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  • Exclusive: Bloomberg's India venture with Raghav Bahl's Quint all set to collapse Dec 03, 2019 03:08 PM IST

    Exclusive: Bloomberg's India venture with Raghav Bahl's Quint all set to collapse

    Seeks a new TV partner after the third failed joint venture in the country. In the last decade, Bloomberg has ended two collaborations with Ronnie Screwvala’s UTV and the Anil Ambani group.

  • How Vishal Mehta undertook a journey from discretionary to system trading for consistent gains Nov 30, 2019 03:59 PM IST

    How Vishal Mehta undertook a journey from discretionary to system trading for consistent gains

    Mental discipline, rather than technical analysis and strategies is the main challenge in becoming a successful trader. Vishal Mehta crossed that hurdle when he moved from discretionary to system trading.

  • SBI becomes 6th most valuable company, beats Infosys, HDFC Nov 11, 2016 09:48 AM IST

    SBI becomes 6th most valuable company, beats Infosys, HDFC

    India's largest lender is expected to come out with its results on Friday afternoon. Bloomberg estimates suggest that the bank may report a net profit of Rs 2,585 crore.

  • Panama Papers allegations against officials groundless: China Apr 05, 2016 06:22 PM IST

    Panama Papers allegations against officials groundless: China

    The vast stash of records, covering around 40 years, was obtained from an anonymous source by German daily Sueddeutsche Zeitung and shared with media worldwide by the International Consortium of Investigative Journalists (ICIJ).

  • Amazon introduces daily feedback system Oct 12, 2015 11:31 AM IST

    Amazon introduces daily feedback system

    The company has been working on a regular feedback from its white-collar staffers to monitor how they feel at work and what are their work environments.

  • BMW says weak China demand could hurt full-year earnings Aug 04, 2015 08:18 PM IST

    BMW says weak China demand could hurt full-year earnings

    Chief financial officer Friedrich Eichiner said the world's most populous country, a robust source of growth for German car manufacturers in recent years, was now a riskier market.

  • Uber valued at about $51 bn after latest funding round: WSJ Aug 01, 2015 01:44 PM IST

    Uber valued at about $51 bn after latest funding round: WSJ

    Uber raised close to USD 1 billion in the round, bringing its total funding to more than USD 5 billion, WSJ reported on Friday, citing one of the people.

  • Monsoon normal, but unevenly spread in first two months Jul 31, 2015 02:43 PM IST

    Monsoon normal, but unevenly spread in first two months

    The spread of Monsoon has not been uniform all over India. According to private weather monitoring website Skymet, the delay in onset of Monsoon did not affect the performance of Monsoon.

  • Fake 'Bloomberg' report spikes Twitter shares Jul 15, 2015 08:08 AM IST

    Fake 'Bloomberg' report spikes Twitter shares

    The report appeared on a 'Bloomberg.market' web page virtually identical to the powerful financial news agency's real pages at 'Bloomberg.com', and with links to other real Bloomberg reports.

  • Microsoft to drop display ad biz, cut 1200 jobs Bloomberg Jun 30, 2015 07:54 AM IST

    Microsoft to drop display ad biz, cut 1200 jobs Bloomberg

    Some of the affected employees will be moved to AOL and AppNexus, while some more will be offered positions at Microsoft, Bloomberg said, citing a person with knowledge of the matter.

  • ECB raises Greek bank aid ceiling: Report Jun 17, 2015 09:51 PM IST

    ECB raises Greek bank aid ceiling: Report

    Greek banks are currently reliant on a loan program offered by the European Central Bank known as Emergency Liquidity Assistance (ELA). This is designed to provide credit to financial institutions in the euro zone that are solvent but face "temporary liquidity problems."

  • Rupert Murdoch preparing to step down as Fox CEO: Reports Jun 11, 2015 08:54 PM IST

    Rupert Murdoch preparing to step down as Fox CEO: Reports

    The Murdochs own 39 percent of voting shares in Fox and News Corp, the company that operates newspapers like The Wall Street Journal and book publisher HarperCollins, through a family trust. Fox split from News Corp in 2013.

