ECONOMY
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Chinese Investors Turn to Bank Stocks as Market Darlings Plunge
(Bloomberg) — China’s most-shunned sector is getting a rare moment in the sun as investors seek shelter from a rout…
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Curbs Ease Across U.S.; NYC Movie Theaters Reopen: Virus Update
(Bloomberg) — Theaters in New York City, the nation’s second-largest movie market, reopened after a yearlong hiatus. The city’s mayor…
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U.S. Vaccinated Half Its Seniors. The Next Half Will Be Harder
(Bloomberg) — More than half of Americans 65 years old and over have gotten a Covid-19 vaccination, but lingering hesitancy…
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Muni Bonds Prove a Refuge for Investors Hiding From Rising Rates
(Bloomberg) — For now at least, America’s state and local government bonds are a refuge from the losses piling up…
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Forget GameStop. If You Want Real Risk, Invest in Supercars
(Bloomberg Businessweek) — Everyone notices the doors, but few pay much attention to the sills. In 1954, Mercedes-Benz unveiled its…
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World’s Worst Covid Crisis Is Unfolding In Brazil, Where No Fix Seems To Work
(Bloomberg) — More than a year after a spiked virus launched a murderous campaign across the globe, most countries have…
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West Bengal Elections: TMC Announces Candidates For 291 Seats, Mamata Banerjee To Contest From Nandigram
West Bengal Chief Minister Mamata Banerjee Friday confirmed her candidature from Nandigram seat as she released the list of Trinamool…
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Timely GameStop Sale Lifts Senvest Hedge Fund to 60% Return
(Bloomberg) — A hedge fund that was one of GameStop Corp.’s top shareholders gained about 60% in the first two…
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Covid-Decimated Jobs Rebound Faster Than Expected
(Bloomberg Opinion) — During a webinar on Thursday with The Wall Street Journal, Federal Reserve Chair Jerome Powell made a…
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‘We Are Going Strong’: Farmer Leaders As Protest Enters 100th Day
As the farmer agitation against the Centre’s three farm laws enters its hundredth day on Saturday, union leaders have asserted…
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MTAR Tech IPO Subscribed Over 200 Times On Final Day
The Rs 597-crore initial public offering of MTAR Technologies was subscribed more than 200 times on Friday, the final day…
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Biden Stimulus Faces Lengthy Final Gantlet of Senate Votes
(Bloomberg) — Senate Democrats face a gauntlet of Republican attempts to rein in President Joe Biden’s $1.9 trillion stimulus package…
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I Got Vaccinated, Then I Got Covid. What Happened?
(Bloomberg Opinion) — Mary Duenwald, a Bloomberg Opinion editor, tested positive for Covid-19 even after receiving both doses of the Pfizer…
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World’s Worst Covid Crisis Is Unfolding in Brazil, Where No Fix Seems to Work
(Bloomberg) — More than a year after a spiked virus launched a murderous campaign across the globe, most countries have…
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Jalapeño Popper Chicken Is More Interesting Than Any Old Sandwich
(Bloomberg) — Editor’s Note: As more people are working from home, Bloomberg Pursuits is running a weekly Lunch Break column…
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Lenders Agree To JSW Steel’s Terms For Buying Bhushan Power & Steel
Lenders to Bhushan Power & Steel Ltd. have agreed to terms set by JSW Steel Ltd. for purchasing the assets…
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Google Puts Lid on Cookie Jar and Ends an Internet Era
(Bloomberg Opinion) — The cookie is dead. Long live the cookie. Google, the internet search giant, said this week that…
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ETFs Show Balance Is Shifting in Favor of Emerging-Market Stocks
(Bloomberg) — If capital flows into U.S. exchange-traded funds are any indication, investors have begun to favor emerging-market stocks over…
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Covid-19 Recovery Pulse – E-Way Bills, GST Collections Remain Buoyant In February: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Top Idea Picks For March: KRChoksey
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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It’s Too Late for Big Oil’s Pivot to a Carbon Tax
The American Petroleum Institute is debating whether to support a price on carbon. It’s not every day that a top…
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Only 40% Of Post-Budget Government Bond Sales Have Gone Through
Only 40% of government bonds auctioned by the Reserve Bank of India since the Union Budget and the monetary policy…
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Reliance To Cover Covid-19 Vaccination Costs For Employees, Families
Billionaire Mukesh Ambani’s Reliance Industries Ltd. will bear the cost of vaccinating its employees and their immediate family, totaling an…
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Microsoft’s $10 Billion Pentagon Deal at Risk Amid Amazon Fight
(Bloomberg) — Microsoft Corp. is in danger of losing a contract to provide $10 billion of cloud computing services to…
