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Bloomberg

Bloomberg

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Beijing will soon reach a milestone in nuclear weapons build-up: US

The development of a nuclear triad raises the long-term stakes in the complex relationship between Beijing and Washington

Beijing will soon reach a milestone in nuclear weapons build-up: US
Updated On : 03 Sep 2020 | 1:28 AM IST

High-yield contest in new phase as Indonesia-India spread jumps

Indonesia's 10-year bond yield climbed three basis points on Wednesday to 6.89%, after India's slid 18 basis points the previous day to 5.94%

High-yield contest in new phase as Indonesia-India spread jumps
Updated On : 02 Sep 2020 | 10:49 PM IST

Unacademy began as co-founder's hobby; start-up is now a unicorn

Unacademy now has 30 million registered users and 350,000 paying subscribers, almost four times as many as in February. The platform has more than 18,000 registered educators.

Unacademy began as co-founder's hobby; start-up is now a unicorn
Updated On : 02 Sep 2020 | 4:21 PM IST

What's holding coronavirus vaccine front-runner back: A China-Canada spat

Chinese customs hasn't approved shipments of CanSino's vaccine to Canada, the National Research Council of Canada said in an Aug. 26 email\

What's holding coronavirus vaccine front-runner back: A China-Canada spat
Updated On : 02 Sep 2020 | 11:44 AM IST

One of the world's richest petrostates, Kuwait is running out of cash

Slow to adjust big-spending habits as oil revenues fall, the Gulf states are hurtling toward a moment of economic reckoning, prompting renewed debate over the future of nations

One of the world's richest petrostates, Kuwait is running out of cash
Updated On : 02 Sep 2020 | 11:44 AM IST

To soften Covid-19 blow, India plans to extend MGNREGA to the cities

The program, when approved, may be rolled out in smaller cities and initially cost about 350 billion rupees ($4.8 billion), said Sanjay Kumar, a joint secretary

To soften Covid-19 blow, India plans to extend MGNREGA to the cities
Updated On : 02 Sep 2020 | 11:29 AM IST

Won't let Australians share news, threatens FB, sends warning to the world

The Australian government has drafted legislation to force the US tech giant and Google to compensate publishers for the value their stories generate for the platforms

Won't let Australians share news, threatens FB, sends warning to the world
Updated On : 02 Sep 2020 | 7:21 AM IST

Ford Motor to cut 1,000 North American salaried jobs amid overhaul

The job cuts are aimed at improving the automaker's efficiency and are not related to rising costs from the coronavirus pandemic, said people familiar with the action

Ford Motor to cut 1,000 North American salaried jobs amid overhaul
Updated On : 02 Sep 2020 | 2:29 AM IST

Malaysia restricts entry of Indian, Philippine citizens amid Covid-19

The restrictions will affect those with long-term passes, students, expatriates, permanent residents as well as family members of Malaysians, Defense Minister Ismail Sabri Yaakob told reporters

Malaysia restricts entry of Indian, Philippine citizens amid Covid-19
Updated On : 02 Sep 2020 | 2:25 AM IST

Nippon Kayaku replaced by SoftBank Corp in Nikkei 225 Stock Average

The change will take effect Oct. 1. The replacement is part of an annual review, with NGK Spark Plug Co. displacing Nippon Sheet Glass Co. in the Nikkei 300, according to the announcement

Nippon Kayaku replaced by SoftBank Corp in Nikkei 225 Stock Average
Updated On : 02 Sep 2020 | 2:14 AM IST

Euro-area inflation rate goes negative for first time since 2016

The inflation rate came in at -0.2%, missing economists' median estimate for a reading of +0.2%. Core inflation hit a record low

Euro-area inflation rate goes negative for first time since 2016
Updated On : 02 Sep 2020 | 2:08 AM IST

McDonald's faces discrimination suit by 52 black former franchisees

The 52 franchisees are seeking as much as $5 million in damages for each of the more than 200 stores that they operated

McDonald's faces discrimination suit by 52 black former franchisees
Updated On : 02 Sep 2020 | 1:58 AM IST

Can block, take down content even if it isn't illegal, says Facebook

Updates terms of service to avoid regulatory impact on the company

Can block, take down content even if it isn't illegal, says Facebook
Updated On : 02 Sep 2020 | 1:47 AM IST

JPMorgan says investors should prepare for rising odds of Donald Trump win

People giving inaccurate answers could artificially skew polls in favour of Biden by 5-6%

JPMorgan says investors should prepare for rising odds of Donald Trump win
Updated On : 02 Sep 2020 | 1:43 AM IST

Slowdown: India's Gen Z risks getting left out of formal jobs, says study

Prime Minister Narendra Modi imposed one of the world's most restrictive lockdowns from March 25, leading to a loss of about 122 million jobs

Slowdown: India's Gen Z risks getting left out of formal jobs, says study
Updated On : 01 Sep 2020 | 1:09 PM IST

You think FAANG is distorting the S&P? Consider Alibaba, Tencent, Meituan

In China, however, the competitive landscape is a lot murkier. Alibaba continues to face fierce competition from JD.com Inc. and Pinduoduo Inc

You think FAANG is distorting the S&P? Consider Alibaba, Tencent, Meituan
Updated On : 01 Sep 2020 | 1:06 PM IST

Ladakh standoff: Latest India-China border row points to long-term conflict

The defense ministry in New Delhi said on Monday its soldiers were able to stop a push by Chinese troops to claim more ground late Saturday in violation of existing agreements

Ladakh standoff: Latest India-China border row points to long-term conflict
Updated On : 01 Sep 2020 | 1:06 PM IST

Economic contraction: India paid the price of lockdown for little reward

The country reported Monday its worst slump since quarterly numbers began publication in 1996: Gross domestic product shrank 23.9% in April to June

Economic contraction: India paid the price of lockdown for little reward
Updated On : 01 Sep 2020 | 12:53 PM IST

Sudan govt signs historic peace deal with rebel groups, says report

The agreement inked Monday with five rebel groups paves the way to fold insurgents into the army and grant them government roles

Sudan govt signs historic peace deal with rebel groups, says report
Updated On : 01 Sep 2020 | 2:28 AM IST

Wirecard AG inquiry probes why Germany missed fraud of century

If the closed-door hearings go badly, parliament may trigger a deeper investigation as the country prepares for the post-Merkel era with an election due next year

Wirecard AG inquiry probes why Germany missed fraud of century
Updated On : 01 Sep 2020 | 2:19 AM IST