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Bloomberg

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Xi seeks deeper ties, says China will keep opening service firms to world

Xi reiterated that China would develop a "negative list" for services industries, which would allow foreign firms to enter areas that aren't on the list. He did not say when the list would be released

Xi seeks deeper ties, says China will keep opening service firms to world
Updated On : 05 Sep 2020 | 3:47 AM IST

Sri Lanka Prez drafts constitutional changes, seeks to restore exec powers

The latest changes also include replacing the Constitutional Council with a weakened Parliamentary Council made up of only legislators and no civil society members

Sri Lanka Prez drafts constitutional changes, seeks to restore exec powers
Updated On : 05 Sep 2020 | 3:47 AM IST

Vegetables to pajamas: Airlines invent ways to make money amid pandemic

Japan's ANA Holdings Inc. sold tickets for a charter flight to nowhere

Vegetables to pajamas: Airlines invent ways to make money amid pandemic
Updated On : 05 Sep 2020 | 3:46 AM IST

Yandex NV and Uber to spin off self-driving cars into new company

Russia's largest internet company will invest $150 million in the new division, Yandex Self-Driving Group BV, the companies said in a statement on Friday

Yandex NV and Uber to spin off self-driving cars into new company
Updated On : 05 Sep 2020 | 2:36 AM IST

Covid-19: US unemployment rate drops by more than expected, to 8.4%

Nonfarm payrolls increased by 1.37 million, including the hiring of 238,000 temporary Census workers, according to a Labor Department report Friday

Covid-19: US unemployment rate drops by more than expected, to 8.4%
Updated On : 05 Sep 2020 | 2:33 AM IST

Tech sell-off not a warning sign, say analysts after Nasdaq plunge

With the pandemic continuing to rage and a vaccine likely months away, bulls say there are plenty of good reasons why technology shares can be supported at current levels

Tech sell-off not a warning sign, say analysts after Nasdaq plunge
Updated On : 05 Sep 2020 | 1:06 AM IST

Oil prices sink below $40 on stock losses and dollar strengthening

Crude is off to weak start in September as Covid-19 flare ups in various parts of the world threaten a sustained rebound in oil consumption

Oil prices sink below $40 on stock losses and dollar strengthening
Updated On : 05 Sep 2020 | 12:10 AM IST

Russia's Covid-19 vaccine shows potential in peer review, Lancet reports

Sputnik V induced an antibody response in all participants in early trials and found no serious adverse effects.

Russia's Covid-19 vaccine shows potential in peer review, Lancet reports
Updated On : 04 Sep 2020 | 10:42 PM IST

India pins hopes on farms to boost a troubled economy. It may not be enough

The optimism about the sector has been fueled by timely rains, a good monsoon and an increase in the crop area. But here's a look at the risks that may curb growth going forward

India pins hopes on farms to boost a troubled economy. It may not be enough
Updated On : 04 Sep 2020 | 11:58 AM IST

Vodafone's India unit plans $1.5 billion fundraising including share sales

The telecom operator is working to identify potential investors in the US, the people said

Vodafone's India unit plans $1.5 billion fundraising including share sales
Updated On : 04 Sep 2020 | 11:29 AM IST

Singapore Exchange aims to become Asia's benchmark for bitcoin pricing

SGX's iEdge Bitcoin Index and iEdge Ethereum Index will use inputs from exchanges determined by CryptoCompare

Singapore Exchange aims to become Asia's benchmark for bitcoin pricing
Updated On : 04 Sep 2020 | 2:29 AM IST

Hong Kong media baron Jimmy Lai found not guilty in intimidation case

Magistrate May Chung told a Hong Kong Court on Thursday that she found insufficient evidence to support allegations

Hong Kong media baron Jimmy Lai found not guilty in intimidation case
Updated On : 04 Sep 2020 | 2:27 AM IST

Cargo ship carrying 43 crew and 5,800 cows missing in typhoon: Report

Sareno Edvardo, 45, a chief officer from the Philippines, said a wave tilted the Gulf Livestock 1's hull to the right and the vessel overturned after its engine stopped

Cargo ship carrying 43 crew and 5,800 cows missing in typhoon: Report
Updated On : 04 Sep 2020 | 2:20 AM IST

K-shaped recovery in emerging markets makes rich richer amid Covid-19

The gulf may even get wider if the pandemic leads to deeper recessions in the most disadvantaged countries

K-shaped recovery in emerging markets makes rich richer amid Covid-19
Updated On : 04 Sep 2020 | 2:20 AM IST

Amazon plans to hire additional 7,000 for permanent jobs in UK this year

Amazon is looking for engineers, human resources and IT professionals, as well as finance and health and safety professionals and packing and shipment teams

Amazon plans to hire additional 7,000 for permanent jobs in UK this year
Updated On : 04 Sep 2020 | 2:05 AM IST

Emmanuel Macron throws $118 billion lifeline for French economic relaunch

The plan, key for Macron's re-election in 2022, seeks to boost growth with lower tax on businesses

Emmanuel Macron throws $118 billion lifeline for French economic relaunch
Updated On : 04 Sep 2020 | 2:03 AM IST

SoftBank Group eyes partners to bid for TikTok's assets in India

TikTok is considering selling its operations in several countries after local governments shut out the app, citing fears that sensitive user data was passing into the hands of China

SoftBank Group eyes partners to bid for TikTok's assets in India
Updated On : 04 Sep 2020 | 12:29 AM IST

Indian cotton group wrestles with US over whose forecasts are better

Cotton prices in India were down more than 20% from a year earlier during the summer, before partially recovering, owing to a slump in demand from millers in the country

Indian cotton group wrestles with US over whose forecasts are better
Updated On : 03 Sep 2020 | 8:56 PM IST

Tanker loaded with 2 million barrels of oil catches fire off Sri Lanka

Sri Lanka Navy deployed two vessels for rescue operation, Indian Coast Guard diverted three ships and an aircraft, while clean tanker Helen M has also been pressed into assistance

Tanker loaded with 2 million barrels of oil catches fire off Sri Lanka
Updated On : 03 Sep 2020 | 6:55 PM IST

Why Indo-Pacific countries will miss 'Abe Model' more than Japan

This was a prime minister who, for better or worse, seemed to see himself first of all as a convener of and evangelizer to the democracies of a "free and open" Indo-Pacific

Why Indo-Pacific countries will miss 'Abe Model' more than Japan
Updated On : 03 Sep 2020 | 3:32 PM IST