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Russia’s Hot IPO Is an $8 Billion Bet On Frugality
(Bloomberg Opinion) — There are few more eloquent expressions of faltering Russian living standards than the rise and rise of…
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What You Don’t Remember About the Taper Tantrum
(Bloomberg Opinion) — The jump in global bond yields this past month has drawn many analogies to the so-called taper tantrum of 2013,…
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Biden Stimulus Faces Lengthy Final Gauntlet of Senate Votes
(Bloomberg) — Senate Democrats face a gauntlet of Republican attempts to rein in President Joe Biden’s $1.9 trillion stimulus package…
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Two-Wheeler Retail Sales Fall For Fourth Straight Month
Sales of two-wheelers at dealerships stayed below the pre-pandemic level as registrations fell for the fourth straight month amid waning…
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Morgan Stanley Upgrades Mindtree, Cyient Even As It Remains Selective On Mid-Cap IT
Morgan Stanley chose to remain selective on mid-sized technology companies as the global investment bank assesses feasibility of growth estimates…
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Cognizant Announces Bonus, Promotions For Employees
IT services major Cognizant on Thursday said it is offering bonuses that are “substantially higher than 2019” and has promoted…
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Wipro’s Acquisition Of Capco – A Bold Move: IDBI Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Luokung Sues To Get Off Trump Blacklist of Chinese Companies
(Bloomberg) — Luokung Technology Corp. asked a U.S. court to reverse its last-minute inclusion by the Trump administration on a…
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IRCTC Analyst Meet Update – Conversion Delta In Ticketing At Play: Prabhudas Lilladher
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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True To His Name; Thierry Closes Wipro’s Largest Acquisition: Dolat Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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TVS Motor Inching Closer To Double Digit Margin: Centrum Broking
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Analysts’ Take On Wipro’s Acquisition Of Capco
Analysts see a successful completion of Wipro Ltd.’s acquisition of Capco as key to aid the software services provider’s U.S.…
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CCL Products – Vietnam To Drive Growth In The Medium Term: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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A Year After Yes Bank Rescue, Cases Against Co-Founder Rana Kapoor Build
What Is Kapoor Being Accused Of? At present, there are four parallel cases running against Kapoor. The DHFL Case The…
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OPEC+ To Extend Oil Production Cuts Till April: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Rupee And Bond Update – March 05, 2021: Reliance Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Coronavirus India Update: Over 17,000 New Cases; Serum Institute Warns Of Delays
Fresh Covid-19 cases in India continued to rise at a time the country rolled out one of the world’s largest…
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India’s Top-20 Leviathans’ Awe-Inspiring Dominance
Superior Access To Talent And Tech The rising role of technology in driving not just business efficiencies, but also in…
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Markets Live: SGX Nifty Indicates Losses; Wipro, Heranba, IRCTC In Focus
Good Morning! Indian equities snapped a three-day winning streak on Thursday on account of expiry related volatility and weak global…
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Sectors That Saw Foreign Inflows And Outflows In February
Overseas investors remained net buyers in Indian equities for the fifth straight month, helping benchmark indices scale new records after…
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Tokyo Extends Emergency; Australia Doses Blocked: Virus Update
(Bloomberg) — Japan recommended extending its virus state of emergency by two weeks for the Tokyo region set to expire…
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I Wrote a Book on Chinese History. It Was Stolen By Pirates on Alibaba
(Bloomberg Opinion) — I’m a victim of Chinese pirates. Not the seafaring cutthroats with parrots on their shoulders. The treasure…
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The Future of Money Is Digital, But Is It Bitcoin?
(Bloomberg Opinion) — The idea that much of today’s cash use will shift to digital tokens is neither faddish nor outlandish, as…
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Saudis Bet ‘Drill, Baby, Drill’ Is Over in Push for Pricier Oil
(Bloomberg) — Saudi Arabia just made a high-stakes wager that the glory days of U.S. shale, which transformed the global…
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UN Security Council Warned of Dire Crisis in Ethiopia’s Tigray
(Bloomberg) — The humanitarian crisis in Ethiopia’s Tigray region continues to deteriorate with the risk of famine and escalating violence…
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Tokyo to Extend Emergency; NYC Gets J&J Shots: Virus Update
(Bloomberg) — New York City has received its first delivery of the one-shot Johnson & Johnson vaccine, Mayor Bill de…
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