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Bloomberg

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G-20 finance chiefs, bankers see downside risks to global economy growth

The delegates managed to extract a key concession from the U.S. by including a focus on climate change in the final communique.

G-20 finance chiefs, bankers see downside risks to global economy growth
Updated On : 24 Feb 2020 | 2:31 AM IST

Merkel's party drops to record low in Hamburg voting, Greens make gains

The big winner was the Green party, which more than doubled its support to a projected 25.5 per cent, a surge that parallels its rise in national polls.

Merkel's party drops to record low in Hamburg voting, Greens make gains
Updated On : 24 Feb 2020 | 2:22 AM IST

Cash-rich Berkshire embraces the idea of life after Warren Buffett

Last year, Buffett failed to find a major deal to deploy all that cash - a $128 billion pile by the end of 2019 - and help supercharge Berkshire's growth.

Cash-rich Berkshire embraces the idea of life after Warren Buffett
Updated On : 24 Feb 2020 | 2:14 AM IST

Coronavirus may be the 'Disease X' WHO cautioned about years ago

The disease has now spread to more than two dozen countries and territories

Coronavirus may be the 'Disease X' WHO cautioned about years ago
Updated On : 23 Feb 2020 | 12:03 AM IST

E*Trade Financial deal: Morgan Stanley fuels banking takeover buzz

Wealth managers and robo-advisers are also appealing targets because of their relatively stable revenue

E*Trade Financial deal: Morgan Stanley fuels banking takeover buzz
Updated On : 22 Feb 2020 | 3:00 AM IST

Recovering factories keep UK economy on track in February: PMIs

The virus's outbreak weighed on manufacturers' input stocks, which fell at the fastest pace in more than seven years

Recovering factories keep UK economy on track in February: PMIs
Updated On : 22 Feb 2020 | 2:23 AM IST

SoftBank's Masayoshi Son to pitch US investors under cloud of WeWork

In private meetings with SoftBank, Elliott raised issues over the clarity of SoftBank's strategy, people familiar with the talks said

SoftBank's Masayoshi Son to pitch US investors under cloud of WeWork
Updated On : 22 Feb 2020 | 1:39 AM IST

Coronavirus overshadows China stimulus and weighs on oil recovery

The rate of infections has declined in Hubei, the epicenter of the outbreak, but investor anxiety has crept back in as the virus spreads globally

Coronavirus overshadows China stimulus and weighs on oil recovery
Updated On : 21 Feb 2020 | 10:13 PM IST

Aston Martin set to sell stake to F1 billionaire in $656-million deal

The shares posted their biggest gain ever on Friday after Aston Martin announced details of the rescue package, which sees a group led by Stroll buying as much as 20 per cent of the company

Aston Martin set to sell stake to F1 billionaire in $656-million deal
Updated On : 01 Feb 2020 | 2:23 AM IST

Blow to Democrats in Trump trial, US president likely to be acquitted

The decision by Senator Lamar Alexander of Tennessee to vote against new evidence largely dashed Democrats hopes of prevailing

Blow to Democrats in Trump trial, US president likely to be acquitted
Updated On : 01 Feb 2020 | 1:39 AM IST

Amazon's Jeff Bezos adds $13 bn to his fortune in 15 mins; stock rises

At the current price, his net worth would be about $129.5 billion, according to the Bloomberg Billionaires Index

Amazon's Jeff Bezos adds $13 bn to his fortune in 15 mins; stock rises
Updated On : 01 Feb 2020 | 1:34 AM IST

India markets see worst January in four years ahead of Union Budget

The Sensex fell 0.5 per cent to 40,723.49 at the close of trade, resulting in a monthly loss of 1.3 per cent, its worst such performance since July and start to the year since 2016

India markets see worst January in four years ahead of Union Budget
Updated On : 31 Jan 2020 | 11:48 PM IST

Apple, Samsung in close competition for title of top smartphone seller

Industry trackers on Thursday released estimates that show the iPhone maker close to matching or surpassing its Korean rival in shipments during the pivotal holiday quarter

Apple, Samsung in close competition for title of top smartphone seller
Updated On : 30 Jan 2020 | 11:35 PM IST

Unilever likely put Lipton Tea on the block amid slowdown in demand

Unilever is following a consumer shift to coffee as a primary source of caffeine, with takeaway cafes proliferating from London to Beijing

Unilever likely put Lipton Tea on the block amid slowdown in demand
Updated On : 30 Jan 2020 | 10:10 PM IST

Buffett's Berkshire Hathaway to sell newspaper unit for $140 million

Lee has been managing the papers for Buffett's company since 2018, and Berkshire is loaning Lee the money for the purchase.

Buffett's Berkshire Hathaway to sell newspaper unit for $140 million
Updated On : 30 Jan 2020 | 2:07 AM IST

30 mn debit, credit card details of WaWa customers up for sale online

WaWa has offered free credit monitoring and identify theft protection to customers.

30 mn debit, credit card details of WaWa customers up for sale online
Updated On : 30 Jan 2020 | 12:38 AM IST

Investors place bets on roadbuilders in hope of boost in infra spending

Sitharaman outlined $1.5 trillion in infrastructure investment last month, of which federal and state govts will contribute at least 75%

Investors place bets on roadbuilders in hope of boost in infra spending
Updated On : 29 Jan 2020 | 11:40 PM IST

Fighting climate crisis on Davos' agenda, but people arriving by pvt jets

While more organizers are recognizing the need to mitigate the damage their events can cause to the environment, the industry hasn't settled on an approach for tackling air travel

Fighting climate crisis on Davos' agenda, but people arriving by pvt jets
Updated On : 25 Jan 2020 | 10:13 PM IST

The unspoken charge that should doom Prez Donald Trump: Lawlessness

The aid freeze wasn't part of a legitimate reconsideration of U.S. policy towards Ukraine, which Trump would have been free to initiate

The unspoken charge that should doom Prez Donald Trump: Lawlessness
Updated On : 25 Jan 2020 | 10:11 PM IST

YouTube secures exclusive rights to broadcast major esports leagues

The news isn't good for Amazon, which hasn't announced a competitor to Stadia and still faces uncertainty about its in-house gaming studio

YouTube secures exclusive rights to broadcast major esports leagues
Updated On : 25 Jan 2020 | 10:05 PM IST