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    1. Business News
    2. Authors
    3. bloomberg

    Bloomberg

    PepsiCo, Varun Beverages, quarter results, profit, revenue, EBITDA, sales, volume growth, beverages segment
    PepsiCo close to $1.5 billion deal to buy soda brand Poppi: Report

    PepsiCo is reportedly finalising a deal to acquire Poppi, a Texas-based soda brand, for over $1.5 billion. The official announcement…

    By Bloomberg
    March 15, 2025 18:14 IST
    tesla
    Tesla losing market in China to BYD — Home-grown EV maker sells 10 times more

    BYD sold more than 318,000 fully electric and hybrid passenger vehicles last month, up 161% year-on-year.

    By Bloomberg
    March 10, 2025 16:59 IST
    CME derivatives gained popularity because they offer a regulated venue for Bitcoin exposure
    Bitcoin futures demand cools as spot ETF era concludes key arb trade

    Open interest had been at a record over Bitcoin’s 157% surge last year in anticipation of the ETFs

    By Bloomberg
    January 31, 2024 18:50 IST
    Vivendi said in the statement Tuesday that the proposal still needs signoff from lenders, employee groups and regulators
    Vivendi is proposing to break up Bolloré’s media empire into four

    The Paris-based conglomerate with a market value of about €10.6 billion ($11.5 billion) first signaled a potential breakup last month

    By Bloomberg
    January 31, 2024 18:20 IST
    Reportedly, speculative traders are also piling onto platforms such as Pendle Finance
    Crypto’s billion-dollar ‘restaking’ bet comes with some layered risks

    DeFi has been the frontier of crypto since developers sought to create a marketplace without banks

    By Bloomberg
    January 31, 2024 14:20 IST
    budget 2024, interim budget, budget expectations, finance minister, Nirmala Sitharaman, AI industry, skill development, data protection, Governance regulations
    Blockchains may counterbalance AI, Andreessen’s Dixon says

    Dixon said that the firm continues to “consistently deploy capital” in the digital asset industry through token and equity investments

    By Bloomberg
    January 31, 2024 11:40 IST
    NTPC, coal, green pledge, energy security, climate goals, green energy projects, fossil fuels
    NTPC still needs more coal despite green pledge

    NTPC and its units will issue orders for 16.8 gigawatts of new coal plants over the next three years, Finance…

    By Bloomberg
    January 31, 2024 10:59 IST
    Oil refinery
    India looks to expand oil refining capacity, even as US and Europe see a decline

    India’s refining capacity is projected to increase by 56 million tons by 2028, Junior Oil Minister Rameswar Teli said last…

    By Bloomberg
    January 31, 2024 09:53 IST
    Pfizer beats as Paxlovid returns impact milder than feared
    Pfizer beats as Paxlovid returns impact milder than feared

    Once celebrated for lifting sales above $100 billion with life-saving Covid-19 products, the drugmaker now faces Wall Street scrutiny for…

    By Bloomberg
    January 30, 2024 18:27 IST
    Reportedly, GBTC saw $255 million in outflows Friday
    Global crypto assets report $500 million in weekly outflows

    Grayscale Investments’ spot Bitcoin exchange-traded fund led the outflows with $2.2 billion last week

    By Bloomberg
    January 30, 2024 15:00 IST
    Saudi Aramco, oil output capacity, oil production, oil demand, OPEC+, oil consumption, natural gas, renewables
    Saudi Aramco ordered to halt project to boost oil output capacity

    The surprise move comes just months after the world’s biggest oil producer had said it was spending billions of dollars…

    By Bloomberg
    January 30, 2024 12:23 IST
    Investors are also awaiting the Federal Reserve interest-rate decision this week
    Bitcoin heads toward winning streak last seen in pandemic before record high

    A run of five straight monthly gains would be the longest since a six-month stretch spanning October 2020 to March…

    By Bloomberg
    January 30, 2024 12:15 IST
    Toyota
    Toyota retains world’s largest carmaker for 4th year in a row, BYD largest EV maker

    Global sales, including those of subsidiaries Daihatsu Motor and Hino Motors, rose 7.2% from the previous year to a record 11.2…

    By Bloomberg
    January 30, 2024 10:07 IST
    fiscal deficit, trade deficit
    China’s glut, India’s drought. Two faces of liquidity

    While the Chinese authorities’ struggle to stimulate the economy with 3 trillion yuan ($418 billion ) in long-term cash injections…

    By Bloomberg
    January 30, 2024 09:51 IST
    Yet while Wall Street is bullish on Netflix, it doesn’t see much upside for shares
    Netflix has best week since 2022 on subscriber jump

    In the final quarter of 2023, a jump in subscribers further solidified that Netflix’s recent price hikes, password crackdown and…

    By Bloomberg
    January 29, 2024 18:15 IST
    Amazon expects Prime Video ads to reach 115 million US viewers each month
    Amazon’s video ad push aims to turn TVs into shopping carts

    Prime subscribers will see commercials in movies and TV shows unless they choose to pay an extra $3 a month…

    By Bloomberg
    January 29, 2024 17:40 IST
    Customer claims worth more than one million dollars traded at around 73 cents on the dollar as of Friday
    FTX is unloading crypto to raise cash and pay back customers

    An uptick in FTX’s cash stockpile has coincided with the rising value of customer accounts

    By Bloomberg
    January 29, 2024 14:35 IST
    Stablecoins are typically pegged 1-1 to fiat currencies
    Hong Kong stablecoin push attracts one of China’s top fund firms

    HKMA, Financial Services and Treasury Bureau last month began a consultation on stablecoin rules

    By Bloomberg
    January 29, 2024 11:25 IST
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