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    1. Business News
    2. Authors
    3. bloomberg

    Bloomberg

    ola electric IPO
    Ola advances plan for IPO as electric scooters take off in India

    “I thought it would take me four to six years of revenue to go public,” Founder and Chief Executive Officer…

    By Bloomberg
    Updated: July 17, 2023 13:10 IST
    Musk should instead focus on improving video and making better ads, the executive counseled, according to the book.
    Investors want Elon Musk to focus on Tesla as EV race intensifies

    Rival automakers pouncing on booming demand for electric vehicles pose the biggest challenge for Tesla over the next two years just as…

    By Bloomberg
    July 17, 2023 12:27 IST
    China economy, economic growth, China’s stock markets, Morgan Stanley, Goldman Sachs, exports, global oil prices, inflation, IMF, growth rate, deflation pressure, tourism, rate cuts, weak currency, foreign investors
    China’s economy is struggling to gain traction

    Monthly data for industrial production, retail sales and fixed investment — all scheduled for Monday — are expected to show…

    By Bloomberg
    July 17, 2023 07:16 IST
    Turkey,Taxes,Government,Recep Tayyip Erdogan,Generic 1st 'XB' Future,Price Stability,Consumer Goods,Economics,Food,Transportation,economics,markets
    Turkey hikes fuel tax by 200% to finance earthquake damages

    The earthquakes caused more than $100 billion in damages, the government estimates.

    By Bloomberg
    July 16, 2023 19:06 IST
    Nissan Motor Vehicles At The Company's Test-Driving Event
    Nissan issues recall for 1.38 million cars across US, Europe and Japan

    No accidents resulting from the issues have been reported at this time, the spokeswoman told Bloomberg.

    By Bloomberg
    July 14, 2023 18:44 IST
    Advertising last year generated $37 billion in sales, or 7.3% of total revenue.
    Amazon Prime Day online sales up 6.1%; shares rose almost three percent in New York

    An increasing share of customers used “buy now, pay later” services, indicating shoppers are concerned about the economy.

    By Bloomberg
    July 14, 2023 18:30 IST
    Coinbase shares, Nasdaq, securities, US SEC, ruling, stock price
    Coinbase shares rallied 24% after the Ripple ruling

    The ruling from the Ripple case should bode well for Coinbase.

    By Bloomberg
    July 14, 2023 14:58 IST
    The ruling comes as SEC has targeted crypto firms for selling unregistered securities
    Ripple tokens sold to public are not securities, judge says

    XRP soared on the ruling with industry experts highlighting the judge’s ruling on secondary-market crypto sales as a win

    By Bloomberg
    July 14, 2023 11:20 IST
    Philip Lowe, Australia central bank, Reserve Bank, incumbent governor, policy committee, interest rate, borrowing costs, policy intentions, central bank governors
    Australia will replace Philip Lowe as central bank governor

    Philip Lowe, whose seven-year term expires on September 17, isn’t going to receive an extension, according to a person familiar…

    By Bloomberg
    July 14, 2023 10:25 IST
    EV
    European Union seeks out Latin American Nations for lithium in exchange for e-buses

    The initiative is part of a broader push among western economies to ringfence their core industries and counter China, which…

    By Bloomberg
    July 14, 2023 10:15 IST
    Mitsubishi Motors
    Sluggish sales force Mitsubishi Motors to suspend China operations

    The decision to shutter Mitsubishi’s China operations comes after production at the Changsha plant in Hunan province was suspended in…

    By Bloomberg
    Updated: July 14, 2023 10:12 IST
    Reportedly, FTX filed for bankruptcy in November
    FTX sues to recover $323 million DAspent in deal for Swiss firm

    The complaint seeks to recover funds FTX paid to a group of DAAG shareholders

    By Bloomberg
    July 14, 2023 09:46 IST
    It’s believed that Trump values his 90% stake in his social media company
    Trump NFTs, hotel sale: New report details one billion dollars in income

    In the new disclosure, Trump provided more details on CIC Digital LLC

    By Bloomberg
    July 14, 2023 08:45 IST
    Foxconn, chip plant, STMicroelectronics NV, Vedanta Resources, semiconductor business, chip technology, financing plans, debt arrangements
    Foxconn’s change of heart on chips is a warning to India

    How can India both raise and meet its ambition of becoming an electronics manufacturing hub? For manufacturers, the answer is…

    By Bloomberg
    July 14, 2023 07:50 IST
    US CPI report, market, impact, Federal Reserve, rate hike
    US CPI Report for June: Key takeaways for investors

    Here are the key takeaways from the US consumer price report for June released Wednesday.

    By Bloomberg
    July 13, 2023 13:22 IST
    BitExchange is a decentralised money-transferring platform
    Caution about Bitcoin grows as a jump in global markets bypasses crypto

    Reportedly, Bitcoin has stalled this month after a June surge

    By Bloomberg
    July 13, 2023 13:15 IST
    rice exports, exports, export ban, global prices, inflation, El Nino, global supply, rice trade, sugar exports, consumer price inflation
    India considers banning most rice exports as local prices surge

    The government is discussing a plan to ban exports of all non-Basmati rice, according to people familiar with the matter.…

    By Bloomberg
    July 13, 2023 12:35 IST
    inflation, economy, consumer price, RBI, price hike, food prices, CPI inflation, domestic dynamics
    Barclays, Yes Bank raise India inflation forecast as prices jump

    Barclays Bank Plc sees the consumer price inflation averaging 5% in the fiscal year that ends March 2024, up from…

    By Bloomberg
    July 13, 2023 11:51 IST
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    Latest News

    Immigration attorney on visa stamping

    Don’t get visa stamped and post anything religious-political: Indian-American immigration attorney

    Two-Wheelers Lead the Charge while Passenger Cars Gear Up for 2026 Surge

    Electric two-wheelers to drive EV growth, battery localisation key to profits: Capgemini

    Why India is on Track to Hit its 4.4% Fiscal Deficit Target Despite Softening Tax Revenues

    Feasible to meet 4.4% fiscal deficit target for FY26

    CII President Rajiv Memani Calls for ₹2 Lakh Crore Disinvestment and Strategic Import Substitution. (Image Source: PTI)

    ‘On the rupee side, there’s no real need to worry’: Rajiv Memani, CII President

    Banks and NBFCs Slash LTV Ratios as Credit Doubles to ₹3.37 Lakh Crore

    RBI flags concerns over rising gold volatility

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