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Bloomberg

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Juniors and seniors: What various generations think about working from home

A recent study by McKinsey & Co. found that workers aged 18 to 34 were 59% more likely to leave than 55- to 64-year-olds if their employer didn't offer a hybrid work arrangement

Juniors and seniors: What various generations think about working from home
Updated On : 10 Jun 2022 | 4:05 PM IST

IPL broadcasting rights: Amazon plans to pull out of Rs 60,000 cr race

Amazon's surprise pullout leaves the field open to Ambani's Reliance, Disney and Sony Group Corp

IPL broadcasting rights: Amazon plans to pull out of Rs 60,000 cr race
Updated On : 10 Jun 2022 | 1:18 PM IST

Shanghai to lock down 8 districts, test millions as Covid cases rise again

In China there were 5 other infections found among people already in quarantine on Thursday, for a total of 11 cases in the financial hub. Nationwide, China added 73 infections

Shanghai to lock down 8 districts, test millions as Covid cases rise again
Updated On : 10 Jun 2022 | 9:06 AM IST

Donald Trump spurned pleas to end lies, call off mob, says Jan 6 panel

House lawmakers investigating the Jan 6 insurrection drew a portrait of then-President Donald Trump doggedly pursuing an effort to undo the 2020 election, inciting his supporters

Donald Trump spurned pleas to end lies, call off mob, says Jan 6 panel
Updated On : 10 Jun 2022 | 8:09 AM IST

Jeff Bezos, Mukesh Ambani set to battle over $7.7 bn IPL broadcast rights

Jeff Bezos, Mukesh Ambani's companies are expected to be the top two contenders at a June 12 Indian Premier League auction, which is likely to lure several bidders

Jeff Bezos, Mukesh Ambani set to battle over $7.7 bn IPL broadcast rights
Updated On : 10 Jun 2022 | 7:03 AM IST

Apple will handle lending itself with the 'buy now, pay later' service

Launches 'Buy Now Pay Later' scheme, sets up a wholly owned subsidiary to extend loans for the service

Apple will handle lending itself with the 'buy now, pay later' service
Updated On : 10 Jun 2022 | 3:23 AM IST

EU lawmakers uphold ban on new combustion engine cars by 2035: Report

Members of Parliament rejected an amendment that would have allowed some auto emissions from new vehicles after 2035

EU lawmakers uphold ban on new combustion engine cars by 2035: Report
Updated On : 10 Jun 2022 | 2:45 AM IST

Fashion startup Zilingo's board said to approve debt repayment to creditors

The move puts the embattled fashion startup in a precarious financial position, given its money-losing operations and limited access to fresh capital

Fashion startup Zilingo's board said to approve debt repayment to creditors
Updated On : 10 Jun 2022 | 2:17 AM IST

RIL, Apollo put in binding bid to acquire UK pharmacy chain Boots

Offer values UK chemist chain at $6.3 billion

RIL, Apollo put in binding bid to acquire UK pharmacy chain Boots
Updated On : 09 Jun 2022 | 11:40 PM IST

European gas prices surge after fire in US compounds Russia supply concern

Benchmark futures traded in Amsterdam snapped a six-day falling streak, while UK prices soared as much as 39% before paring gains

European gas prices surge after fire in US compounds Russia supply concern
Updated On : 09 Jun 2022 | 10:31 PM IST

Volkswagen plans to sell its first electric car in India in 2023

VW to import EVs within 2,500 unit limit to sell in India; carmaker plans to locally assemble EVs in the country by 2027

Volkswagen plans to sell its first electric car in India in 2023
Updated On : 09 Jun 2022 | 9:41 PM IST

Germany's Lufthansa cancels hundreds of flights due to staff shortages

The canceled flights, which were due to take place on Fridays, Saturdays and Sundays, represent about 5% of the airline's typical weekend capacity.

Germany's Lufthansa cancels hundreds of flights due to staff shortages
Updated On : 09 Jun 2022 | 8:20 PM IST

Outsourcer iEnergizer Ltd in discussions on sale to buyout firm BPEA

iEnergizer offers customer management and custom content development services, according to its website

Outsourcer iEnergizer Ltd in discussions on sale to buyout firm BPEA
Updated On : 09 Jun 2022 | 7:19 PM IST

Alibaba's stock slips as big hopes on Ant IPO revival quickly fade

Shares of the e-commerce giant shot up as much as 7% earlier after a Bloomberg News report that China's financial regulators have established a team to assess the fintech giant's share sale plans.

Alibaba's stock slips as big hopes on Ant IPO revival quickly fade
Updated On : 09 Jun 2022 | 6:17 PM IST

Amid inflation, ECB cements July liftoff with bond-buying to end in 3 weeks

The European Central Bank confirms its intention to hike interest rates at its policy meeting next month and downgraded its growth forecasts

Amid inflation, ECB cements July liftoff with bond-buying to end in 3 weeks
Updated On : 09 Jun 2022 | 5:46 PM IST

China: Shanghai locks down parts of city again as Covid fears return

The mini-lockdown is raising concerns that the city's reopening is backsliding as officials fear a rebound in cases.

China: Shanghai locks down parts of city again as Covid fears return
Updated On : 09 Jun 2022 | 4:52 PM IST

Goldman-backed beauty startup Purplle becomes India's newest unicorn

Online cosmetics retailer Purplle raised capital at a $1.1 billion valuation, becoming the second billion-dollar company to be created in India this week despite souring investor sentiment on startups

Goldman-backed beauty startup Purplle becomes India's newest unicorn
Updated On : 09 Jun 2022 | 2:16 PM IST

Govt's plan to remove old cars from roads failing to woo owners: Survey

Some 57 per cent of 10,543 vehicle owners surveyed by LocalCircles say whether a car should be removed from service or not should depend on miles on the odometer rather than age

Govt's plan to remove old cars from roads failing to woo owners: Survey
Updated On : 09 Jun 2022 | 10:50 AM IST

Elon Musk's Twitter bid leans on financier linked to Russian tycoon

Alexander Tamas has a history of connecting himself to big investors. Before setting up Vy Capital, he worked closely with billionaire Yuri Milner, he now appears to be cultivating links to Elon Musk.

Elon Musk's Twitter bid leans on financier linked to Russian tycoon
Updated On : 09 Jun 2022 | 9:04 AM IST

RBI is getting its way on policy rates. But how long will this last?

It will be interesting to see if Shaktikanta Das can keep his political masters in good humor. Or if his relationship with the government - like that of his two predecessors - will also start to fray

RBI is getting its way on policy rates. But how long will this last?
Updated On : 09 Jun 2022 | 7:48 AM IST