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    1. Business News
    2. Authors
    3. bloomberg

    Bloomberg

    Fed rate hikes, inflation, Wall Street, S&P 500, jobs data
    Fed rate hikes and inflation are no longer major concerns for the stock market

    Throughout 2022, investors zoomed in on a handful of macro data points — jobs data, inflation, and the central bank’s…

    By Bloomberg
    January 13, 2023 17:40 IST
    wheat price, production, high yield, exports, export restrictions, domestic prices, inflation, farm ministry
    High wheat crop yield this season might help India ease export curbs

    Wheat output may climb almost 5 per cent from a year earlier to 112 million tons in the year to…

    By Bloomberg
    January 12, 2023 16:04 IST
    Uniqlo, wage hike, employees, inflation, retailer, new hires, fast-fashion apparel, annual salaries, productivity, consumer prices, monetary easing
    Uniqlo owner Fast Retailing to boost Japan salaries by as much as 40%

    Uniqlo will raise annual pay for full-time employees in Japan by as much as 40 per cent, as consumer prices…

    By Bloomberg
    January 11, 2023 17:03 IST
    Tata Group, app, digital strategy, Tata Neu, performance , sales target, technical glitches, e-commerce, investors, Gautam Adani, Mukesh Ambani, Tata Digital
    Tata reviewing strategy for e-commerce app to compete with Amazon as sales may miss target by 50%

    Tata Neu that went live in April, will see sales of about $4 billion in the year to March 31…

    By Bloomberg
    January 11, 2023 12:26 IST
    Tata Group, iPhone plant, Apple, joint venture, manufacturing, production business, incentives political tensions, electronics, acquisition, outsourcing
    Tata close to taking over iPhone plant to grow Apple supply role

    Apple Inc.’s iPhones are mainly assembled by Taiwanese manufacturing giants like Wistron and Foxconn Technology Group. Tata’s deal would advance…

    By Bloomberg
    January 10, 2023 12:37 IST
    rice, exports, grain shipments, food protectionism, welfare programs, food inflation, duty, sugar sales, price
    India considers lifting rice export curbs as supply improves

    India accounts for about 40 per cent of the global rice trade. Any relaxation of the export curbs will likely…

    By Bloomberg
    January 10, 2023 11:47 IST
    Total number of views on WeChat Channels surged, helped by a 400% rise in video views based on AI recommendations (Image source: Bloomberg)
    WeChat competes with rival TikTok, triples in views in 2022

    WeChat’s TikTok-style feature has been a bright spot in the company’s portfolio.

    By Bloomberg
    January 10, 2023 11:10 IST
    Tech stocks, Earnings, fundamentals, share price, wall street
    Tech stocks may continue to look expensive as corporate earnings could disappoint

    Corporate Earnings Remain a key risk for tech stocks after the worst year since 2008.

    By Bloomberg
    January 9, 2023 21:09 IST
    job cut, Goldman Sachs, cost review, installment-lending business, consumer-banking, firing, monetary conditions, economic conditions, compensation
    Goldman to cut about 3,200 jobs this week after cost review

    Goldman Sachs is also poised to unveil financials tied to a new unit that houses its credit card and installment-lending…

    By Bloomberg
    January 9, 2023 12:13 IST
    Bed Bath & Beyond, bankruptcy filing, Q3 results, conference call, analysts, stock price
    Bed Bath & Beyond may go for a bankruptcy filing, Q3 results on January 10 followed by conference call with analysts

    The drop in third-quarter sales and the widening losses indicate that the holiday shopping season was worse for Bed Bath…

    By Bloomberg
    January 6, 2023 17:07 IST
    technology startups, valuation, interest rates, public offering, business models, market shares, IPO, Paytm, Zomato
    India’s fallen tech darlings are value buys for Franklin Templeton after $20 billion wipeout

    Funds managed by Franklin Templeton bought at least 3.3 million shares of e-commerce logistics provider Delhivery Ltd. and more than…

    By Bloomberg
    January 6, 2023 11:33 IST
    The company’s descent from beauty-world darling known for its accessibly priced eye shadow palettes and frenzied store openings once again shows the danger of betting on social media buzz.
    Morphe makeup prepares to close down all US stores with fall of key social media influencers

    Ending relationships with Charles and Star left the company with an abundance of inventory it had trouble selling

    By Bloomberg
    January 6, 2023 10:24 IST
    Walmart, Flipkart, Myntra, sourcing, exports, toy exports, India, suppliers, Doug McMillon, skill development, cash-and-carry format, technology, e-commerce
    Walmart gets $1 billion tax bill for PhonePe shift to India

    Investors including Tiger Global Management have now purchased shares of PhonePe in India at the new price, leading to tax…

    By Bloomberg
    January 5, 2023 14:07 IST
    Mukesh Ambani, Reliance, green energy, gigafactories, blue hydrogen, telecom, Gautam Adani, investment, mobile phone, digital ventures
    Mukesh Ambani to personally drive Reliance green energy business as Akash, Isha, Anant lead other businesses

    Mukesh Ambani will oversee strategy, including the building of gigafactories and blue hydrogen facilities, will assess acquisition targets, and is…

    By Bloomberg
    January 5, 2023 13:53 IST
    Hang Seng index, European equity futures, US stock futures, S&P 500, recession
    Hong Kong shares gain across Asian equity markets

    Shares in mainland China edged higher and equity benchmarks in Australia and South Korea rose.

    By Bloomberg
    Updated: January 4, 2023 11:50 IST
    Twitter hacked! Private data of 200 mn users leaked online, report says
    Musk announces Twitter will ease political ad ban

    Political advertising was a minor income source for Twitter before the ban — amounting to less than $3 million in…

    By Bloomberg
    January 4, 2023 10:45 IST
    US Fed, stock market, Jackson Hole, inflation, powell, rate cut
    US Fed and stock market bulls lock horns in 2022

    Fed Pivot is a move away from sharp rate hikes and toward cuts meant to stave off a recession.

    By Bloomberg
    January 3, 2023 16:57 IST
    US Stocks, Nasdaq 100, tech stocks, inflation, S&P 500
    US stocks suffer worst year since the financial crisis

    The Nasdaq 100 closed down, shedding a third of its value this year as tech stocks emerged as some of…

    By Bloomberg
    January 1, 2023 19:18 IST
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    Latest News

    Shreyas Iyer, Shreyas Iyer hospital, Shreyas Iyer news, Shreyas Iyer rib injury, india australia

    Shreyas Iyer admitted to ICU in Australia due to rib cage injury during 3rd ODI

    supreme court, sc stray dogs case, stray dogs case, stray dogs, delhi stray dogs, strays, mcd

    Stray dogs case: SC fumes as states, UTs fail to file compliance report; summons chief secretaries

    microsoft australia

    Microsoft misled subscribers to buy pricey AI Office 365 plans, says new lawsuit by Australian watchdog

    From Hawaii to Da Nang: How Travis Carrasquillo Found His Peace in Vietnam

    ‘I don’t want to return to the US’: American leaves stressful job for Vietnam, now spends $1,500 a month

    Noida International Airport set for DGCA test flight today; licensing process underway

    Noida to get international airport by November end as Jewar Airport set for DGCA test flight today

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