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Bloomberg

Page 803 - Bloomberg/workspace/business Standard Web/video

Big tech's big tax ruse: Industry bosses splurge on buybacks not jobs

The top 10 U.S. tech companies spent more than $169 billion purchasing their shares in 2018, a 55 percent jump from the year before the tax changes, according to data compiled by Bloomberg

Big tech's big tax ruse: Industry bosses splurge on buybacks not jobs
Updated On : 01 Jul 2019 | 4:36 PM IST

Foxconn set to begin mass production of iPhones in India this year

Foxconn Technology Group Chairman said that Prime Minister Narendra Modi has invited him to India as his Taiwanese company plans its expansion in the country

Foxconn set to begin mass production of iPhones in India this year
Updated On : 01 Jul 2019 | 4:36 PM IST

'End of my Presidency': Trump's first reaction to Mueller's appointment

Robert Mueller's appointment as Special Counsel came days after Trump fired FBI Director James Comey.

'End of my Presidency': Trump's first reaction to Mueller's appointment
Updated On : 19 Apr 2019 | 10:24 AM IST

Blackstone plans to convert to a corporation as assets top $500 bn

Changing the company's structure will increase the firm's 'ability to reach a dramatically larger audience', says CEO

Blackstone plans to convert to a corporation as assets top $500 bn
Updated On : 18 Apr 2019 | 10:18 PM IST

Mueller found 10 cases of possible obstruction of justice by Trump: Barr

"Game Over," Donald Trump tweets immediately after Attorney General William Barr's news conference.

Mueller found 10 cases of possible obstruction of justice by Trump: Barr
Updated On : 18 Apr 2019 | 7:53 PM IST

China's $18 billion electric-car market at risk. Will the bubble burst?

There are now 486 EV manufacturers registered in China, more than triple the number from two years ago

China's $18 billion electric-car market at risk. Will the bubble burst?
Updated On : 16 Apr 2019 | 12:53 AM IST

Monsoon rains will be near normal, predicts IMD in good news for economy

The monsoon season delivers about 70% of India's annual rainfall and is key to the success of the farm sector in India

Monsoon rains will be near normal, predicts IMD in good news for economy
Updated On : 15 Apr 2019 | 3:39 PM IST

Bad loan recoveries, bank recap to boost India's GDP growth: Goldman Sachs

Analysts estimate the decline in costs will raise loan growth by 140 basis points

Bad loan recoveries, bank recap to boost India's GDP growth: Goldman Sachs
Updated On : 15 Apr 2019 | 12:51 PM IST

Tiger Woods' Masters win a major boost for the brands still with him

The 43-year-old won his fifth Masters title on Sunday by one stroke. It's his first major victory in over a decade and just his second PGA Tour victory in more than five years

Tiger Woods' Masters win a major boost for the brands still with him
Updated On : 15 Apr 2019 | 10:43 AM IST

Tiger Woods' win at Masters costs bookies $2 million loss

FanDuel Group, which ran a refund promotion tied to its fantasy product, said it lost $2 million when Woods secured his first major victory in more than a decade

Tiger Woods' win at Masters costs bookies $2 million loss
Updated On : 15 Apr 2019 | 9:13 AM IST

Tiger Woods wins Masters, once again is Golf's biggest star

It was the first major title since 2008 for Woods, once golf's most dominant figure until a high-profile sex scandal, divorce and multiple injuries led to a very public fall from grace

Tiger Woods wins Masters, once again is Golf's biggest star
Updated On : 15 Apr 2019 | 9:09 AM IST

Advertising major Publicis to buy Alliance Data's Epsilon for $4.4 billion

Publicis said the acquisition would be fully financed by debt and cash on hand and it would suspend a share buyback program to keep a 45% dividend payout ratio pledge

Advertising major Publicis to buy Alliance Data's Epsilon for $4.4 billion
Updated On : 15 Apr 2019 | 8:54 AM IST

Elon Musk blames Panasonic battery cell lines for constraining Tesla output

'Tesla won't spend money on more capacity until existing lines get closer to 35GWh,' tweeted Elon Musk

Elon Musk blames Panasonic battery cell lines for constraining Tesla output
Updated On : 15 Apr 2019 | 8:35 AM IST

Election promises drive surge in India project financing deals

Project financing deals so far this year are already near 2018 full-year levels

Election promises drive surge in India project financing deals
Updated On : 15 Apr 2019 | 8:07 AM IST

US open to facing penalties in China trade deal, says Steven Mnuchin

US and China would each establish an "enforcement office" to monitor compliance

US open to facing penalties in China trade deal, says Steven Mnuchin
Updated On : 15 Apr 2019 | 2:06 AM IST

Mario Draghi sounds concern over Fed's independence in rare move

Draghi's intervention is notable given central bankers are usually loath to comment on politics or events in economies other than their own

Mario Draghi sounds concern over Fed's independence in rare move
Updated On : 15 Apr 2019 | 1:06 AM IST

Facebook suffers third global outage in 2019, users mock social media giant

Facebook and Instagram were inaccessible on Sunday morning for several hours with both sites refusing to refresh.

Facebook suffers third global outage in 2019, users mock social media giant
Updated On : 14 Apr 2019 | 8:50 PM IST

Ad firm WPP struggles to make a comeback despite Martin Sorrell's departure

WPP's struggles in North America, its biggest market, forced a revenue outlook downgrade in October and Read froze hiring the following month in an urgent effort to rein in costs

Ad firm WPP struggles to make a comeback despite Martin Sorrell's departure
Updated On : 14 Apr 2019 | 12:23 PM IST

One thing millennials haven't killed is houseplants, thanks to Instagram

Cultivating indoor plants dates back to the ancient Chinese and the famed Hanging Gardens of Babylon

One thing millennials haven't killed is houseplants, thanks to Instagram
Updated On : 14 Apr 2019 | 12:54 AM IST

'Rise of Skywalker' heartens Star Wars faithful after tough year

Star Wars fans finally have something to be excited about

'Rise of Skywalker' heartens Star Wars faithful after tough year
Updated On : 13 Apr 2019 | 9:05 PM IST