world economic news
- ECONOMY
Vietnam Begins Vaccinations; China Herd Immunity: Virus Update
Almost a year after the coronavirus outbreak officially became a pandemic, global health officials still face challenges in bringing it…
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The Big Question: Can a Guaranteed Income Help End Poverty?
(Bloomberg Opinion) — This is one of a series of interviews by Bloomberg Opinion columnists on how to solve today’s…
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Biden Nears Big Win as $1.9 Trillion Stimulus Goes to Final Vote
(Bloomberg) — President Joe Biden is on the cusp of his first legislative win with the House ready to give…
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Flushed With Liquidity, Lenders Slash Home Loan Rates To Decadal Lows
Flushed with excess liquidity as general credit demand still way below the desired levels, leading home loan players State Bank…
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PVR To Invest Rs 150 Crore To Add 30-40 Screens Next Fiscal
Multiplex major PVR Ltd. plans to invest Rs 150 crore to open up to 40 screens across the country in…
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India’s Economic Recovery Holds Up; But Upturn In Virus Curve A Worry: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Odisha, Uttar Pradesh, Delhi Have Most Contaminated Sites In India
Delhi, India’s capital, has stood third on the list of states and Union territories with most contaminated sites, according to…
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U.S. Cases Ease Further With Stimulus on the Way: Virus Update
U.S. Covid-19 cases increased by about 65,000 Friday, in a week in which new infections declined by 12%. Many states…
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One U.S. State’s Laser Focus on Data Helps Shrink Racial Vaccine Gap
North Carolina is among the best-performing U.S. states when it comes to distributing vaccines evenly among Black and White residents. That’s partly…
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Biden’s Quiet Style Belies Ambitions Beyond Undoing Trump Legacy
(Bloomberg) — The new U.S. president starts his days with an early morning workout in the gym of the White…
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CEO of Top Irish Securities Firm Davy Resigns After Scandal
(Bloomberg) — Brian McKiernan, chief executive of Ireland’s biggest securities firm Davy, resigned after regulators accused the company of a…
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U.S. Curbs Ease; California Hits Vaccine Landmark: Virus Update
(Bloomberg) — Over 10 million vaccine doses have been now administered in California, the state’s governor Gavin Newsom said in…
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Will More Indian Companies Join The SPAC Party?
An innovative legal structure has caused a frenzy in the U.S. capital markets, resulting in new billionaires and companies going…
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The Mutual Fund Show: What You Need To Know About Motilal Oswal, Edelweiss AMC’s New Passive Fund Offers
While the debate over whether investors should buy and sell stocks directly to beat benchmarks or are they better off…
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Curbs Ease Across U.S.; NYC Movie Theaters Reopen: Virus Update
(Bloomberg) — Theaters in New York City, the nation’s second-largest movie market, reopened after a yearlong hiatus. The city’s mayor…
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Muni Bonds Prove a Refuge for Investors Hiding From Rising Rates
(Bloomberg) — For now at least, America’s state and local government bonds are a refuge from the losses piling up…
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World’s Worst Covid Crisis Is Unfolding In Brazil, Where No Fix Seems To Work
(Bloomberg) — More than a year after a spiked virus launched a murderous campaign across the globe, most countries have…
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‘We Are Going Strong’: Farmer Leaders As Protest Enters 100th Day
As the farmer agitation against the Centre’s three farm laws enters its hundredth day on Saturday, union leaders have asserted…
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MTAR Tech IPO Subscribed Over 200 Times On Final Day
The Rs 597-crore initial public offering of MTAR Technologies was subscribed more than 200 times on Friday, the final day…
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Biden Stimulus Faces Lengthy Final Gantlet of Senate Votes
(Bloomberg) — Senate Democrats face a gauntlet of Republican attempts to rein in President Joe Biden’s $1.9 trillion stimulus package…
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Jalapeño Popper Chicken Is More Interesting Than Any Old Sandwich
(Bloomberg) — Editor’s Note: As more people are working from home, Bloomberg Pursuits is running a weekly Lunch Break column…
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Only 40% Of Post-Budget Government Bond Sales Have Gone Through
Only 40% of government bonds auctioned by the Reserve Bank of India since the Union Budget and the monetary policy…
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Reliance To Cover Covid-19 Vaccination Costs For Employees, Families
Billionaire Mukesh Ambani’s Reliance Industries Ltd. will bear the cost of vaccinating its employees and their immediate family, totaling an…
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Microsoft’s $10 Billion Pentagon Deal at Risk Amid Amazon Fight
(Bloomberg) — Microsoft Corp. is in danger of losing a contract to provide $10 billion of cloud computing services to…
