Page 4 - Bloomberg

US judge who rejected Musk's $56 bn pay deal faces social media backlash

McCormick, the Delaware Chancery Court's chief judge, is an old hand at dealing with Musk-related backlash. In January she got an earful from critics, both in online posts and letters to her chambers

IndiGo named one of the worst airlines as global rankings are unveiled

The airline rankings methodology takes into account customer claims processed worldwide, as well as outside data tracking on-time arrival and departure performance for every plane

Byju's woes continue: Content manager, biz partner face US court sanctions

Federal judge is considering imposing millions of dollars in sanctions on Byju's manager Vinay Ravindra and company ally Rajendran Vellapalath, who founded Dubai-based tech startup Voizzit Technology

President Biden offers $7.5 billion for Samsung SDI-Stellantis hub

The funding, which could easily be canceled by the incoming Trump administration if not finalized by inauguration day

China announces ban on Germanium, Gallium exports to US in tit-for-tat move

Gallium, germanium, antimony and superhard materials are no longer allowed to be exported to America as an overall principle, the Ministry of Commerce said in a statement Tuesday

Options traders' bearish bets on rupee jump 200% on surprise GDP slowdown

Data from the Depository Trust and Clearing Corp. show the volume of dollar-rupee calls trading climbed to $1.9 billion on Monday in the non-deliverable options market

India looks West for cutting-edge weapons to reduce reliance on Russia

India, the world's biggest importer of weapons, has been buying less and less from Russia. Only 36 per cent of India's arms imports came from Russia last year, down from 76 per cent in 2009

Speculation over RBI Guv Shaktikanta Das' extension grows after GDP miss

Das himself has largely refrained from discussing his own future, telling Bloomberg a few months ago that he's focused on his work at the RBI

China's central bank vows supportive monetary policy as US trade war looms

Monetary policy support will be critical to China's economy next year as the US president-elect has vowed to impose steep tariffs on Chinese goods

Big Pharma's bet on China biotech a rare trade bright spot amid tensions

Chinese biomedical research is on the cusp of a breakthrough just as the industry starts to face serious headwinds

Indian insurance firms seek zero-coupon bonds to manage long-term risks

Insurance companies have made a request to the Reserve Bank of India, which has then discussed the matter with the Finance Ministry of the government

Bitcoin's bulls pull back as its quest for $100,000 runs into resistance

Groups of Bitcoin and Ether exchange-traded funds each posted record monthly net inflows in November, at $6.5 billion and $1.1 billion respectively

Elon Musk's SpaceX nears $350 billion valuation in insider share talks

Current conversations with SpaceX are ongoing and the details of a potential transaction could change depending on interest from insider sellers and buyers

Elon Musk's record $56 bn Tesla pay deal again rejected by US judge

Delaware Chancery Court Judge Kathaleen St. J McCormick decided to stick with her original finding in January that the company's board was too much under the influence of Musk in 2018

Rising sick days are costing European businesses billions every year

As companies struggle with chronic shortages, critics blame an overly generous welfare system, where spending on health-related benefits outranks other developed nations

Tavares' surprise departure leaves Stellantis with no clear leadership

Stellantis is under pressure to halt a sales slide in the US and tackle overcapacities in Europe, where demand for electric cars is waning just as Chinese manufacturers expand in the region

Nissan CFO Stephen Ma to step down as carmaker faces raft of challenges

Ma joined Nissan in 1996 in North America and worked in financial roles in China and Japan before being promoted to CFO in December of 2019

India's falling economic growth seen adding to troubles for stock market

Indian economy expanded at the slowest pace in almost two years in the September quarter, data showed

Blaze in Mercedes-Benz helps South Korea to reshape it's EV policy

Mercedes-Benz blaze was undoubtedly an unfortunate event, but it cast a much-needed spotlight on the issue and sparked calls for stricter regulations

New measures imminent after Trudeau-Trump meeting: Canada's border minister

LeBlanc was one of a handful of Canadian officials who attended the dinner with Trump and Trudeau, where the two leaders discussed a wide range of issues