Bloomberg

After Tesla stock bubble burst, analysts ask existential questions

For Elon Musk and Tesla Inc., the blows from Wall Street came one after another this week -- a relentless barrage that left the stock so beat up that some now wonder if it can ever regain its status as the ultimate 21st centu

Markets News

Trade war escalation will create volatility in global markets, hurt world economy, says China regulator

The U.S. escalation of trade tensions won’t solve any of its problems but will create volatility in global markets and hurt the world economy, according to China’s top financial regulator.

Economy News

India will be single best place to invest in the future, says Fairfax’s Prem Watsa

Watsa said his companies have invested about C$5 billion ($3.7 billion) in India, including a stake in Catholic Syrian Bank Ltd.

India invest, investment in india, indian markets, indian economy, Fairfax, Prem Watsa News

These are key market winners and losers from this year’s elections

Political stability alone isn’t likely to drive continued outperformance by India’s equities or currency, with investors also weighing headwinds from softer domestic consumption, rising oil prices and a trade war.

share market, stock market, stocks in india, market india, economy india, political stability india, lok sabha elections, News

Modi’s landslide win seen weighing on global sugar market

Indian sugar output is likely to exceed consumption for a third year in 2019-20. Supplies, including reserves, may total 44 million tons, against domestic demand of 26 million tons, the federation estimates.

Modi win market effect, sugar industry india, global sugar market News

Facebook deletes record 2.2 billion fake accounts

Facebook has promised repeatedly to be better at detecting and removing posts that violate its policies

Industry News

How SWFs threaten capitalism

By underwriting more private investments, sovereign funds could be contributing to the hollowing out of trust in capitalism itself.

Opinion News

Google deploys AI to clean ‘trashy videos’ from YouTube homepage

The value of this AI system became even clearer this month, when Alphabet Inc.’s Google released new advertising features that target YouTube’s growing direct audience.

Industry News

Google faces Irish privacy probe of data processing for ads

The Google case will analyse whether its data processing happens on a “lawful basis” and whether it respects EU “principles of transparency and data minimization” and look into Google’s data retention practices, the

Industry News

TikTok owner working on music service to challenge Spotify, Apple Music

TikTok extended ByteDance’s reach around the world, a rare feat for a Chinese technology company

Industry News

Asian central banks defend currency declines amid China-US conflict

Officials in Beijing, Seoul and Jakarta were among those taking steps on Wednesday to arrest weakness that’s affected most key currencies in Asia this month.

The value of provisions made by the 16 private sector banks that have so far reported their March quarter results stood at Rs 54,447 crore in FY19 News

Qualcomm’s day of reckoning is here?

A US federal judge’s ruling strikes at the heart of the chipmaker’s business model, one that leverages the patents the company holds.

Opinion News

Stocks of RIL, Adani, Reliance Infra rally after exit polls favour Modi; were sluggish during voting

With official results of the national vote due Thursday, the fate of these stocks lingers on how closely the exit poll trends bear out.

share market, asian stocks, global stocks, stock market, stock market loss, market loss , economy, China stock market, India stock market loss, Indian economy News

Exit polls 2019 predict Modi 2.0! But as PM, he has failed to end India’s tax terror, claims report

In its 2014 election manifesto, Modi’s Bharatiya Janata Party attacked the then Congress Party-led government for unleashing “tax terrorism and uncertainty,” which it argued, “not only creates anxiety among the busine

Exit polls 2019, modi government second term, lok sabha elections 2019, bjp, tax system in india, lok sabha polls 2019, bjp exit poll results News

Tata Faces $14 Billion in debt as JLR continues to struggle

Although Jaguar posted a net income of 119 million pounds ($151 million) this week, debt at owner Tata Motors Ltd. has grown to almost $14 billion, as it struggles to tide over a demand slump in China, the world’s biggest a

Car News

Twitter begins showing more advertisements to users under new ‘experiment’

Twitter makes most of its revenue from advertising, and while its daily audience has been growing

Industry News

Immigrants are the only hope for America’s shrinking workforce

For three decades, Asia’s most successful economies have experimented with a range of policies to reverse far more serious declines in fertility.

Immigrants, American women, Social Security, healthcare, immigration laws, opinion news

Huawei gets 90-day relaxation from Android ban, company to focus on its own OS

Huawei held talks this year with European wireless carriers about installing App Gallery on new devices, said one person familiar with the conversations

Industry News

Lok Sabha election result 2019: These Kingmakers may win political game of thrones, if exit polls turn wrong, says report

Here’s a list of kingmakers -- regional political leaders with clout across various Indian states -- who may decide whether the Modi-led Bharatiya Janata Party or their biggest political rival, Rahul Gandhi’s Indian Natio

Lok Sabha election result 2019, non bjp government, narendra modi, bjp, rahul gandhi, congress, mahagathbandhan, non bjp alliance, Naveen Patnaik, Mayawati, Mamata Banerjee News

Jaguar Land Rover’s tiny profit is no solace; the Tata company still faces major challenges

Rather than generating gains from dramatic cost cuts and other measures, its meagre earnings came on the back of spending less on non-core manufacturing and working-capital improvements.

Industry News

Mid-cap stocks may be headed to revival of fortunes as Modi shines in exit polls

While the benchmark Nifty 50 Index rallied 3.7% to a fresh peak, the Nifty MidCap 100 Index advanced 4.1% as the strength of the projected victory boosted the broader market.

The number of securities that hit the upper circuit limit was 115, while 119 scrips touched their respective lower circuits, according to BSE. (File photo) News

Decoded: Is Huawei a Trump bargaining chip?

If Huawei picks up the slack itself, or hands work over to local suppliers, new jobs will be created for local workers

Industry News

NBFC stocks surge on report of RBI helping hand to tide over liquidity crisis

The non-bank lenders, which have been hit by high borrowing costs and largely shut out from the bond market after the crisis at shadow lender IL&FS Group broke out last year, are facing trouble raising funds.

Sensex News

Facebook’s robotic arms and legs are learner faster than ever

Facebook announced in a blog post Monday that its engineers, working with computer scientists from New York University, have reduced the time it takes to teach a robotic arm how to grasp objects to tens of tries, rather than

Industry News

Google Glass gets new life on factory floor after consumer flop

Wearables -- whether taking the form of eyewear, wristwear or headgear -- boost productivity by giving multi-tasking employees more flexibility to do their jobs without juggling a handheld iPad or laptop.

Google Glass News

This Japanese Toaster costs $270, it only makes one slice at a time

Clad in faux-wood veneer, the gadget is meant to be used at the dining table, not the kitchen counter.

Generic 1st 'RR' Future, Food, MITSUBISHI ELECTRIC CORP, Japan, Japanese Yen Spot, Design, Commodity Futures, Futures Markets, Currency, Industrials, business, pursuits News

Lenovo refutes reports saying it stopped supplying to Huawei after Google’s shock

Earlier today, Google reportedly said it would stop giving Huawei access to its Android support

Industry News
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