Bloomberg

Microsoft partners Walgreens to fend off Amazon in pharmacy business

Walgreens' deal with Microsoft will start with a pilot of digital health corners in as many as 12 stores this year

Industry News

Reverse swing! Foreign funds want Indian corporate debt, not sovereign bonds; here’s why

Global funds cut holdings of India’s sovereign securities by Rs 33.5 billion ($472 million) in the first two weeks of this year after selling Rs 11 billion in December, data from the Clearing Corporation of India shows.

Markets News

Here’s how you can walk away with Tesla Model 3 car for free

Tesla, which can ship updates to customers via over-the-air software upgrades, launched a "bug bounty" program in 2014 to reward researchers who uncover and report flaws.

Industry News

Crude oil halts drop near $51 a barrel on stockpile optimism and equity rebound

Oil halted its retreat near $51 a barrel on forecasts for a drop in U.S. inventories and as a rebound in equities signaled investor interest in risk assets was improving.

Commodities News

Recession warning: World’s biggest economies heading deeper into a slowdown

The Composite Leading Indicator is the latest sign of a synchronized slowdown in global growth, adding to recession warnings sparked by industrial figures in Germany last week and slumping trade figures for China earlier on M

Economy News

Apple says Qualcomm refused to provide chips for 2018 phones

Apple executives testified earlier Monday that the company prefers to source components from multiple providers. Dual-sourcing chips allows Apple to drive down costs, but also provides a contingency plan if there is an issue

Industry News

Why crypto traders are so worried about Tether

In October, USDT broke out of its historically tight trading range around $1, briefly falling as low as $0.94, fueling fresh speculation that investors may be losing faith in the coin.

Markets News

Etihad reaches deal for rescue of Jet Air, to double its stake to 49 per cent, say reports

The Abu Dhabi-based carrier will double its stake to 49%; Jet founder Naresh Goyal’s stake could drop to 20% from 51%

Industry News

Intel CEO search: The chipmaker still hasn’t found what it’s looking for

Chairman Andy Bryant told some employees recently that the chipmaker may go with a "non-traditional" candidate, suggesting a CEO from outside the company is a possibility.

intel CEO search, chip industry,  Andy Bryant, intel chairman, intel new chairman News

Amazon invests in Qualcomm-backed Israeli semiconductor startup

Wiliot has closed a $30 million Series B funding round, with investment coming from AWS, Samsung Venture Investment Corp. and Avery Dennison Corp., the company said in a statement Monday.

Industry News

Asian stocks trade mixed with earnings in focus: Markets wrap

Asian stocks were mixed on Monday, following the best week for regional stocks since the start of November, as investors awaited a raft of earnings and the January rally in risk assets showed signs of abating. The yuan edged

Markets News

SpaceX layoffs include 577 positions at California headquarters

SpaceX flew a record 21 missions in 2018 for customers including commercial satellite operators, NASA and the U.S. military.

Industry News

Donald Trump makes `A lot of money’ off White House job: Cummings

President Donald Trump is making “a lot of money” off his job leading the nation, the new Democratic chairman of the House Oversight and Reform Committee said as the panel gears up for possible probes into the chief execu

World News

Giant falls: PG&E CEO Departs as utility giant at brink of bankruptcy

PG&E general counsel John Simon will take the helm in the meantime. Williams, 57, took over as CEO in March 2017 and is leaving after a catastrophic three months for PG&E.

Industry News

Singapore’s Temasek sells property assets to CapitaLand for $4.4 billion

CapitaLand will pay a mix of cash and new stock for the assets, it said in a statement on Monday. The deal will bolster its assets to more than S$116 billion, spread across 180 cities in 32 countries, CapitaLand added.

Markets News

Morning briefing: Five things you need to know to start your day

Many financial markets are already signaling that the U.S. is more likely than not hurtling toward recession. The question is whether they will prove prescient or overly fretful. But there are other causes for concern.

Markets News

Emirates to cut 25% flights on closure of Dubai Southern Runway

The closure cost Emirates Group an estimated $467 million impact on revenue, according to its financial statement.

Emirates, Dubai Southern Runway, Dubai International Airport, Emirates Group, Airbus A380 News

US planned Iran strike: White House sought options, WSJ reports

Secretary of State Mike Pompeo declined to comment when asked by reporters in Qatar if he could confirm the report.

US strike on iran, donald trump, white house, US embassy, mike pompeo, middle east, john bolton News

Viacom in talks to sell majority stake in China Operations: WSJ

The move comes as the media conglomerate runs into trouble trying to scale its operations in the country after more than two decades of business there.

Viacom, China operations, MTV, Nickelodeon, china, Reliance Industries Ltd News

Sin tax: A case of beer costs $92 in this country

Residents of this country can now get their brews for just about $92 a case.

Qatar, sin tax in qatar, sin tax on alchohal, beer cost in qatar, doha, persian gulf, Qatar Distribution Co News

Oil output cut: Saudis say OPEC+ move provided a lifeline to US shale

Crude producers in the U.S. are pumping a record 11.7 million barrels a day, according to the Energy Information Administration.

Commodities News

A fintech bonanza is luring foreign cash to this tiny EU state

For two years, the Baltic nation of 2.8 million people has promoted itself as a launchpad for hi-tech upstarts eyeing the European Union and the euro region, offering English-language services and three-month approval for lic

Economy News

Singapore kickstarts zero-waste plan as recycling ratestalls

The government will publish a master plan in the second half, with grants to support projects, Masagos Zulkifli, minister for environment and water resources, said in a speech on Saturday.

World News

Millennial women are pouring into jobs, fueling US labor gains

Millennial women are now more likely to have a college degree than their male peers, and employment rates climb with education.

Jobs and Education News

Jeff Bezos-MacKenzie divorce will cover Amazon’s billions but could be simple

Divorces of the very rich can also become complicated when they cover several jurisdictions, philanthropies, money stashed off-shore and high-end assets like art.

Industry News

Huawei fires employee arrested in Poland on China spy claim

A former high-ranking official at Poland’s Internal Security Agency, who worked at mobile phone operator Orange Polska SA, also was detained.

Industry News

Muammar Qaddafi’s son wants Libya presidential election soon

The one-time Libyan heir-apparent hasn’t appeared in public since he was released in 2017 after a trial in the wake of the revolution that toppled and killed his father in 2011.

World News
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