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NIO President on Profitability, Iran War and Price War
In an exclusive interview, NIO Co-Founder and President Lihong Qin speaks with Bloomberg about the company's profitability outlook. He also discusses the ongoing EV price war, the Iran war's impact, and China's broader EV landscape. (Source: Bloomberg)
Infosys grants Rs 51.75 crore ESOPs to CEO, employees still await pay hike
Infosys grants Rs crore ESOPs to CEO employees still await pay hike
Carmignac Says Equity Market Could Unwind on Macro Risks
Obe Ejikeme, global equities fund manager at Carmignac, discusses cyclicals and the sentiment-driven rally of the past few months. "If you get this big disconnect between what the market is doing, or what the underlying potential macro risks are, then I think the chance of seeing an equity market unwind, or at least a reversal of some of these riskier trades, is quite high," he tells Bloomberg Television. (Source: Bloomberg)
Nike to lay off 1,400, majority cuts in tech team; COO says 'not a new direction'
Nike is laying off 1400 employees globally, primarily in its technology division, as part of its 'Win Now' plan to streamline operations and ensure long-term growth. The company is modernizing its technology, manufacturing, and supply chain, consolidating key hubs and improving integration. Affected employees will receive direct communication and support.
Pakistan completes repayment of $3.45 billion to UAE
Pakistan’s central bank on Friday said it repaid $1 billion to the UAE, completing the repayment of $3.45 billion as agreed between the two countries.The State Bank of Pakistan said in a statement on social media platform X that the South Asian country repaid $2.45 billion to the UAE last week.“State Bank of Pakistan repaid a deposit of $1 billion to Abu Dhabi Fund for Development (ADFD), UAE, on April 23, 2026. Deposits of $2.45 billion were repaid last week. This completes the repayment of tot...
El Salvador boosts security, draws investors with tech push
Once labeled the world’s homicide capital, El Salvador now emerges as the safest in the Americas after sweeping crackdowns dismantled gang control and...
Explained: How Rs 5 lakh PF withdrawal after 3 years could cost you Rs 1.5 lakh
Explained How Rs lakh PF withdrawal after years could cost you Rs lakh
Stock market crash: Why have Sensex, Nifty dropped over 1% in trade today? Top reasons
Technology stocks bore the brunt of the selling. Shares of Infosys, HCLTech, Tech Mahindra and Tata Consultancy Services fell between 2 per cent and 4 per cent after Infosys’ fourth-quarter results failed to meet market expectations.
Update as 6 airlines cancel UK flights amidst fuel shortage - list
It comes after the EU has issued a warning that passengers face a 'very serious crisis'
Suzuki marks 20 years in India, crosses 10 million production milestone
Suzuki marks years in India crosses million production milestone
Iran War to Keep Gas Market Tight for Two More Years, IEA Says
The global natural gas market is set to remain tight well beyond this year, as the ongoing conflict in the Middle East and damage to regional infrastructure continue to disrupt supply, according to the International Energy Agency.
London renters lose out as homeowners win race for more space in 'harshly unequal city'
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Al Kishi: Don’t Be Alarmed By Currency Swap Discussions
The UAE & US have discussed a currency swap line as a financial backstop due to the impact of the war. But Deutsche Bank’s MEA CEO says despite the uncertainty, the banking environment across the Gulf remains resilient. Jamal Al Kishi spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on activity in the region. (Source: Bloomberg)
Up or down? War scrambles financial market signals
The traditional global asset correlations that collapsed when the war in the Middle East erupted remain broken, leaving investors to piece together strategies to trade the road to resolution with a faulty instrument panel. Record highs for Wall Street stocks belie concerns about fraught geopolitics, how long energy supplies might be disrupted for and long-term economic damage. BMO chief FX strategist Mark McCormick reckons the next three to six months will not resemble the “pre-conflict normal”....
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Why HCLTech shares are under pressure again
Why HCLTech shares are under pressure again
Received money, mutual funds or shares as gifts? Don't miss these ITR rules
Received money mutual funds or shares as gifts Dont miss these ITR rules
Retail sales rise as British motorists stock up on fuel
ONS says sales up by 0.7% in March, spurred by big rise in fuel purchases and sunny weather helping retailersBusiness live – latest updatesRetail sales in Great Britain rose last month due to motorists stocking up on fuel as they watched prices at the pump escalate rapidly because of the Iran war.The Office for National Statistics (ONS) said that the volume of retail sales rose 0.7% last month, well above analysts’ forecasts of just 0.1%, as the quantity of fuel bought hit the highest level sinc...
New Nationwide and Halifax messages to customers 'starts today'
It has been a week of change
ईरान से जंग लड़ना अमेरिका को पड़ा भारी, अब तक 2.9 लाख करोड़ रुपये स्वाहा