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    1. Business News
    2. Authors
    3. bloomberg

    Bloomberg

    Reportedly, many Gemini customers have about $900 million locked in Earn
    Billionaire Winklevoss outlines ‘final offer’ in Genesis crypto bankruptcy

    Genesis, DCG and creditors including Gemini have been locked in court-appointed mediation talks

    By Bloomberg
    July 4, 2023 10:18 IST
    HDFC Bank, HDFC Ltd, merger, deal, bankers, financial advisers, Morgan Stanley, Bank of America Corp, merger process, fundraising, fee pool, transactions
    For advising on $64 billion HDFC-HDFC Bank merger, bankers get a 0.0002% fee

    HDFC’s all-stock merger into HDFC Bank Ltd., which created one of the most valuable banks in the world, has about…

    By Bloomberg
    July 4, 2023 09:49 IST
    Posco Group, steelmaker, investment, batteries, hydrogen, electrical vehicle, battery components, lithium processing
    Posco to invest $92 billion through 2030 in batteries, hydrogen

    Posco Group said that it will spend more than 60% of the total locally, creating about 330,000 jobs annually, while…

    By Bloomberg
    July 4, 2023 08:11 IST
    monetary policy, Goldman Sachs, investment, emerging economies, inflation, interest rate hike, rate cuts, central banks, currency volatility
    Wall Street touts emerging-market rates as dovish pivot arrives

    The optimism follows growing evidence that emerging economies are stealing a march over richer nations in achieving peak inflation and…

    By Bloomberg
    July 4, 2023 07:32 IST
    The city-state will push for a proposal to ban lending and staking for retail investors
    Singapore tells crypto platforms to keep client money in a trust

    Singapore’s move comes after consultation to tighten its regulatory regime for digital assets

    By Bloomberg
    July 3, 2023 18:38 IST
    : Going by sources, Razer is a gaming hardware maker
    Crypto’s dream of an embrace by China gets a reality check

    Reportedly, senior officials outside the central bank are also critical of Bitcoin

    By Bloomberg
    July 3, 2023 16:18 IST
    Tesla Model X
    Tesla and BYD record over 11 lakh EV sales in Q2

    Analysts surveyed by Bloomberg had expected Tesla to deliver 4,48,350 cars in the last three months.

    By Bloomberg
    July 3, 2023 14:47 IST
    Reportedly, Coinbase will provide services for proposed fund issuers
    Fidelity leads flurry of Bitcoin ETF refilings to answer SEC

    Crypto market surveillance may be key to gaining SEC approval for a spot Bitcoin ETF

    By Bloomberg
    July 3, 2023 13:20 IST
    Apple market value, highest, capitalization, stock price, NASDAQ
    History Created! Apple becomes the first company with a market value of over $3 trillion

    Apple first reached $1 trillion in value in mid-2018.

    By Bloomberg
    July 3, 2023 11:57 IST
    IRS “has a legitimate purpose for seeking the materials,” the judge wrote
    Kraken ordered to turn over its users’ information to the IRS

    IRS said it wants data on Kraken that did $20,000 of cryptocurrency trading in a year

    By Bloomberg
    July 3, 2023 11:33 IST
    oil import, Russian oil, buying splurge, OPEC+, shipments, infrastructure issues, supply, imports
    India’s oil imports from Russia climb to new peak as limit nears

    Daily volumes climbed to 2.2 million barrels a day in June, rising for a 10th month, according to Viktor Katona,…

    By Bloomberg
    July 3, 2023 09:37 IST
    Nadella said he would “100%” commit to keeping the Call of Duty shooter game on Sony’s gaming platforms
    Call of Duty to remain 100% on PlayStation, says Microsoft CEO

    According to company statement, Nadella made it clear that Microsoft will honor its commitments to bring games to more players

    By Bloomberg
    June 29, 2023 13:00 IST
    Reportedly, Three Arrows’ failure occurred amid a downturn in digital currencies
    Three Arrows liquidators seek $1.3 billion from fund’s founders

    Zhu and Davies are accused of causing Three Arrows to take on leverage between May and June, 2022

    By Bloomberg
    June 28, 2023 19:04 IST
    Reportedly, Sam Bankman-Fried’s FTX and Alameda made a $500 million investment in the startup
    FTX halts sale of its $500 million stake in AI startup Anthropic

    The halt came after potential buyers assessed private information about the Anthropic stake

    By Bloomberg
    June 28, 2023 17:28 IST
    It’s believed that Prime Trust was also associated with FTX
    Nevada seeks receivership for crypto custodian after millions are lost

    From December, 2021, to March, 2022, Prime purchased digital currency using customer money

    By Bloomberg
    June 28, 2023 13:59 IST
    Going by sources, Cathie Wood is the founder and CEO of ARK Investment Management
    Crypto laws needed to secure UK’s position as global leader

    UK Treasury announced its ambition to become a global crypto hub in April last year

    By Bloomberg
    June 28, 2023 13:27 IST
    Australia suffers the world’s biggest losses from gambling per capita, losing some AUS$25 billion every year
    Online gambling ad ban for Tabcorp, Entain in Australia

    The country’s total spending on online gambling jumped to AUS$9.6 billion in 2022 from AUS$5.6 billion in 2019, spurred by…

    By Bloomberg
    June 28, 2023 13:05 IST
    Vedanta Resources, tech push, display factory, electronics components, manufacturing hub, Foxconn, semiconductor, LCD technology
    Vedanta deepens tech push with $4 billion India display factory

    Vedanta, which has partnered with Foxconn Group affiliate Innolux Corp. for the display business, plans to manufacture glass and assemble…

    By Bloomberg
    June 28, 2023 09:30 IST
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    Latest News

    8th Pay Commission fitment factor trend sparks salary hike hopes among central government employees

    8th Pay Commission fitment factor spikes on Google Trends — is a big salary hike coming?

    Students arrested for stopping long distance train to shoot reels in Kerala

    Tarique Rahman Returns to Dhaka, Raises Political Stakes Ahead of Bangladesh Elections

    Tarique Rahman comes back after 17 years as India watches Bangladesh’s political reset

    ‘Jesus is Palestinian’ billboard at NYC’s Times Square sparks controversy on Christmas

    IBBI Mandates Beneficial Ownership Disclosures to Block Opaque Bids

    Govt notifies new rules to curb ineligible promoters’ re-entry in distressed firms

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