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    1. Business News
    2. Authors
    3. bloomberg

    Bloomberg

    US Stocks, S&P 500, Apple, Amazon, shares,
    US Stocks: Apple tumbles over 4% while Amazon suffers its longest slide since 2019

    A deeper recession could be in store with the Federal Reserve expected to hold rates at a higher level for…

    By Bloomberg
    Updated: November 4, 2022 11:19 IST
    S&P 500, performance, FED rate hike, policy rates
    S&P 500 fell 2.5% in worst performance for any Fed days since January 2021

    Powell said that it’s premature to think about a pause as rates could peak at higher levels than previously thought.

    By Bloomberg
    November 3, 2022 11:37 IST
    The edit feature, currently available to so-called Twitter Blue users who pay $4.99 a month, will be opened to the rest of users for free, one of the people said.
    Twitter verification badge is now $8 monthly subscription

    Twitter has historically used blue verification badges to identify high-profile users who may be at risk of impersonation — people…

    By Bloomberg
    November 3, 2022 11:04 IST
    US interest rates to go higher than projected, says US Fed Chair Jerome Powell

    The S&P 500 suffered its worst rout on a Fed decision day since January 2021. Officials, fighting to curb inflation…

    By Bloomberg
    November 3, 2022 09:23 IST
    Foxconn
    China locks down area around ‘IPhone City’ in blow to Apple

    This move that will severely curtail shipments in and out of the world’s largest iPhone factory.

    By Bloomberg
    November 2, 2022 14:47 IST
    The comic book brand, which is owned by Walt Disney Co., underpins the Marvel Cinematic Universe, an interconnected web of movies that have grossed tens of billions of dollars at the box office
    Electronic Arts Inc. to develop Marvel Inspired video games

    The first game EA is making is based on Iron Man, a billionaire inventor and superhero who was the subject…

    By Bloomberg
    November 1, 2022 08:36 IST
    Federal Reserve, Chairman, Jerome Powell, recession, rate hike
    What if the Federal Reserve Chairman Jerome Powell gives a dovish signal

    The aggressive tightening campaign, threatening to push the US into recession, has left Treasuries on pace for their worst annual…

    By Bloomberg
    October 31, 2022 13:33 IST
    The plan would see the merger of Telecom Italia’s grid with that of Open Fiber SpA, one its smaller competitors, to create a single national landline network.
    Telecom Italia Spa delays network deal

    Earlier this year, Telecom Italia and Cassa Depositi signed a memorandum of understanding aimed at starting the merger, but in…

    By Bloomberg
    October 30, 2022 14:30 IST
    S&P 500, US stocks, Nasdaq 100, bonds, inflation
    S&P 500 and Nasdaq 100 post longest weekly rising streak since August

    Gains in big-tech companies including Microsoft Corp. and Google parent Alphabet Inc. helped both indexes snap a two-day decline on…

    By Bloomberg
    Updated: October 29, 2022 18:32 IST
    Connecting to the platform is mandatory for local and foreign online gaming operators with immediate effect, the tax agency said.
    Nigeria will improve online gaming tax collection via UK platform

    The platform will “not only collect tax revenues at source, but also provide us with tax-reporting and monitoring tools in…

    By Bloomberg
    October 29, 2022 16:09 IST
    Since completing his acquisition Thursday, Musk has said he will convene a content council to make decisions about standards for users and their tweets
    General Motors suspends advertising on Twitter after Tesla owner takes over

    GM is talking with Twitter to discuss how the platform will change and will stop advertising until it has a…

    By Bloomberg
    October 29, 2022 11:03 IST
    JKN Global Group Pcl, will initially re-brand products it already makes into themed merchandise, said chief executive officer Jakapong Jakrajutatip.
    Miss Universe’s CEO to use brand’s popularity; will roll out merch across Asia

    The company currently earns almost all of its revenue through broadcasting rights. It will also offer other firms the right…

    By Bloomberg
    Updated: October 31, 2022 10:17 IST
    consumer goods, sales forecast, price hike, inflation, volume, supermarket brands, operating margin, commodities
    Unilever boosts sales goal as it hikes prices more than ever

    Higher prices pushed the Anglo-Dutch group’s comparable sales up 10.6 per cent to €15.8 billion ($15.9 billion) in the third…

    By Bloomberg
    October 27, 2022 14:02 IST
    alcohol, alcoholic beverage, beer, beer demand, inflation, higher prices, price hike, annual profit, raw material costs, annual Ebitda, revenue, profit margin
    After Heineken’s warning of softening demand, Budweiser Maker says beer demand remains resilient

    The maker of Budweiser and Stella Artois reported adjusted Ebitda growth of 6.5 per cent in the three months ending…

    By Bloomberg
    October 27, 2022 12:53 IST
    job, salary, salary hike, wages, inflation, wage hikes, employees, multinational companies, real-terms salary, workforce
    Which countries will see best and worst salary increases or fall in 2023

    The worst-hit region is likely to be Europe, where real salaries — nominal wage growth minus the rate of inflation…

    By Bloomberg
    October 27, 2022 11:15 IST
    While Lee had been expected to take over the post after his father died in 2020, his ascension had been delayed by graft investigations and two stints in jail.
    Samsung scion Lee takes helm of Korean technology empire

    The elevation formalizes Lee’s status as the nation’s most prominent business executive and one of its chief economic ambassadors.

    By Bloomberg
    October 27, 2022 10:10 IST
    Twitter shares, Elon Musk, Twitter deal, banks, debt financing,
    Twitter shares jump on the news that Elon Musk plans to close Twitter deal on Friday

    But nothing is ever certain with Musk, the mercurial billionaire who only weeks ago was seeking to back out of…

    By Bloomberg
    October 26, 2022 17:13 IST
    alcoholic beverage, beer market, consumer demand, inflation, margin, higher prices, brewers, drinking, recovery
    Heineken sees signs of softer demand as inflation hits European beer drinkers

    Heineken said beer volumes rose 8.9 per cent on an organic basis during the third quarter, which was below the…

    By Bloomberg
    October 26, 2022 13:30 IST
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    Latest News

    The devastating crash in Ontario, Southern California, left three people dead and four others injured. Indian truck driver Jashanpreet Singh has been charged in connection with the incident.

    Ontario Crash: Charges against Indian trucker, Jashanpreet Singh, revealed 

    US shutdown fallout: New York, Houston and Washington flights face mounting delays

    Oil prices dip after surge, remain on track for weekly gain amid supply fears

    Ashley Tellis released

    Espionage case: Indian-American Ashley Tellis released pre-trial on $1.5m bond; still in ‘house detention’

    Thamma Box Office Collection Day 3

    Thamma Box Office Collection Day 3: Ayushmann Khurrana-Rashmika Mandanna starrer enters Rs 50 crore club

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