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Sunday, October 6, 2024
TopicBloomberg wire

Topic: Bloomberg wire

COO of Meta Platforms Sheryl Sandberg is leaving Facebook at a perilous moment

Sandberg is resigning after 14 years of running the company alongside Mark Zuckerberg. It was 'time to write the next chapter of my life', she said in a 1,542-word post on Facebook.

Covid cut Indian women out of job market, now 90% aren’t in workforce

As the world climbs out of the pandemic, economists warn of a troubling data point: Failing to restore jobs for women could shave trillions of dollars off global economic growth.

Delhivery CEO Sahil Barua navigates market meltdown in ‘nerve-wracking’ IPO

Barua and his team slashed the size of the offering by about 30% beginning May, esentially sacrificing some cash in the short-term to try to avoid a tumble for investors.

Singapore Air eyes overseas hubs after Covid slump in domestic market, India key growth area

The strategy involves setting up an airline in another country that taps the potential growth in its domestic market. India’s allure lies in its domestic and international market.

Bitcoin crosses $30,000 as China relaxes Covid curbs

Last week, the S&P 500 had its highest weekly gain since November 2020, while Bitcoin fell for the eighth week in a row.

India’s economy likely lost speed on Covid curbs before Ukraine war

Data due Tuesday is likely to show GDP in the year to March 2022 grew 8.7% from a year ago, slower than the 8.9% expansion projected by the Statistics Ministry three months ago.

Russia’s seaborne crude oil exports rise while EU tussles over ban

Self-sanctioning of Russian crude by European companies has diverted flows to Asia, and it has so far had little impact on the overall level of crude shipments.

Saudi Arabia, Dubai ready to give money, but won’t lend without IMF deal, says Pakistan

Pakistan’s economic risk score is currently at the lowest level. The nation’s forex reserves have halved in less than a year and the rupee has dropped by almost 8% in the past month.

Move over, Champions League – Premier League wins in the money game

Competing in the Champions League final is the pinnacle achievement in European football, but the financial rewards of winning it are not as big, certainly for an English club.

More Russian oil than ever before is heading for India and China

As other nations restrict imports because of the war in Ukraine, India and China have snapped up millions of barrels from Russia to take advantage of hefty discounts on the flows.

On Camera

Is support reducing for Kolkata doctors? Mamata not the only one who has to course correct

West Bengal is ready to welcome its daughter home for Durga Puja, but the family is unable to keep the deep-rooted discord within from spilling out. At its head is Mamata Banerjee.

How Modi govt’s Atmanirbhar policy could have hobbled BSNL’s efforts to catch up in 4G race

Restrictions on use of equipment from global vendors have necessitated new indigenous technology being developed, tested & deployed—further delaying BSNL's 4G & 5G launch.

IAF chief AP Singh red-flags Tejas delay, says China ahead in technology & production capacity

Air force chief says HAL needs to churn out 24 aircraft per year. It is important for IAF to have indigenous weapons systems to deal with any security challenges, he says.

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?