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Bloomberg warns Pakistan of economic default amid no IMF deal

ISLAMABAD: US-based financial news service, Bloomberg has warned Pakistan of an economic default if the country did not avail International Monetary Fund (IMF) deal,...

Bloomberg dismisses Pakistan’s default fears, warns of economic hardship

ISLAMABAD: US-based financial news service, Bloomberg has dismissed reports speculating that Pakistan was heading towards default, warning of economic hardship in near future, ARY...

Bloomberg loses appeal in landmark UK privacy case

LONDON: Britain's Supreme Court dismissed an appeal by Bloomberg on Wednesday as judges ruled that a person under criminal investigation has in general a...

Pakistan’s textile exports to hit new heights as regional orders divert: report

ISLAMABAD: Pakistan’s textile exports are expected to hit new heights after orders from regional competitors, Indian and Bangladesh, are being diverted to the country...

Can’t withdraw emerging market stimulus, Reza Baqir says on policy rate

"It is more dangerous to withdraw stimulus too soon than too late," he said of the mutating virus situation that "ravaged" emerging markets

Better Covid-19 strategy helped Pakistan boost exports during pandemic: Bloomberg

The country saw total shipments grow 7pc in September, compared with New Delhi’s per cent and Dhaka’s 3.5 per cent, according to a report.

Twitter suspends 70 pro-Bloomberg accounts for breaking rules

Some of the accounts are now banned while others can be re-authorized once the users behind them verify they are in control, Twitter said. 

Bloomberg calls for Trump defeat, takes new step towards 2020 run

Billionaire businessman Michael Bloomberg called Tuesday for President Donald Trump's defeat in 2020 as he took a new formal step.

Huawei first-half revenue up about 30% despite US ban

Huawei Technologies' revenue grew roughly 30% in the first half after select teams secured critical supplies to keep production going despite U.S. technology export restrictions

Modi tempted to inflame militant nationalism ahead of polls: Bloomberg

Risk is heightened not by India’s strength but by its weakness, which arises from the country’s political and sectarian divides

Uber in talks to buy Dubai riding-hailing rival Careem

Ride-hailing company Uber is in talks to buy Dubai-based rival Careem for about $2 billion to $2.5 billion, Bloomberg reported here on Monday, citing...

US launches criminal probe into bitcoin price manipulation: Bloomberg

WASHINGTON: The US Department of Justice has launched a criminal probe into whether traders are manipulating the price of bitcoin and other digital currencies,...

Apple disputes Bloomberg report that it reduced Face ID accuracy

Apple disputed a report by Bloomberg News on Wednesday that it recently allowed suppliers to reduce the accuracy of the iPhone X’s facial recognition...

Qualcomm files lawsuits to ban iPhones: Bloomberg

Qualcomm filed lawsuits in China, seeking to halt the manufacture and sale of Apple's iPhones in the country, Bloomberg reported on Friday. Qualcomm filed the...

Apple to launch watches that can make calls: Bloomberg

Apple plans to release a version of its smartwatch later this year that can connect directly to cellular networks, Bloomberg reported on Friday, citing...

Bloomberg terms Pakistan’s economic growth ‘pleasant surprise’

NEW YORK: An article published in a major American business magazine has called the economic growth in Pakistan is a pleasant surprise. According to the article...

Saudi plans up to $17.5 bn in first bond issue: Bloomberg

RIYADH: Saudi Arabia plans to raise up to $17.5 billion from its first international bond issue, Bloomberg News reported on Wednesday, as analysts expect...

Pfizer nears agreement to buy Medivation for $14 bn

NEW YORK, UNITED STATES: US pharmaceutical giant Pfizer is nearing a deal to buy US biotech firm Medivation, which specialises in cancer treatments, for nearly $14 billion, US media reported.

Ride-share battle ends with Didi buying Uber China operations

BEIJING, CHINA: Chinese ride-sharing giant Didi Chuxing will take over the China operations of its US rival Uber, it said Monday, ending a ferocious battle for market share that cost both firms billions.

Verizon to announce $5 billion deal to buy Yahoo today

Verizon Communications Inc (VZ.N) will announce an agreement on Monday to buy Yahoo Inc (YHOO.O) for about $5 billion, according to a person familiar with the matter.
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