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    1. Business News
    2. Authors
    3. bloomberg

    Bloomberg

    Consumer safeguards have been in focus since the more than $40 billion implosion of Do Kwon tokens
    South Korea’s warning on US Bitcoin ETFs hits stocks

    The FSC said it plans to further review digital-asset rules as overseas regulation changes

    By Bloomberg
    January 12, 2024 13:45 IST
    After years of industry speculation, nearly a dozen Bitcoin ETFs won approval from US regulators
    Vanguard spurns Bitcoin ETF, Schwab dives right in, while Merrill evaluates

    “We also have no plans to offer Vanguard Bitcoin ETFs or other crypto-related products,” a Vanguard spokesperson said

    By Bloomberg
    January 12, 2024 10:45 IST
    The company has “massive, massive cash needs,” said Stephen Flynn, a telecom analyst with Bloomberg Intelligence
    Dish Network’s wireless dream turns nightmarish for creditors

    Dish’s actions mark an aggressive start to what will be one of the biggest corporate debt battles of the year

    By Bloomberg
    January 12, 2024 10:30 IST
    consumer goods, urban consumption, Reliance Industries, retail loans, lending, rural demand, election spending, HUL
    Urban shoppers expected to boost earnings at India’s top consumer firms

    While slow volume growth at consumer goods firms has been attributed to struggling rural demand, some companies have recently pointed…

    By Bloomberg
    January 12, 2024 10:06 IST
    BlackRock, Ark Investment Management and Invesco were among the issuers who dropped their costs
    Bitcoin ETFs take Wall Street by storm with historic debut

    Reportedly, Thursday’s debuts included some record-breaking activity

    By Bloomberg
    January 12, 2024 09:30 IST
    USFDA, Syphilis, syphilis drugs, Pfizer, drug shortage, healthcare news, pharma news,
    FDA allows imports of syphilis drug alternate during shortage

    To fix the shortage, Pfizer has added manufacturing shifts and more than halved production time.

    By Bloomberg
    January 11, 2024 12:05 IST
    Gary Gensler is the SEC Chair
    US SEC approves Bitcoin ETFs: Report

    The approvals mark a rare capitulation by the SEC following opposition

    By Bloomberg
    January 11, 2024 10:20 IST
    WPP shares have fallen 14% in the past year and they’re 61% below their all-time high from 2017
    WPP is said to weigh options for 40% stake in Bain’s Kantar

    A deal could given an equity value of about $3 billion to $4 billion for Kantar, which also has around…

    By Bloomberg
    January 11, 2024 09:15 IST
    Consumers again increased their time spent on smartphones — Indonesia ranked highest with over 6 hours per person per day
    TikTok and Disney+ outshine games in record year for mobile apps

    Spending in apps, rather than games, grew as consumers spent more on streaming, user-generated content and dating apps

    By Bloomberg
    January 10, 2024 18:50 IST
    Reportedly, Bitcoin has rallied 163% over the past 12 months
    Bitcoin steadies after false post on ETF approval sparked swings

    The regulator said it had not yet granted approval of spot Bitcoin ETFs

    By Bloomberg
    January 10, 2024 16:30 IST
    Twitch has increased its focus on advertising in recent years
    Amazon’s Twitch to cut 500 Employees, about 35% of staff

    The cuts, which could be announced as soon as Wednesday, come amid concerns over losses at Twitch and after several…

    By Bloomberg
    January 10, 2024 14:15 IST
    Kim, a former gaming executive, has worked to reverse payer losses since taking over as Match Group CEO in 2022
    Match Group names new Tinder CEO after reports of activist stake

    The appointment also follows a Wall Street Journal report that activist Elliott Investment Management had built a $1 billion stake…

    By Bloomberg
    January 10, 2024 11:30 IST
    Many ETF issuers filed changes to their submitted S-1 forms on Tuesday morning
    Valkyrie ‘95% sure’ Bitcoin ETFs will begin trading on Thursday

    About a dozen companies have filed for spot Bitcoin ETFs, which are expected to attract new investors

    By Bloomberg
    January 10, 2024 10:45 IST
    rice, prices, export restrictions, festival demand, household budgets, commodities market, general election, rice inflation, importer
    Rice prices poised to climb higher as market remains tight

    “We know rice markets will remain tight for the foreseeable future, largely due to India’s export ban,” according to Peter…

    By Bloomberg
    January 10, 2024 10:28 IST
    GSK, Aiolos, Asthma drug, experimental drug, healthcare news, pharma news,
    GSK to buy Asthma drug owner Aiolos for up to $1.4 billion

    Walmsley said Monday that she’s watching for deals that would expand the UK company’s existing pipeline.

    By Bloomberg
    January 9, 2024 17:09 IST
    Bayer Pharma, drugs, pharma news, deals, healthcare news, pharma news,
    Bayer Pharma head sees brighter future with deals, new drugs

    On Monday, it reported positive late-stage trial results for elinzanetant, a non-hormonal therapy for menopause symptoms that Bayer says could…

    By Bloomberg
    January 9, 2024 16:38 IST
    Bundling advertising with its smart carts will also allow Instacart to market its ads business to brands even as shoppers return to physical stores
    Instacart expands in-store shopping cart business to include ads

    The company will begin advertising on the carts, which include self-checkout and are equipped with cameras and sensors to detect…

    By Bloomberg
    Updated: January 9, 2024 16:17 IST
    Johnson & Johnson, talcum powder, talcum powder cancer, healthcare news,
    J&J to pay $700 million to settle States’ talc Investigation

    The New Brunswick, New Jersey-based company had offered to settle all current and future baby powder claims for $9 billion…

    By Bloomberg
    January 9, 2024 16:11 IST
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    Latest News

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    Prime Minister Narendra Modi presents a Russian-language copy of the Bhagavad Gita to President Vladimir Putin during their meeting in Delhi

    ‘Bhagavad Gita in Russian’: PM Modi gifts translated copy to Putin as crucial Delhi talks open

    Virender Sehwag in action during his iconic 293-run innings against Sri Lanka at Brabourne Stadium in 2009, which helped India reach No.1 Test ranking

    293 runs, spasms, and history: The day Sehwag played ‘T20’ in a test match

    Suzlon Defends Wind's Role in FDRE, Despite Analyst Fears of Solar/BESS Competition Halting Growth

    Suzlon to set up AI enabled smart factories

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