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Billionaires worldwide are now lining up to take their companies private

Companies have already announced $26 billion of transactions to be taken private by a related party this year, up about 2,500% from the same period in 2019

Covid-19 impact: At JPMorgan, productivity falls for WFH employees

Work output was particularly affected on Mondays and Fridays, according to findings discussed by CEO Jamie Dimon in a private meeting with analysts

Blackstone, Partners Group Holding in race to acquire Piramal Glass

Parent to seek $1 billion valuation from unit sale

RIL: Street's extreme reliance on single stock a cause for concern

A 164% surge in RIL accounted for 43% of the Sensex rally since March 23, making US equities look better

Govt plans law to ban cryptocurrency trading; Cabinet to discuss move

The federal government will encourage blockchain, the technology underlying cryptocurrencies, but is not keen on cryptocurrency trading

How US-China split can affect the shift towards sustainable energy

There is a compelling logic to link Covid-19 and its geopolitical makeover to a change in energy fortunes

Here's why Bill Gates doesn't trust US FDA and CDC even amidst a pandemic

Like the rest of US, Gates, who is 64, is now in the unfamiliar position of having to put his faith in the companies working on Covid-19 treatments and vaccines, not the agency that regulates them

Asian economy to shrink, first time since 1960s, thanks to Covid-19: ADB

In India, where lockdowns have stalled private spending, GDP will shrink by 9% this year, sharply down from June's forecast of -4%

60 years of OPEC: Is the cartel's power over the oil market broken?

The main reason OPEC was able to wrest this control in 1973 was that in 1970, crude oil production in Texas started to fall

Fertility, phones, reforms: A trader checklist for Japan's new PM, Suga

The speed at which ruling Liberal Democratic Party elders moved to throw their weight behind him was nonetheless surprising

Toyota Motors halts expansion plans in India, blames high tax regime

Toyota, one of the world's biggest carmakers, began operating in India in 1997. Its local unit is owned 89% by the Japanese company and has a small market share

Covid-19 pandemic: Air France's survival is 'guaranteed,' says govt

France will "do what is necessary to guarantee the survival of Air France," Le Maire said Monday on France 2 television. "We've already done a lot, and we will continue."

Euro gains blunted stimulus boost to inflation, says Christine Lagarde

Lagarde's cautious remarks on Thursday, when the central bank kept its stimulus settings on hold, failed to stop the currency's gain

Pakistan's economy shows momentum as coronavirus cases taper off

Evidence of momentum returning can be seen from growing cement-to-fuel sales and demand for home appliances to cars

Japan's Yoshihide Suga wins ruling party race to replace premier Shinzo Abe

The party, which has ruled mostly uninterrupted since 1955, was set to use its parliamentary majority to install Suga as prime minister in a separate vote Wednesday

Vedanta Resources leads India surge in dollar loans for local buyouts

Vedanta raised a $1.75 billion facility in August to finance a plan to take its Indian unit private, and is in talks with banks for a further $600 million

Carlyle, SoftBank put on waiting list for Reliance Retail stake: Report

Reliance Industries plans to sell about a 10% stake in Reliance Retail to financial investors and almost all the $5.7 billion worth of shares have been taken up

'Enchanting baritone': Amitabh Bachchan is the new voice of Amazon's Alexa

Alexa will sound exactly like Bachchan no matter what question he is answering without needing to record every word in his voice in the studio

Govt weighs dropping debt condition in plan to sell Air India: Report

Despite the losses, the airline has some lucrative assets which include prized slots at London's choked Heathrow airport, a fleet of more than 100 planes and thousands of trained pilots and crew

Apple to upgrade two of its vital hardware lines beyond iPhone on Sep 15

The release of a new iPad and Apple Watches will correspond with the rollout of iOS 14, iPadOS 14 and watchOS 7 software updates this month