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Page 5 - Bloomberg

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

Elon Musk's record $56 bn Tesla pay deal again rejected by US judge
Updated On : 03 Dec 2024 | 8:34 AM IST

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

Rising sick days are costing European businesses billions every year
Updated On : 02 Dec 2024 | 10:57 PM IST

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

Tavares' surprise departure leaves Stellantis with no clear leadership
Updated On : 02 Dec 2024 | 10:39 PM IST

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

Nissan CFO Stephen Ma to step down as carmaker faces raft of challenges
Updated On : 02 Dec 2024 | 9:47 PM IST

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

India's falling economic growth seen adding to troubles for stock market
Updated On : 02 Dec 2024 | 8:54 AM IST

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

Blaze in Mercedes-Benz helps South Korea to reshape it's EV policy
Updated On : 02 Dec 2024 | 8:46 AM IST

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

New measures imminent after Trudeau-Trump meeting: Canada's border minister
Updated On : 02 Dec 2024 | 8:33 AM IST

Bulgari CEO looks at India for growth as China luxury demand weakens

Bulgari is expanding its footprint in India to take advantage of strong growth and favorable demographics, Bulgari Chief Executive Officer Jean-Christophe Babin said

Bulgari CEO looks at India for growth as China luxury demand weakens
Updated On : 02 Dec 2024 | 8:25 AM IST

Stars aligning in favour for Indian bonds to extend rally into 2025

RBI's rate cuts anticipated from early next year on slowing economic growth, continued index-inclusion-related foreign inflows and strong demand from local pension and insurance companies

Stars aligning in favour for Indian bonds to extend rally into 2025
Updated On : 02 Dec 2024 | 8:14 AM IST

Elon Musk urges court to block OpenAI 'illegal' for-profit conversion

A spokesperson for OpenAI said Musk's filing "again recycles the same baseless complaints" and "continues to be utterly without merit."

Elon Musk urges court to block OpenAI 'illegal' for-profit conversion
Updated On : 01 Dec 2024 | 9:56 PM IST

US hiring growth due for snapback in November after storms and strike

Nonfarm payrolls probably advanced by 200,000 in November, according to a Bloomberg survey of economists. The data due Friday are also expected to show the unemployment rate held at 4.1%

US hiring growth due for snapback in November after storms and strike
Updated On : 01 Dec 2024 | 8:10 PM IST

Open to ceasefire if Nato protects unoccupied areas, says Zelenskyy

Zelenskyy made the comments in an interview with Sky News broadcast Friday when asked about a scenario in which Nato security guarantees covered only territory controlled by Kyiv

Open to ceasefire if Nato protects unoccupied areas, says Zelenskyy
Updated On : 30 Nov 2024 | 3:42 PM IST

Trudeau, Trump discuss trade, border at crucial Mar-a-Lago meeting

The two leaders also discussed several pipeline projects, including the Keystone XL line the Biden administration killed

Trudeau, Trump discuss trade, border at crucial Mar-a-Lago meeting
Updated On : 30 Nov 2024 | 2:29 PM IST

Adani Green's dollar bond may be revived by mid-2025, says group CFO

Other Adani Group firms may also raise funds through a few public bond sales in India over the next 12 months, Singh said

Adani Green's dollar bond may be revived by mid-2025, says group CFO
Updated On : 30 Nov 2024 | 6:44 AM IST

Cryptocurrency's $1 trillion rally has yet to reprise pandemic-era mania

The banana comes from a viral conceptual artwork, Comedian, comprised of the fruit duct-taped to a wall, which Sun bought in a Sotheby's auction last week

Cryptocurrency's $1 trillion rally has yet to reprise pandemic-era mania
Updated On : 29 Nov 2024 | 11:49 PM IST

Boeing's new CEO Ortberg clips corporate jet trips in show of restraint

The 19 senior leaders have counted on five company-owned Bombardier Inc. Challenger 650 business jets and two customized 737 narrowbodies to help oversee the US planemaker's sprawling operation

Boeing's new CEO Ortberg clips corporate jet trips in show of restraint
Updated On : 29 Nov 2024 | 11:27 PM IST

PBOC injects $111 billion in liquidity as local bond supply surges

The injection expands an effort to ease the funding pressure that had been building in the market after China kicked off a $1.4 trillion program to help local governments cope with their off-balance

PBOC injects $111 billion in liquidity as local bond supply surges
Updated On : 29 Nov 2024 | 5:06 PM IST

India cuts back cheap gas for vehicles even as bad air chokes Delhi

New Delhi, one of world's most polluted cities, was pushed into CNG well over 2 decades ago after a Supreme Court ruling that demanded conversion of all public buses to cope with worsening air quality

India cuts back cheap gas for vehicles even as bad air chokes Delhi
Updated On : 29 Nov 2024 | 11:34 AM IST

Starbucks offers glimpse of North Korean life from new South Korea cafe

Starbucks Coffee Korea's new riverbank cafe at an observatory tower in South Korea's Gimpo city promises coffee aficionados a chance to gaze at normal village life in Gaepung county across border

Starbucks offers glimpse of North Korean life from new South Korea cafe
Updated On : 29 Nov 2024 | 9:25 AM IST

TikTok, Meta brace for Australian social media ban for those under 16

A number of other nations and US states have attempted to curb children's access to social media, with limited success

TikTok, Meta brace for Australian social media ban for those under 16
Updated On : 29 Nov 2024 | 9:07 AM IST