China is rejecting Australia’s claims that one of it jet acted dangerously when flying close to an Australian surveillance aircraft over the South China Sea. Paul Allen reports on Bloomberg Television.
With the capital markets regulator now taking a closer look at the disclosures made by startups, several of these new age tech companies (NATC) could see their initial public offerings (IPOs) delayed. The Securities and Exchange Board of India (Sebi) is believed to have called for more details on the key performance indicators (KPI) being put out […]
SINGAPORE — Oil prices edged up on Wednesday ahead of data on U.S. oil inventories, with crude futures supported by tight supplies and recovering fuel demand as China’s top cities relax COVID-19 curbs. Read More
Adding a new twist to its ongoing spat with Future Group, e-commerce major Amazon has warned its promoters against sale of the company’s supply chain and logistics businesses to Reliance Industries (RIL) in a fresh transaction. In a letter addressed to Kishore Biyani and other family members who are classified as promoters, Amazon has said […]
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Chinese carmaker Geely already rivals Elon Musk’s Tesla in the EV space, now they’re taking on his SpaceX business in the satellite race. Nine satellites belonging to Geely subsidiary Geespace were launched last week. Geespace CEO Tony Wang spoke exclusively to Bloomberg News’ John Liu about how his satellites can contribute to the development of […]
SINGAPORE — Chicago corn gained more ground on Wednesday with strong demand and higher prices in the physical market lifting futures for a third consecutive session. Read More
TOKYO — Japan’s economy shrank slightly less than initially reported in the first quarter, as private consumption remained resilient in the face of resurgent COVID-19 infections, offsetting a drop in capital spending. Read More
The Union ministry has paved the way for small consumers to get access to green power by reducing the limit of open access transaction by 10 times to 100 kilowatt (kw) and curbing the surcharges to be built into tariffs. The ministry notified the Green Power Open Access Rules, 2022, on Tuesday. The new norms […]