  • Oil prices rebound in Asian trade May 27, 2015 09:47 AM IST

    Oil prices rebound in Asian trade

    US benchmark West Texas Intermediate (WTI) for July delivery gained 32 cents to USD 58.35 while Brent crude for July gained 11 cents to USD 63.83 in late-morning trade. WTI fell USD 1.69 and Brent dipped USD 1.80 yesterday, as markets in the United States and much of Europe reopened after a public holiday on Monday.

  • Brief Bloomberg outage hits financial markets globally Apr 17, 2015 09:46 PM IST

    Brief Bloomberg outage hits financial markets globally

    The lack of price visibility was blamed for accelerating a sell-off in European shares, while trading volumes in German government bond futures contracts fell by around a third.

  • Wall Street set for lower open on China clampdown worry Apr 17, 2015 08:53 PM IST

    Wall Street set for lower open on China clampdown worry

    U.S. stock index futures pointed to a lower opening on Friday on investor concerns over reports of a regulatory clampdown on trading in China, a move that potentially would be negative for a recently flow of money into Chinese exchanges

  • Samsung's team to make screens for Apple devices: Report Apr 15, 2015 12:32 PM IST

    Samsung's team to make screens for Apple devices: Report

    The team, formed on April 1, also helps with sales and Apple is now the biggest external customer for Samsung components, Bloomberg said.

  • Yahoo shutting office, cutting jobs in China: Report Mar 19, 2015 03:28 PM IST

    Yahoo shutting office, cutting jobs in China: Report

    The move follows Yahoo's announcement in January that it will spin off its stake in Chinese e-commerce giant Alibaba, which last year listed on the New York Stock Exchange in a record offer.

  • Alibaba open to working with PayPal: Reports Nov 12, 2014 09:00 AM IST

    Alibaba open to working with PayPal: Reports

    Alibaba reported more than USD 9 billion in sales on China's Singles' Day on Tuesday.

  • Intel wants $500 mn for Internet TV service: Bloomberg Nov 26, 2013 08:44 AM IST

    Intel wants $500 mn for Internet TV service: Bloomberg

    Intel's project, called OnCue, has faced challenges getting off the ground since it was officially launched in February. The chipmaker's new CEO, Brian Krzanich, ultimately decided Intel could not afford the distraction and expense, sources familiar with the decision told Reuters last week.

  • Bloomberg pulls plug on wealth management business Jul 27, 2013 01:07 PM IST

    Bloomberg pulls plug on wealth management business

    Bloomberg has quietly pulled the plug on its new wealth management business just months after the financial data company began offering investment advice for individuals.

  • Dell shares fall as investors bet against higher buyout bid Jul 06, 2013 02:04 PM IST

    Dell shares fall as investors bet against higher buyout bid

    A deteriorating outlook for the PC industry has made a deal more challenging, and the buyout group is currently not planning to increase its USD 13.65 per share offer to take Dell private, people familiar with the matter said on Wednesday.

  • Pfizer considers purchase of India's Agila Specialties Jan 15, 2013 02:12 AM IST

    Pfizer considers purchase of India's Agila Specialties

    Pfizer Inc is considering buying India's Agila Specialties, the injectable-medicines unit of Indian drug supplier Strides Arcolab Ltd , for a possible price of $2 billion, Bloomberg reported on Monday.

  • Pearson to seek offers to sell FT this year: Srcs Nov 07, 2012 02:22 AM IST

    Pearson to seek offers to sell FT this year: Srcs

    Pearson Plc has decided to consider offers for the Financial Times newspaper this year and may seek at least USD 1 billion, Bloomberg reported, citing people with knowledge of the situation.

  • Thomson Reuters posts loss, $3 bn goodwill charge Feb 09, 2012 05:56 PM IST

    Thomson Reuters posts loss, $3 bn goodwill charge

    Thomson Reuters Corp reported a fourth-quarter loss on Thursday after taking a USD 3 billion non-cash goodwill impairment charge to account for the decline in its financial services business.

  • India may borrow $9.5bn by pledging assets: Bloomberg Dec 22, 2011 03:26 PM IST

    India may borrow $9.5bn by pledging assets: Bloomberg

    India plans to borrow up to 500 billion rupees by pledging property and shares to bridge the government's budget deficit, Bloomberg reported on Thursday, citing unnamed government officials.

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