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Bangladesh disallows Bollywood actor's dance in bid to save dollars

Nora Fatehi, known for her work in the Indian film industry, wasn't granted permission "in view of the global situation and with the aim of maintaining the foreign exchange reserves

Bangladesh disallows Bollywood actor's dance in bid to save dollars
Updated On : 18 Oct 2022 | 12:16 AM IST

Phone maker Lava eyes electronics manufacturing venture with China's Huaqin

The pact would give the closely held companies heft as they seek to take on rivals such as Foxconn Technology Group

Phone maker Lava eyes electronics manufacturing venture with China's Huaqin
Updated On : 18 Oct 2022 | 12:13 AM IST

Chinese govt delays GDP data release due Tuesday, no reason given

The National Bureau of Statistics updated its release schedule on Monday, with the dates for major economic indicators due this week marked as delayed

Chinese govt delays GDP data release due Tuesday, no reason given
Updated On : 18 Oct 2022 | 12:05 AM IST

Credit Suisse to pay $495 mn to settle case linked to 2008 financial crisis

The Swiss bank said in a statement on Monday that it's "fully provisioned" for the payment, which will resolve claims tied to more than $10 billion in such securities

Credit Suisse to pay $495 mn to settle case linked to 2008 financial crisis
Updated On : 17 Oct 2022 | 1:33 PM IST

Soaring dollar leaves food piled up in ports as world hunger grows

Dwindling foreign-currency reserves in many cases has reduced access to dollars, and banks are slow in releasing payments

Soaring dollar leaves food piled up in ports as world hunger grows
Updated On : 17 Oct 2022 | 9:50 AM IST

Xi gives little reassurance on change in Covid, housing market policy

Xi praised Covid Zero, his no-tolerance approach to containing infections, during a speech opening the 20th Communist Party congress in Beijing on Sunday

Xi gives little reassurance on change in Covid, housing market policy
Updated On : 17 Oct 2022 | 9:34 AM IST

Electric vehicles: Future of Earth's climate may be decided in traffic jam

The electrification of road transport is continuing at a breakneck pace

Electric vehicles: Future of Earth's climate may be decided in traffic jam
Updated On : 17 Oct 2022 | 9:28 AM IST

US stocks will lead the way out of current wave of market turmoil: Survey

Only 7% of the respondents saw the US becoming the first economy to crack

US stocks will lead the way out of current wave of market turmoil:  Survey
Updated On : 17 Oct 2022 | 9:17 AM IST

Can Bhavish Aggarwal's ambitious plans for Ola Electric challenge Musk?

Whether Ola Electric succeeds or not, Aggarwal's admirers seem to agree that he has turbo-charged the EV market, pulling in millions of investment dollars

Can Bhavish Aggarwal's ambitious plans for Ola Electric challenge Musk?
Updated On : 17 Oct 2022 | 7:35 AM IST

Joe Biden brushes off risks of strong dollar on global economy

The dollar has climbed roughly 15% this year as the Federal Reserve embarked on an aggressive campaign to raise interest rates to tamp US price increases.

Joe Biden brushes off risks of strong dollar on global economy
Updated On : 16 Oct 2022 | 10:42 PM IST

Dominant Jeremy Hunt refuses to rule out new U-turn on Truss taxes

Hunt declined to rule out delaying by a year the prime minister's plan to cut the basic rate of income tax, a move that would amount to another U-turn on a key plank of Truss's "mini-budget."

Dominant Jeremy Hunt refuses to rule out new U-turn on Truss taxes
Updated On : 16 Oct 2022 | 10:31 PM IST

Xi Jinping sticks to economic goals calling development top priority

Chinese President Xi Jinping reiterated that economic development is the Communist Party's "top priority," a signal that Beijing will continue to emphasize growth

Xi Jinping sticks to economic goals calling development top priority
Updated On : 16 Oct 2022 | 2:47 PM IST

Buckle up, and keep going, says IMF chief as outlook for world economy dims

Here is a rundown of the key takeaways from the annual meeting of the International Monetary Fund hosted IMF Managing Director Kristalina Georgieva

Buckle up, and keep going, says IMF chief as outlook for world economy dims
Updated On : 16 Oct 2022 | 8:03 AM IST

K-Pop sensation BTS to give what could be last concert of band for years

South Korean boy band BTS will perform together on Saturday for the first time since the shocking announcement in June that the band would take an indefinite hiatus

K-Pop sensation BTS to give what could be last concert of band for years
Updated On : 15 Oct 2022 | 12:52 PM IST

UK PM Truss brings in rival who could steady the ship, or take her job

Under-pressure UK Prime Minister Liz Truss appointed Jeremy Hunt as her new Chancellor of the Exchequer, replacing Kwasi Kwarteng after just 38 days in office

UK PM Truss brings in rival who could steady the ship, or take her job
Updated On : 15 Oct 2022 | 8:15 AM IST

Plastic pollution in US could trigger $20 bn in payouts over next 8 yrs

Litigation could cost the plastics industry and its insurers $20 billion in the US over the next eight years, according to a report backed by the United Nations and an Australian billionaire

Plastic pollution in US could trigger $20 bn in payouts over next 8 yrs
Updated On : 15 Oct 2022 | 8:15 AM IST

Nearly 5.3 billion phones will join a hidden mine of e-waste this year

As countries scrutinise mineral supply chains needed to fuel the clean energy transition, one potential source is hiding in junk drawers and trash cans all over the world

Nearly 5.3 billion phones will join a hidden mine of e-waste this year
Updated On : 15 Oct 2022 | 7:27 AM IST

Rupert Murdoch wants to put his media empire back together after 2013 split

Rupert Murdoch is exploring options to recombine his Fox Corp. and News Corp. businesses, putting back together a media empire that he split in 2013

Rupert Murdoch wants to put his media empire back together after 2013 split
Updated On : 15 Oct 2022 | 7:22 AM IST

Rising rates evoke fears of 1990s Asia crisis for emerging markets

Corporate borrowers across developed markets also vulnerable to higher rates

Rising rates evoke fears of 1990s Asia crisis for emerging markets
Updated On : 14 Oct 2022 | 10:35 PM IST

China's economic troubles may shadow boost to Xi Jinping's dominance

Latest data paint a picture of a weak economy, largely a consequence of Xi's zero-tolerance approach to combating Covid infections and a crackdown on property sector debt

China's economic troubles may shadow boost to Xi Jinping's dominance
Updated On : 14 Oct 2022 | 10:25 PM IST