Page 13 - Bloomberg

Reliance said to tap McLaren's Hitesh Sethia as Jio Financial CEO

Sethia joined McLaren as its head of Europe in June last year and has been based in Frankfurt, according to his LinkedIn profile

China plans to create a central agency to manage the flow of data: Report

Chinese officials have in recent years emphasised the need to strengthen their control over the valuable data generated by swaths of the economy, including its internet industry

Japan will disappear without any action on births, says PM's aide

The population has fallen to 124.6 million from a peak of just over 128 million reached in 2008, and the pace of decline is increasing

Will take forceful measures to ensure high-end manufacturing: Xi Jinping

This comes against the backdrop of shifts of production capacity to US, neighbours

Zoom abruptly fires president Greg Tomb 'without cause': Report

The executive had taken a high-profile role at Zoom during his short tenure, appearing on earnings calls and overseeing the company's sales operation

China's central bank signals stable policy as economy rebounds

The PBOC will adjust monetary policy at the appropriate time, Deputy Governor Liu Guoqiang said at the briefing

Singapore monitors short-sellers after Adani Group-Hindenburg saga

The Singapore Exchange's regulatory arm may order an independent review if there are areas of concern, said Tharman, who also serves as minister in charge of the Monetary Authority of Singapore

European ESG funds sell more of their Adani Group shares, shows data

Shares bearing the Adani name now appear in about 480 so-called Article 8 funds - entities promising to promote environmental, social and governance goals under European Union rules

European Union strikes landmark deal to fight greenwashing in bond market

Companies that use the standard will have to prove that the proceeds from their green bonds are in line with the bloc's list of environmentally friendly activities, known as the taxonomy

Elon Musk rides on Tesla to become world's richest person, again

Net worth was at $187.1 billion as of market close on Monday, just topping the $185.3-billion fortune of Arnault

NHPC's Rs 32k-cr hydel project near China border gets Centre's approval

The approved investment includes Rs 6,720 crore of government support for flood moderation and enabling infrastructure, such as roads and bridges connecting the construction site

G7 sanctions to target key industries helping Russia's war: White House

This would be the largest layoff in the industry. Analysts predict that North America would likely be worst affected

China set to overhaul financial system giving Xi Jinping more control

Authorities are considering reviving the long-disbanded Central Financial Work Commission to allow the ruling Communist Party to assert more control over financial policy, according to sources

Saving for retirement? You need at least $3 million, says study

Most respondents are optimistic they'll move closer to their retirement goal by ending 2023 with a balance of retirement savings higher than it was at the end of 2022

Tesla now cheaper than average new car in the US, says report

Even before those cuts, it was the third best-selling SUV in the US last year, after the Toyota RAV4 and the Honda CR-V

Iran just shy of a nuclear bomb, enriched uranium at 84% purity: IAEA

The development comes as Iran is increasingly isolated from the West and nuclear talks with world powers remain suspended

After $135-billion wipeout, Adani Group plans multi-pronged comeback

Besides a campaign to portray themselves as responsible borrowers with prepayments and on-time payments of debt, executives have also kicked off a series of meetings to pacify overseas bondholders

Gautam Adani decides against bid for stake in power trader PTC India

A representative for the Adani Group said the company had not bid for PTC nor contemplated doing so

'Fake Ebitda' masks risk in debt-laden companies, says report

The S&P analysts this week said the latest data reinforces their view that those Ebitda figures are "not a realistic indication of future Ebitda

Tesla considering takeover of battery-metals miner Sigma Lithium Corp

Sigma Lithium is one of multiple mining options Tesla is exploring as it mulls its own refining