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Singapore ministers files defamation suits against media company, reporter

world news

Updated on Feb 26, 2025 12:11 PM IST

PTI |

Asia’s richest families: Indians dominate with 6 in top 20

Four Indian families have become a part of the list of Asia's top 20 richest families, compiled by Bloomberg

4 Indian families have made it to the list of top 10 richest families in Asia. Tap to find out who they are
(ANI)

business

Published on Feb 13, 2025 11:40 AM IST

ByAshley Paul

Ambani and Adani exit Bloomberg's $100 Billion Club amid business setbacks

Mukesh Ambani and Gautam Adani have exited Bloomberg's $100 billion club due to business setbacks.

Due to financial difficulties, Gautam Adani and Mukesh Ambani, the richest individuals in India, have both left Bloomberg's $100 billion club. (PTI)

business

Published on Dec 16, 2024 10:32 AM IST

ByHT News Desk

Bloomberg sacks reporter for violating 'editorial standards' in prisoner swap

Bloomberg News takes disciplinary action against staff for prematurely publishing US' biggest prisoner swap story since Cold War.

Bloomberg News is apologizing for a premature story written about the prisoner exchange and says it has disciplined the journalists involved. The story was put out by Bloomberg hours before an embargo was lifted by the White House. (AP Photo/Manuel Balce Ceneta, File)(AP)

world news

Published on Aug 06, 2024 10:52 AM IST

ByTuhin Das Mahapatra

How exactly Joe Biden crack the biggest prison swap since Cold War

Joe Biden and Olaf Scholz's personal promise leads to historic prisoner swap, freeing US journalist Evan Gershkovich and 15 others.

President Joe Biden and Vice President Kamala Harris greet reporter Evan Gershkovich at Andrews Air Force Base, Md., following his release as part of a 24-person prisoner swap between Russia and the United States, Thursday, Aug. 1, 2024. (AP Photo/Manuel Balce Ceneta)(AP)

world news

Published on Aug 02, 2024 10:27 AM IST

Bloomberg | | Posted by Tuhin Das Mahapatra

Goldman Sachs favours Euro for its favorite carry trade, the Rupee

Goldman Sachs carry trades the Rupee using Euros, betting the European Central Bank will further reduce interest rates, while the RBI keeps the Rupee stable.

business

Published on Jun 28, 2024 08:46 PM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

Elon Musk and Neuralink's Shivon Zilis secretly welcome third kid: Report

Billionaire Elon Musk and Neuralink's director of special projects Shivon Zilis reportedly welcome third child discreetly.

Shivon Zilis is an AI expert who has been associated with several projects of Elon Musk and is now the director of Neuralink.

world news

Updated on Jun 23, 2024 07:07 AM IST

ByAditi Srivastava

China lands Chang’e-6 spacecraft to far side of Moon

The China National Space Administration announced that Chang’e-6 “successfully landed at the designated landing area,” the Xinhua News Agency reported Sunday.

A Chinese spacecraft landed on the far side of the moon, boosting the nation’s efforts to compete with the US in a race to send people back to the lunar surface for the first time in more than half a century.(X(formerly Twitter))

world news

Published on Jun 02, 2024 05:39 AM IST

Bloomberg |

Lok Sabha polls 2024: Should you buy Indian stocks on dip? What JPMorgan says

Indian equities rose to record high this year owing to a rally driven by robust economic growth.

Lok Sabha polls 2024: People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)

business

Updated on Apr 19, 2024 07:59 AM IST

ByHT News Desk

This Bill Gates-backed startup is making fuel from water and Carbon Dioxide

Infinium produces nearly 8,300 liters of what’s known in the industry as electrofuel or e-fuel and distributes it to customers across the US.

Microsoft co-founder Bill Gates(Reuters)

business

Published on Apr 09, 2024 03:56 PM IST

Bloomberg | ByHT News Desk

SC reverses trial court order against Bloomberg in Zee defamation case

The top court was hearing a plea filed by Bloomberg against the March 14 order of the Delhi High Court, which dismissed its appeal against the trail court order

india news

Published on Mar 22, 2024 07:48 PM IST

PTI |

Watchdog Says Bankers Misrepresented Risky China-Linked Notes to Korean Retirees

South Korea’s financial watchdog said a probe found that some of the country’s largest brokers misrepresented risky China-linked structured products to retail investors, and it is considering remedies including penalties and a ban on sales.

business

Published on Mar 11, 2024 02:37 PM IST

Bloomberg |

US Mulls Blacklisting CXMT to Curb China’s Chip Advance

The Biden administration is weighing sanctions on several Chinese tech companies, including memory chipmaker ChangXin Memory Technologies Inc., according to people familiar with the matter, in a fresh bid to restrain the Asian country’s development of advanced semiconductors.

