Page 563 - Bloomberg/workspace/business Standard Web/video

Elon Musk's Twitter bankers face potential hit on the riskiest debt

The lenders forged a deal based on a maximum interest rate of 11.75 per cent for the $3 billion unsecured portion of the financing package

Russian President Putin ties grain exports to demand that sanctions go

Putin didn't specify if he was referring to Russian exports or those from Ukraine that have been stopped by Moscow's blockage of ports since its invasion began in late February

Cash-strapped Sri Lanka takes Russia oil as fuel crisis persists

The sole refinery is set to receive crude today, enabling its restart after 2 months

I am grieving and fighting for myself: Zilingo's ex-CEO Ankiti Bose

She says that, in the end, the company fired her for a lack of cooperation in the investigation rather than for actual financial improprieties.

More Russian oil than ever before heading for China, India amid sanctions

Asia overtook Europe as the largest buyer for the first time last month, and that gap is set to widen in May

Mukesh Ambani set to benefit as Issa brothers, TDR mull quitting Boots race

The Issa-TDR group had been one of the two main suitors remaining in the contest. They were bidding for Boots through Asda Group Ltd

India's protectionist moves spark concern that rice may be next target

India has stockpiled more than enough rice and prices have been under control

India's record heatwave drives temperature gap between rich and poor

Many factors can drive temperature variance between neighborhoods including wind patterns, but the presence or absence of healthy vegetation also plays a key role.

Strong demand powers Indian economy past record inflation, for now

The activity backed by stronger new orders was accompanied by a bump in output prices as producers started passing on high raw material costs to consumers

SpiceJet, IndiGo faulted for poor service and behavior by air passengers

Some 79% of the 15,000 airline passengers surveyed by LocalCircles said they believe carriers in India are compromising on passenger comfort and cutting corners as a result of the pandemic

Apple to boost salaries for US workers by more than 10% as inflation bites

Apple is now accelerating its annual performance-based pay increases for retail and corporate team members by three months

Elon Musk sued by investors; Jack Dorsey steps down from Twitter board

Silver Lake co-CEO fails to garner enough re-election votes

Adani's food venture Adani Wilmar Ltd is best-performing IPO in Asia

The food company has almost tripled since its debut while most newcomers are trading under water

Supply chain a daily cause for concern, says Rolls-Royce Motor Cars CEO

Parent BMW AG has prioritised feeding semiconductors Rolls-Royce's way because of the contribution it makes to the group's profitability, CEO Torsten Mueller-Oetvoes told Bloomberg Television

WEF 2022: The reasons to worry just keep piling up for Davos executives

World economic forum (WEF) 2022: The risk of a global recession -- a repeated topic at meetings -- was just one reason for wanting a ceasefire as the Russia-Ukraine war enters its fourth month

South Africa needs to spend $250 bn over 3 decades to transition from coal

Coal accounts for more than 5% of South Africa's gross domestic product and the coal industry employs 125,000 people, each with between three and 10 dependents

Good times are over, not sure when they'll return: Sequoia warns firms

Sequoia took a shot at hedge funds that have been targeting private investments, who are now "tending to wounds in their public portfolios which have been hit hard"

China's Premier offers bleak outlook as hope of meeting GDP target fades

Latest official data showed a contraction in industrial output for the first time since 2020 and a jump in the surveyed jobless rate to 6.1% in April, close to a record

Elon Musk's revised Twitter bid drops margin loan, requires more cash

Elon Musk will provide an additional $6.25 billion in equity financing for the $44 billion buyout

Russia poised to cut interest rates to stem ruble rally that's gone too far

An unscheduled policy meeting for Thursday has spurred expectations for a big reduction, and the possibility that capital restrictions may be loosened further