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Sheryl Sandberg's advertising empire leaves a complicated legacy

Sandberg was one of the people who made Google's ad business so enormous that it became an essential part of every advertiser's budget

Sheryl Sandberg's advertising empire leaves a complicated legacy
Updated On : 03 Jun 2022 | 2:58 AM IST

Meituan beats slowdown with $6.9-billion sales, revenue rises 25%

Sales rose to 46.3 billion yuan ($6.9 billion) in the three months ended March

Meituan beats slowdown with $6.9-billion sales, revenue rises 25%
Updated On : 03 Jun 2022 | 2:50 AM IST

China leans on state-owned policy banks to deliver $120 billion stimulus

President Xi Jinping has called for an all-out effort to boost infrastructure this year, turning to an old playbook of driving up growth through public investment

China leans on state-owned policy banks to deliver $120 billion stimulus
Updated On : 03 Jun 2022 | 2:29 AM IST

Rivian's Saudi backer makes Rs 1,700-crore bet on Greaves Electric

India, the world's fourth-largest automobile market, is pushing to decarbonise transport and achieve a goal of turning net carbon zero by 2070

Rivian's Saudi backer makes Rs 1,700-crore bet on Greaves Electric
Updated On : 03 Jun 2022 | 1:07 AM IST

African cocoa giants make new move in spat with chocolate sector

For now, it looks like the cocoa-growing giants will continue to struggle to receive the full combined premiums

African cocoa giants make new move in spat with chocolate sector
Updated On : 02 Jun 2022 | 10:17 PM IST

Tiger Global's 52% losses this year prompt fee cut, redemption plan

The firm's hedge fund sank 14.2% last month, buffeted by losses in several stocks and substantial markdowns in its private assets, according to an investor letter seen by Bloomberg

Tiger Global's 52% losses this year prompt fee cut, redemption plan
Updated On : 02 Jun 2022 | 9:44 PM IST

Good monsoon outlook in India tempers fears of rice export curbs

Rice is the one staple grain helping to keep the world food crisis from getting worse

Good monsoon outlook in India tempers fears of rice export curbs
Updated On : 02 Jun 2022 | 2:24 PM IST

KKR veteran Sanjay Nayar hunts for India's next startup stars with new fund

The fund plans to back about 10 startups, focusing on sectors including consumer tech, fintech and software-as-a-service

KKR veteran Sanjay Nayar hunts for India's next startup stars with new fund
Updated On : 02 Jun 2022 | 12:38 PM IST

Rising tomato prices: Next big risk to India's fight against inflation?

The average retail price of tomatoes in India has jumped 70% from a month ago and 168% from a year earlier to Rs 53.75 a kilogram as of Tuesday

Rising tomato prices: Next big risk to India's fight against inflation?
Updated On : 02 Jun 2022 | 11:46 AM IST

As world struggles with energy and climate crises, these batteries can help

As the market for EV batteries expands and evolves, large industrial-scale powerpacks - energy storage systems, or ESS - are being overlooked as a potential solution to this power crunch

As world struggles with energy and climate crises, these batteries can help
Updated On : 02 Jun 2022 | 11:43 AM IST

Currency turmoil risks undermining India's debut sovereign green bond

The currency has slumped more than 45 this year amid concern the RBI is behind the curve in tackling inflation, with elevated crude oil prices adding to pressures on the net

Currency turmoil risks undermining India's debut sovereign green bond
Updated On : 02 Jun 2022 | 11:39 AM IST

Delhivery IPO: It was nerve-wracking, says CEO on taking the company public

Shares are now up 10% from Delhivery's debut, which Sahil Barua, the CEO, thinks signals solid appetite for risk in India's public markets despite a drop in financing from venture capital firms.

Delhivery IPO: It was nerve-wracking, says CEO on taking the company public
Updated On : 02 Jun 2022 | 10:18 AM IST

Covid cut Indian women out of the job market, putting $6 trillion at stake

India is an extreme illustration of a global phenomenon. Across the world, women were more likely than men to lose jobs during the pandemic, and their recovery has been slower

Covid cut Indian women out of the job market, putting $6 trillion at stake
Updated On : 02 Jun 2022 | 9:34 AM IST

Leaving behind mixed legacy, Sandberg quits Facebook at a perilous moment

She was pivotal in helping the company reach an unparalleled scale of more than two billion active users after Zuckerberg poached her from Google in 2008

Leaving behind mixed legacy, Sandberg quits Facebook at a perilous moment
Updated On : 02 Jun 2022 | 8:54 AM IST

New York to raise age to buy assault rifle to 21, ban body armor

Citing the mass shootings in Buffalo, New York, and Uvalde, Texas, local officials said they wanted to close loopholes and address the gaps in laws exposed by the back-to-back massacres

New York to raise age to buy assault rifle to 21, ban body armor
Updated On : 02 Jun 2022 | 3:43 AM IST

Sri Lanka lifts import curbs to help tackle worsening shortages

The 369 items on the list can now be shipped in without an Import Control License, the Finance Ministry said in a statement Wednesday

Sri Lanka lifts import curbs to help tackle worsening shortages
Updated On : 02 Jun 2022 | 3:41 AM IST

Saudi Arabia is planning the largest buildings ever constructed at $500 bn

Neom, the brainchild of Saudi Crown Prince and de facto ruler Mohammed bin Salman, aims to build twin skyscrapers about 500 meters (1,640 feet) tall

Saudi Arabia is planning the largest buildings ever constructed at $500 bn
Updated On : 01 Jun 2022 | 11:34 PM IST

IBM has to pay BMC Software Inc $1.6 billion for poaching AT&T account

The judgment is one of the largest ever to arise from a commercial dispute, Sean Gorman, a partner with Bracewell LLP who represented BMC in the case, said

IBM has to pay BMC Software Inc $1.6 billion for poaching AT&T account
Updated On : 01 Jun 2022 | 11:28 PM IST

Pakistan inflation climbs to 13.8% in May on rising food and fuel prices

Food prices surged 17.3%, while transport costs surged 31.8%, the data showed

Pakistan inflation climbs to 13.8% in May on rising food and fuel prices
Updated On : 01 Jun 2022 | 11:22 PM IST

Race for cheaper EVs may face fears-long setback due to metal costs

Prices of lithium, cobalt and nickel have soared in the past year, eating into EV makers' margins at a crucial point in the development of the burgeoning industry

Race for cheaper EVs may face fears-long setback due to metal costs
Updated On : 01 Jun 2022 | 9:41 PM IST