business

Published on Mar 10, 2024 08:12 AM IST

Bloomberg |

Japan Couples Sue to End Surname Law, This Time With Business Backing

Six couples sued the Japanese government over a law that requires married spouses to have the same surname, the latest legal challenge against a century-old custom that many argue perpetuates inequality, as well as personal and practical harm.

world news

Published on Mar 08, 2024 10:10 AM IST

Bloomberg |

Biden Orders Military to Build Port to Ease Gaza’s Hunger Crisis

President Joe Biden directed the US military to establish a temporary port on the Gaza coast to ease the humanitarian crisis in the territory sparked by the Israel-Hamas war, and used his State of the Union speech to call on Israel to let more aid into the territory.

world news

Published on Mar 08, 2024 09:36 AM IST

Bloomberg |

UK’s Hunt Extends North Sea Oil, Gas Windfall Tax by a Year

UK Chancellor of the Exchequer Jeremy Hunt said he would extend the windfall tax on the profits of oil and gas companies by one year.

business

Published on Mar 07, 2024 11:41 AM IST

Bloomberg |

ECB on Hold But Forecasts to Boost Case for Cuts: Decision Guide

The European Central Bank is set to keep borrowing costs steady for a fourth meeting, though new economic projections should bolster arguments for cuts to start later this year.

business

Published on Mar 07, 2024 10:49 AM IST

Bloomberg |

SK Hynix Investing $1 Billion to Widen Lead in AI Memory Chips

SK Hynix Inc. is ramping up its spending on advanced chip packaging, in hopes of capturing more of the burgeoning demand for a crucial component in artificial intelligence development: high-bandwidth memory.

business

Published on Mar 07, 2024 07:39 AM IST

Bloomberg |

OpenAI Fires Back at Musk Allegations With Trove of Emails

OpenAI responded to a lawsuit filed against it by Elon Musk in a blog post Tuesday — saying he signed off on the company’s decision to become a for-profit entity and that he insisted it needed to raise “billions” of dollars to be relevant compared with Google.

business

Published on Mar 06, 2024 08:51 AM IST

Bloomberg |

Japan’s Capital Spending Jumps as Firms Surprisingly Bullish

Japanese businesses increased investment in the final quarter of 2023, an indication that firms were more bullish than indicated in overall growth figures for the period released last month.

world news

Published on Mar 04, 2024 11:52 AM IST

Bloomberg |

How a Small German Lender Helped Fuel a Giant Property Bubble

Corestate financed many projects that ended up on Adler’s books, drawing investors with the prospect of double-digit returns. Now many of them face possible steep losses.

world news

Published on Mar 04, 2024 10:51 AM IST

Bloomberg |

Adani Group Offers First Dollar Bond Since Hindenburg Crisis

Adani Group began marketing a $409 million bond in what would be its first dollar note after a report last year by short seller Hindenburg Research, adding to signs of a rebound in investor confidence.

business

Published on Mar 04, 2024 10:36 AM IST

Bloomberg |

What It’s Like to Live in the Most Polluted Place on Earth

The air in one South African industrial region is so contaminated that a town regularly registers the highest levels of harmful particulate emissions on the planet.

world news

Published on Mar 01, 2024 10:50 AM IST

Bloomberg |

Larry Fink, Bill Gates, Rihanna to Join Ambani Son’s Pre-Wedding Bash

A pre-wedding party for the youngest son of Asia’s richest man, Mukesh Ambani, will be a lavish three-day celebration of nuptials.

Anant Ambani, son of Mukesh Ambani, Chairman of Reliance Industries, and Radhika Merchant, daughter of industrialist Viren Merchant(REUTERS)

business

Updated on Mar 01, 2024 07:56 AM IST

Bloomberg |

Bud Light Maker Faces Backlash Over Ads From Workers This Time

The maker of Bud Light is receiving blowback for its advertising, as a deadline approaches for a major strike that could throw a wrench into US beer production ahead of the key summer drinking season.

world news

Updated on Feb 28, 2024 11:12 PM IST

Bloomberg |

ECB Says Banks Need to Improve Trading Client Risk Controls

European banks need to improve their ability to manage the risks they face in dealing with clients such as hedge funds, according to a top regulatory official.

business

Published on Feb 28, 2024 10:37 PM IST

Bloomberg |

Capital Group Says ‘Gentle Bubble’ Is Forming in US Tech Stocks

Capital Group Cos. is shuffling stakes in US technology names amid the blowout rally in the Magnificent Seven megacaps.

world news

Published on Feb 28, 2024 07:51 AM IST

Bloomberg |

Flawed Valuations Threaten $1.7 Trillion Private Credit Boom

Fund managers in this red-hot asset class are often valuing their loans more generously than others do. Regulators are starting to worry.

