scorecardresearch
Thursday, October 3, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Flashy trading stars out, faceless suits are taking over the $4 trillion hedge fund world

In contrast to the old hedge fund model that relied on a macro genius or star stockpicker, an army of traders now invest in an array of strategies.

Stopping Putin means hitting him where it really hurts

If West can pull themselves together to make a coordinated response, challenge will be to punish Putin in language he understands best — through his wallet & those of his friends.

Paytm stock rout is proving to be an expensive lesson for early backers Berkshire, SoftBank

Paytm is struggling to convince investors and analysts alike of the potential for its business model. Losses widened to Rs 474 crore in the September quarter amid rising expenses.

Covid-infected HIV patient in South Africa developed 21 mutations, study shows

Led by scientists from Stellenbosch and University of KwaZulu-Natal, the study adds to evidence that Covid may mutate rapidly when harboured by immunosuppressed individuals.

Infra, rural development, healthcare — top picks for stocks to benefit from Budget 2022

Construction spending, as well as incentives for electric mobility & renewable energy, are also likely to be a focus in Finance Minister Nirmala Sitharaman’s budget speech Tuesday.

North Korea tests biggest ballistic missiles since 2017

The missile reached an altitude of up to 2,000 kilometers (1,240 miles) and had a flight distance of about 800 kilometers, according to initial assessments from Japan and South Korea.

US, EU close to finalising sanctions package against Russia over Ukraine invasion

The measures would include restrictions on the refinancing of Russian sovereign debt, financial sanctions, and the singling out of individuals and entities close to the Kremlin.

Biden to send US troops to Eastern Europe amid threat of Russian invasion of Ukraine

Speaking to reporters Friday, President Joe Biden added that 'not a lot' of soldiers would be involved 'in the near term' and did not name any countries where troops might be deployed.

India carrying out more warship patrols than ever to catch China in crowded global seas

Estimated 125 foreign naval vessels are in the Indian Ocean at any given time, roughly 3 times the number deployed in the wake of the 9/11 attacks when the US invaded Afghanistan.

US urges China to alter quarantine rules for diplomats ahead of Olympics, Beijing protests

Tensions between the world's biggest economies mount as China maintains some of the toughest restrictions to push the number of cases near zero, ahead of Olympic Games.

On Camera

Gaza, Ukraine being fought on techno-battlefields. Indian military is 3 decades behind

My assessment is that the Indian armed forces are adopting emerging technologies for incremental change and not transformation—which is the need of the hour.

Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?