moody's on political drama

The rating firm said the change in the outlook was driven by "heightened unpredictability in policymaking" in UK amid weaker growth prospects and high inflation

UK credit score outlook revised to negative by Moody's on political drama
Updated On : 22 Oct 2022 | 10:13 AM IST

Apple's industrial design chief Evans Hankey to leave 3 yrs after Jony Ive

Hankey was named to the post in 2019 to replace Jony Ive, Apple's iconic design chief for two decades

Apple's industrial design chief Evans Hankey to leave 3 yrs after Jony Ive
Updated On : 22 Oct 2022 | 10:02 AM IST

Guangdong: The Chinese province with more EV chargers than all of the US

The coastal region, which borders Hong Kong, has built hundreds of thousands of public charging points - the EV equivalent of gas pumps - over the past few years

Guangdong: The Chinese province with more EV chargers than all of the US
Updated On : 22 Oct 2022 | 9:11 AM IST

Kharge's presidency of Congress in Modi era is a poisoned chalice

It's time to admit the Congress's problem is not, in fact, the Gandhis. If anything, they hold together a party that would otherwise split into multiple factions

Kharge's presidency of Congress in Modi era is a poisoned chalice
Updated On : 22 Oct 2022 | 8:34 AM IST

China chip start-up shows key gap in Biden export curbs: Report

Biren Technology develops artificial intelligence chips and is considered a promising domestic contender to compete with graphics chips from Nvidia

China chip start-up shows key gap in Biden export curbs: Report
Updated On : 22 Oct 2022 | 12:32 AM IST

Bain Capital is among bidders for Indian polyester film manufacturer

The Boston-based buyout firm has been sounding out financing for the potential offer, which could value Polyplex at more than $1 billion including debt

Bain Capital is among bidders for Indian polyester film manufacturer
Updated On : 22 Oct 2022 | 12:18 AM IST

Gautam Adani to target Europe with huge Morocco clean energy project

The project, which would be Adani's largest clean power development outside India, could be as large as 10 gigawatts, according to one of the people

Gautam Adani to target Europe with huge Morocco clean energy project
Updated On : 21 Oct 2022 | 11:37 PM IST