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Morgan Stanley Upgrades Mindtree, Cyient Even As It Remains Selective On Mid-Cap IT
Morgan Stanley chose to remain selective on mid-sized technology companies as the global investment bank assesses feasibility of growth estimates…
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Wipro’s Acquisition Of Capco – A Bold Move: IDBI Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Coronavirus India Update: Over 17,000 New Cases; Serum Institute Warns Of Delays
Fresh Covid-19 cases in India continued to rise at a time the country rolled out one of the world’s largest…
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India’s Top-20 Leviathans’ Awe-Inspiring Dominance
Superior Access To Talent And Tech The rising role of technology in driving not just business efficiencies, but also in…
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UN Security Council Warned of Dire Crisis in Ethiopia’s Tigray
(Bloomberg) — The humanitarian crisis in Ethiopia’s Tigray region continues to deteriorate with the risk of famine and escalating violence…
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Tokyo to Extend Emergency; NYC Gets J&J Shots: Virus Update
(Bloomberg) — New York City has received its first delivery of the one-shot Johnson & Johnson vaccine, Mayor Bill de…
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House Panel Probes Opioid Companies on Tax Breaks for Legal Fees
(Bloomberg) — The House Oversight and Reform Committee is probing whether executives at four drug industry companies plan to use…
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MTAR Tech IPO Subscribed 10.27 Times On Second Day
The Rs 597-crore initial public offering of MTAR Technologies was subscribed 10.27 times on Thursday, the second day of the…
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Republicans Shouldn’t Be Democrats-Lite
(Bloomberg Opinion) — Republicans seem to be toying with the notion that the best way to erase the taint left…
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Textile Sector Check – Global Levers Supporting Domestic Growth: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Back to Work: What Recovery Felt Like for Millions of Americans
(Bloomberg) — It’s been a year since Covid-19 triggered the steepest economic collapse in modern U.S. history, with more than…
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Biden’s Relief Debate, Fed Policy, U.S.-U.K. Tariffs: Eco Day
The Senate enters the final stages of debating President Joe Biden’s $1.9 trillion pandemic relief bill on Thursday, with passage…
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Bengaluru, Shimla ‘Most Liveable’ Cities In Government’s Ease Of Living Index
Bengaluru was adjudged the most liveable among 111 cities in India in the government’s ‘Ease of Living Index’ on Thursday,…
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South Korea and Taiwan’s Chip Power Rattles the U.S. and China
(Bloomberg Businessweek) — There’s nothing like a supply shock to illuminate the tectonic shifts in an industry, laying bare the…
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Renegade Crypto Exchange Enlists Mainstream CEO for Makeover
(Bloomberg) — Alexander Höptner was leading the Börse Stuttgart when he jumped at the chance to take a top job…
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Mahindra Logistics’ Large-Ticket Deal Win: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Shares Of Deepak Nitrite Hit A Record High
Shares of Deepak Nitrite Ltd. jumped to a record high after an anti-dumping duty on phenol originating from or exported…
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Indian Vaccine Effective; Rugby Sevens Return: Virus Update
(Bloomberg) — An experimental vaccine developed by India’s Bharat Biotech International Ltd. showed 81% efficacy in an interim clinical trial.…
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How Operators Stack Up After Telecom Spectrum Auction
India received bids for Rs 77,815 crore worth of spectrum as telecom operators strengthened 4G capacity and focussed on 5G…
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Huhtamaki India – Pandemic Led Disruptions Hit Performance: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Coronavirus India Update: Indigenous Vaccine Found Effective; Active Cases Rise
Active Covid-19 cases in India rose again after a brief respite on Tuesday, at a time Bharat Biotech’s Covaxin —…
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Indian Vaccine Effective; Record Deaths in Brazil: Virus Update
(Bloomberg) — An experimental vaccine developed by India’s Bharat Biotech International Ltd. showed 81% efficacy in an interim clinical trial.…
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Security Guards Face the Hazardous Job of Enforcing Covid Rules
(Bloomberg Businessweek) — One Sunday last May, Karmen Kolda arrived early for his 11 a.m. shift as a security guard…
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Now Could Be Buffett’s Moment to Lend America a Hand
(Bloomberg Opinion) — From a new presidential slogan of “Build Back Better” to an economy strained by supply chain problems…
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Internet Shutdowns Plunge Millions into ‘Digital Darkness’
(Bloomberg) — India led the world last year in internet shutdowns that affected hundreds of millions of people, as governments…
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Construction And Infra Sector Update – February 2020: Dolat Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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