Page 607 - Bloomberg/workspace/business Standard Web/video

India digital loan apps blamed for mafia-like collection tactics, suicides

Panel set up by the RBI finds more than half of about 1,100 digital loan providers operate illegally.

Language to politics: Taiwan's tech giants hit by culture shock in India

Be it Foxconn or Wistron, firms have to acclimate faster in a nation with its own traits and nuances.

Omicron cases are hitting highs, but new data puts end in sight

One study out of South Africa found patients admitted to the hospital there during the omicron-dominated fourth wave of the virus were 73% less likely to have severe disease.

After announcing merger of financial services, Shriram working on super-app

Shadow lender Shriram City Union Finance Ltd. is building a so-called super app to offer various financial products on a single digital platform

Airlines warn of flight delays as AT&T, Verizon balk at 5G delay

The companies said they might offer a six-month pause near some airports.

Inflation in Turkey surges 36% in December amid Lira crisis

Annual CPI rose to a 19-year high in December due to President Erdogan's push for cheaper borrowing

Collective wealth of top 500 billionaires soared more than $1 trn in 2021

The gains mean there are now a record 10 fortunes in excess of $100 billion, more than 200 above $10 billion

Record wave of emerging-market IPOs meets investors wary of risk

While the price of most newly issued stocks has risen since their IPOs, the benchmark gauge of developing-economy stocks just wrapped up its worst year since 2018

Natural gas shortage leads to Pakistan losing 20% of vital textile exports

About $250 million of textiles exports were lost last month after mills in Punjab were forced to shut for 15 days, said Shahid Sattar, executive director of All Pakistan Textile Mills Association

Billionaires are embracing crypto in case money 'goes to hell'

Even as prices swung wildly, investors large and small dived into Bitcoin and Ethereum as well as non-fungible tokens

China developers stare at a $197-bn problem as debt and wages pile up

The industry will need to find at least $197 billion to cover maturing bonds, coupons, trust products and deferred wages to millions of migrant workers

Covid-19: Air travel sees turbulent start to 2022 over Omicron worries

New York shatters the record for daily Covid numbers with over 85,000 cases

Five things to look for in Asia stocks amid 2022 reversal hopes

The case for a rebound should be aided by lower valuations after the MSCI Asia Pacific Index underperformed its global counterpart by around 20 percentage points last year

Covid cases rise 'through the roof' as Omicron variant sweeps across US

On the plus side, hospitalizations and deaths have been rising more slowly, and it remains to be seen whether omicron's casualty toll will reach levels of previous surges.

Bull market in US overcame Covid waves, Fed pivot in tempestuous 2021

The S&P 500 Index ended the last trading day of 2021 with a drop of 0.3% that still left the equity benchmark 27% higher for the year and boasting no less than 70 record closes

Base metals shine in wild 2021 as gold falters, iron ore sinks

Gold bulls were ultimately left disappointed even as inflation raged

Indian investor paid $69.3 mn for an NFT so you can download it for free

The blockbuster price he paid helped bring attention to the burgeoning market for NFTs

Unfazed collectors drive strong sales on Art Basel Miami's first day

New York dealer, Marianne Boesky, sold multiple pieces in her booth, including a resin-on-wood piece by Donald Moffett for $160,000

Omicron: These countries are slapping the unvaccinated with fines and bans

Here are some of the measures against the unvaccinated deployed by governments around the world

US companies added 534,000 jobs in November, ADP data show

The figures suggest steady improvement in a labor market where skills mismatches, job switching and pandemic-related factors are still making it difficult for employers to attract and retain workers