business

Updated on Feb 28, 2024 07:51 AM IST

Bloomberg |

UK Can’t Roll Over CO2 Budget Surplus, Climate Watchdog Warns

The UK can’t use its past success at curbing emissions as a reason to slow down its current climate plans, or its net zero goal risks being out of reach, according to an independent advisory panel to the government.

world news

Updated on Feb 28, 2024 07:51 AM IST

Bloomberg |

Japan’s Inflation Tops Forecasts, Supporting BOJ Rate Hike Bets

Japan’s benchmark inflation topped estimates in January, supporting the case for the central bank to scrap its negative interest rate in the coming months.

world news

Published on Feb 27, 2024 08:49 AM IST

Bloomberg |

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bloomberg news

Latest from bloomberg

Singapore ministers files defamation suits against media company, reporter

Four Indian families have become a part of the list of Asia's top 20 richest families, compiled by Bloomberg

Mukesh Ambani and Gautam Adani have exited Bloomberg's $100 billion club due to business setbacks.

Bloomberg News takes disciplinary action against staff for prematurely publishing US' biggest prisoner swap story since Cold War.

Joe Biden and Olaf Scholz's personal promise leads to historic prisoner swap, freeing US journalist Evan Gershkovich and 15 others.

Goldman Sachs carry trades the Rupee using Euros, betting the European Central Bank will further reduce interest rates, while the RBI keeps the Rupee stable.

Billionaire Elon Musk and Neuralink's director of special projects Shivon Zilis reportedly welcome third child discreetly.

The China National Space Administration announced that Chang’e-6 “successfully landed at the designated landing area,” the Xinhua News Agency reported Sunday.

Indian equities rose to record high this year owing to a rally driven by robust economic growth.

Infinium produces nearly 8,300 liters of what’s known in the industry as electrofuel or e-fuel and distributes it to customers across the US.

The top court was hearing a plea filed by Bloomberg against the March 14 order of the Delhi High Court, which dismissed its appeal against the trail court order

South Korea’s financial watchdog said a probe found that some of the country’s largest brokers misrepresented risky China-linked structured products to retail investors, and it is considering remedies including penalties and a ban on sales.

The Biden administration is weighing sanctions on several Chinese tech companies, including memory chipmaker ChangXin Memory Technologies Inc., according to people familiar with the matter, in a fresh bid to restrain the Asian country’s development of advanced semiconductors.

Six couples sued the Japanese government over a law that requires married spouses to have the same surname, the latest legal challenge against a century-old custom that many argue perpetuates inequality, as well as personal and practical harm.

President Joe Biden directed the US military to establish a temporary port on the Gaza coast to ease the humanitarian crisis in the territory sparked by the Israel-Hamas war, and used his State of the Union speech to call on Israel to let more aid into the territory.

UK Chancellor of the Exchequer Jeremy Hunt said he would extend the windfall tax on the profits of oil and gas companies by one year.

The European Central Bank is set to keep borrowing costs steady for a fourth meeting, though new economic projections should bolster arguments for cuts to start later this year.

SK Hynix Inc. is ramping up its spending on advanced chip packaging, in hopes of capturing more of the burgeoning demand for a crucial component in artificial intelligence development: high-bandwidth memory.

OpenAI responded to a lawsuit filed against it by Elon Musk in a blog post Tuesday — saying he signed off on the company’s decision to become a for-profit entity and that he insisted it needed to raise “billions” of dollars to be relevant compared with Google.

Japanese businesses increased investment in the final quarter of 2023, an indication that firms were more bullish than indicated in overall growth figures for the period released last month.

Corestate financed many projects that ended up on Adler’s books, drawing investors with the prospect of double-digit returns. Now many of them face possible steep losses.

Adani Group began marketing a $409 million bond in what would be its first dollar note after a report last year by short seller Hindenburg Research, adding to signs of a rebound in investor confidence.

The air in one South African industrial region is so contaminated that a town regularly registers the highest levels of harmful particulate emissions on the planet.

A pre-wedding party for the youngest son of Asia’s richest man, Mukesh Ambani, will be a lavish three-day celebration of nuptials.

The maker of Bud Light is receiving blowback for its advertising, as a deadline approaches for a major strike that could throw a wrench into US beer production ahead of the key summer drinking season.

European banks need to improve their ability to manage the risks they face in dealing with clients such as hedge funds, according to a top regulatory official.

Capital Group Cos. is shuffling stakes in US technology names amid the blowout rally in the Magnificent Seven megacaps.

Fund managers in this red-hot asset class are often valuing their loans more generously than others do. Regulators are starting to worry.

The UK can’t use its past success at curbing emissions as a reason to slow down its current climate plans, or its net zero goal risks being out of reach, according to an independent advisory panel to the government.

Japan’s benchmark inflation topped estimates in January, supporting the case for the central bank to scrap its negative interest rate in the coming months.

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