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Bloomberg

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Driverless taxis to cancer drugs: Google's moonshots are serious business

Alphabet could be underinvesting in the sustainability of its prosperous main business while overinvesting in adventurous sidelines.

Driverless taxis to cancer drugs: Google's moonshots are serious business
Updated On : 09 May 2021 | 7:16 AM IST

EU seals deal with Pfizer for as many as 1.8 billion vaccine doses

The contract is for a guaranteed 900 million shots, with an option for a further 900 million

EU seals deal with Pfizer for as many as 1.8 billion vaccine doses
Updated On : 08 May 2021 | 4:43 PM IST

Covid-19: Depleting savings, falling incomes leave millions poor in India

Many economists are cutting their forecasts for the current fiscal year as rising unemployment and dwindling savings dim the chances of a double-digit growth

Covid-19: Depleting savings, falling incomes leave millions poor in India
Updated On : 08 May 2021 | 8:23 AM IST

Govt gives bidders data access for $7-billion Bharat Petroleum Sale

The government's 53% stake in the refiner is valued at about Rs 50,900 crore based on Friday's closing price

Govt gives bidders data access for $7-billion Bharat Petroleum Sale
Updated On : 08 May 2021 | 7:34 AM IST

Pakistan to spend 'bare minimum' $6 billion to boost economic growth

The government's GDP target for next year is a percentage point higher than the IMF's 4% projection, and FM Tarin is seeking to boost growth to 6% in the year after

Pakistan to spend 'bare minimum' $6 billion to boost economic growth
Updated On : 07 May 2021 | 11:38 PM IST

Covid surge could peak in coming days, predicts model by PM Modi's advisors

The group's projections have been changing and were wrong last month, but are needed for the government to plan resources.

Covid surge could peak in coming days, predicts model by PM Modi's advisors
Updated On : 07 May 2021 | 11:18 PM IST

Wall Street giants get swept up by India's brutal coronavirus wave

India's total coronavirus infections have risen to 21.5 million, of which about a third were added since mid-April

Wall Street giants get swept up by India's brutal coronavirus wave
Updated On : 07 May 2021 | 11:18 PM IST

Copper jumps to fresh all-time high as growth bets supercharge commodities

Yet, while the biggest miners are universally bullish on the outlook for copper, there are few new projects on the horizon, constraining future supply.

Copper jumps to fresh all-time high as growth bets supercharge commodities
Updated On : 07 May 2021 | 7:42 PM IST

Pakistan to spend 'bare minimum' $6 bn to boost growth: Finance Minister

Pakistan plans to boost spending on large infrastructure projects by as much as 40% to create jobs and foster productivity in an economy crippled by the coronavirus pandemic, Finance Minister Shaukat.

Pakistan to spend 'bare minimum' $6 bn to boost growth: Finance Minister
Updated On : 07 May 2021 | 12:18 PM IST

Wall Street giants' outsourcing ops in India suffer as workers call in sick

A growing number of employees are either sick or scrambling to find critical medical supplies such as oxygen for relatives or friends

Wall Street giants' outsourcing ops in India suffer as workers call in sick
Updated On : 07 May 2021 | 8:17 AM IST

Amazon postpones Prime Day sale in Canada, India due to Covid-19

India, which is suffering severe shortages of medical equipment, on Thursday reported 412,262 new virus cases and 3,980 deaths, both daily records

Amazon postpones Prime Day sale in Canada, India due to Covid-19
Updated On : 07 May 2021 | 7:55 AM IST

The world turns to China for vaccines as Covid-19 crisis deepens in India

Over the past few weeks, leaders of some of the globe's most populous nations have sought more shots from China despite concerns about their effectiveness

The world turns to China for vaccines as Covid-19 crisis deepens in India
Updated On : 07 May 2021 | 7:19 AM IST

US backs Covid-19 vaccine IP waiver; global pharma companies irked

European Commission supports move, matter heading to WTO

US backs Covid-19 vaccine IP waiver; global pharma companies irked
Updated On : 07 May 2021 | 12:48 AM IST

Jeff Bezos sells $2.5 billion of Amazon and signals more coming

Jeff Bezos, the world's richest person, continues to hold more than 10% of Amazon.com.

Jeff Bezos sells $2.5 billion of Amazon and signals more coming
Updated On : 06 May 2021 | 11:47 PM IST

Melinda Gates receives billions in shares from Bill Gates holding company

Cascade Investment, the holding company created by Bill Gates, transferred stock in two of Mexico's largest companies to Melinda French Gates bringing the total amount more than $2 billion.

Melinda Gates receives billions in shares from Bill Gates holding company
Updated On : 06 May 2021 | 10:23 AM IST

India's stock market shockingly resilient amid Covid-19 devastation

Fear of the virus is pervasive. Even the rich and the powerful are finding it hard to arrange a hospital bed or track down an oxygen cylinder

India's stock market shockingly resilient amid Covid-19 devastation
Updated On : 06 May 2021 | 7:53 AM IST

India's struggle to track new Covid-19 variants could worsen the crisis

Second- or even third-generation versions of the variant known as B.1.617 could already be circulating in India and some may be more dangerous

India's struggle to track new Covid-19 variants could worsen the crisis
Updated On : 06 May 2021 | 7:30 AM IST

China halting flights to India could hurt pharma supplies, say companies

China supplies 60% to 70% of the raw materials used by India's drugmakers, according to an expert.

China halting flights to India could hurt pharma supplies, say companies
Updated On : 06 May 2021 | 5:49 AM IST

Book excerpt: The untold story of how Jeff Bezos beat the tabloids

When a gossip paper went after the Amazon CEO, he retaliated with the brutal, brilliant efficiency he used to build his business empire. An excerpt from the new book Amazon Unbound by Brad Stone

Book excerpt: The untold story of how Jeff Bezos beat the tabloids
Updated On : 06 May 2021 | 12:42 AM IST

Bill and Melinda Gates divorce: How $145 bn can be split between couple

The couple are also among the lar­gest landowners in the US and have homes inc­luding their 66,000-sqft mansion in Medina, Washin­gton

Bill and Melinda Gates divorce: How $145 bn can be split between couple
Updated On : 06 May 2021 | 12:36 AM IST