Page 4 - Bloomberg

Bitcoin touches high end of recent range; Dogecoin extends gain

The largest cryptocurrency by market value rose as much as 3.1% to $28,442 on Tuesday, its first session higher in three

Apple to cut jobs in some corporate retail teams in first known layoffs

The iPhone maker has largely held off on corporate layoffs, even as it trims budgets and pares back much of its contractor workforce, including on-contract engineers, recruiters and security guards

India muscles in on $447 bn space economy amid China, Russia's isolation

By 2025, the so-called space economy is projected to grow to $600 billion from $447 billion in 2020, according to Ernst & Young estimates

Amazon.com Inc lays off about 100 employees in its gaming divisions

Amazon has struggled to capitalize on its resources in gaming, including through its Crown channel, an entertainment show on the Twitch streaming service

Adani Group joint venture in talks for 1st offshore loan since Hindenburg

AdaniConneX Private Ltd would use this $200 mn loan for capital expenditure, with a five year tenor under discussion

BOE economist says interest rates may have to rise as prices fall

Inflation is set to drop sharply from the current 10.4% level in the coming months due to lower energy prices and base effects, as last year's sharp price jumps are not repeated

Apple Inc says users report weather app outage in some locations

The Cupertino, California-based company said on its website that issues for the app were reported at 11 p.m. New York time Monday and continued Tuesday

Signature Bank insiders sold $100 mn in Stock, Wall Street Journal Says

They sold many of the shares in 2021 at around $220, before the stock hit an all-time high of $366 in early 2022, according to the report

L'Oreal to buy luxury cosmetics brand Aesop in $2.5 billion deal

At L'Oreal, Aesop joins a cast of luxury brands such as Lancome and Yves Saint Laurent as the French company bets on a continued drift toward high-end cosmetics

US job openings fall below 10 million for first time since 2021: Report

The number of available positions decreased to 9.9 mn from a downwardly revised 10.6 million a month earlier, the Labor Department's Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday

Walmart sees more than 2,000 job cuts in e-commerce warehouses across US

The losses include more than 1,000 positions at a warehouse in Fort Worth

Half a million white-collar job cuts since Oct 2022: Is this just a start?

There have been more than 500,000 job cuts announced around the world since October, as tracked by Bloomberg

Warner Brothers closing in on deal for Harry Potter online TV series

Each season of the series will be based on one of JK Rowling's seven books

What higher oil prices mean for the fight against climate change

In the past year, soaring energy prices and Russia's invasion of Ukraine have been accelerants and a curse for the transition away from dirty fuels

Untamed global warming risks soaring death toll in middle east: Report

If global warming can be limited to 2C above preindustrial levels, the researchers found that over 80% of those deaths could be avoided

Saudi Arabian govt to invest $38 billion to become video-game hub

The fund in February increased its stake in Nintendo to 8.3 per cent, becoming the largest outside shareholder

ByteDance surges 30% to match Tencent's $80 bn sales after TikTok boom

That pace of expansion underscores the resilience of ByteDance's business at a time Washington is threatening to join India in banning TikTok

ICICI Pru makes contrarian bets on short-term bonds as rate hikes continue

"There is no significant benefit to invest in longer-duration assets at this point of time as RBI is expected to remain in a long pause and is not expected to cut rates," CIO Manish Banthia said

Indian businesses investing in VR-based healthcare to train future doctors

Globally, Virtual Reality-based health-care training is a $3.8 billion-a-year industry

Joe Biden's landmark climate Bill lures China's clean energy giants

The building boom underscores how the US has rebuilt its credentials as a cleantech manufacturing hub after last year's Inflation Reduction Act.