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The Shanti Nagar police station in Thane registered the FIR. It names 10 accused, including senior officials and employees associated with Reliance Consumer Products, Reliance Retail, Blinkit, and Zomato Hyperpure, as well as disposal agency operators and local suppliers.
Ray Blanchette, CEO of TGI Fridays, says the restaurant aims to stand out in casual dining through value, quality food and attentive service. He identifies food, service and atmosphere as the priorities for attracting customers, with a renewed focus on scratch cooking and bringing energy back to the business. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
Oaktree Capital Management’s agreement to take over a life insurer owned by Advantage Capital Holdings has collapsed, leaving the companies to discuss alternatives after regulators raised alarms over the business’s potential exposure to defunct investment firm 777 Partners.
Shigehisa Takada, the former chief executive officer of Takata Corp., the Japanese airbag maker that collapsed into bankruptcy following the largest recall in automotive history, has died. He was 60.
Porsche AG unveiled a concept previewing a new supercar, the Mission S, that will be positioned above the 911 in its lineup. Speaking with Matt Miller on "Bloomberg The Close," Porsche CEO Michael Leiters discusses the new supercar and also comments on the state of the China market, the future of electric vehicles and the German automaker's storied legacy. (Source: Bloomberg)
Hain Celestial Group Inc. is weighing a possible Chapter 11 bankruptcy filing, according to people familiar with the matter, as it contends with a high debt burden and weakening demand for its natural and organic foods.
ADP Chief Economist and ESG Officer Nela Richardson says the US has a lopsided economy. She says new data shows inflation is running hot while paychecks are not keeping up. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)
GTCR and Elliott Investment Management are acquiring car-insurance software provider CCC Intelligent Solutions Holdings Inc. for about $4.6 billion.
Zimbabwe’s ruling party gave Kudakwashe Tagwirei, a wealthy businessman sanctioned for alleged corruption by the US, a key economic role days after he landed a position as a cabinet minister.
Revamped CTF Media and Entertainment, which holds one of Hong Kong’s three free-to-air television licences, plans to expand its focus beyond TV programmes and broadband to entertainment and the sports economy as its traditional businesses stagnate. Revealing the new logo of the company previously known as i-Cable Communications, CEO and executive director Ivy Wong Nga-fan listed its five core areas going forward: event organisation and investment; celebrity merchandising and e-commerce;...
Three weeks into his tenure as Anhui provincial party secretary, Li Lecheng carried out an on-site inspection at China’s home-grown memory chip giant ChangXin Memory Technologies (CXMT) on Wednesday, pledging to grow integrated circuits (ICs) as an emerging pillar industry. During the visit to the company’s headquarters in the provincial capital Hefei, Li urged CXMT to further refine its product portfolio and actively expand into domestic and overseas markets. He emphasised home-grown...
Amid Hong Kong’s commercial property downturn, British conglomerate Jardine Matheson has sold a street shop in Causeway Bay for HK$80 million (US$10.2 million) after holding it for more than 50 years, accepting a price HK$10 million below its earlier valuation. The property, a ground-floor shop in H&S Building at 36 Leighton Road, with a gross floor area of about 11,727 square feet, was acquired by Uni Investment Development, according to Land Registry records. Jardine Matheson appointed an...
A repórter Rachel Gamarski conta sobre como a elite empresarial busca aproximação com Flávio Bolsonaro. Com produção de Gisele Fernandes e edição de Patricia Xavier (Source: Bloomberg)
Chief Minister Suvendu Adhikari laid the foundation of ₹6,000 crore phenol and acetone plant at Haldia
The operator of Hong Kong’s flagship San Tin Technopole has pledged to offer affordable land to attract tenants, while revealing plans to reclaim and redevelop fish ponds near the Shenzhen border to accommodate a client requiring substantial premises. Sunny Chai Ngai-chiu, chairman of San Tin Technopole Company Limited, the government-owned entity overseeing the technology cluster next to the mainland Chinese border, said on Wednesday that he would follow the land-grant approach used for the...
Tokyo, Oct. 14 (Jiji Press)--The Japanese Olympic Committee is trying to make a transition to a new form of management that can generate revenues and values, not just supporting national team athletes and sports organizations. Looking to the 2028 Summer Olympics in Los Angeles and beyond, the committee is recruiting experts in the private sector with knowledge on finances, business planning...
NOTA Inc. is planning an initial public offering in Tokyo as soon as December, according to people familiar with the matter, setting up what could be one of the larger deals in a down year for Japanese debuts.
As investors reassess private credit, New Mountain Capital’s Laura Holson says direct lending is offering attractive opportunities with wider spreads and improved lender protections. She joins Bloomberg Open Interest to explain why higher rates can benefit floating-rate investments, what risks borrowers face, and why her firm favors defensive-growth sectors such as industrial automation and animal health. (Source: Bloomberg)
Billionaire Kumar Mangalam Birla said multiple global crises have made investment decisions tougher for his metals-to-retail empire that generates over a third of its business overseas.
A sharp sell-off in Asian memory chip stocks this week signals growing investor doubts over whether the sector’s AI-driven profit boom can last, even as soaring prices drive strong quarterly earnings across the sector. Shares in market leaders Samsung Electronics and SK Hynix plunged in Seoul on Tuesday, extending a days-long slide that has also swept up Chinese rival ChangXin Memory Technologies (CXMT). Samsung and SK Hynix closed down 7.4 per cent and 10.1 per cent, respectively. The companies...
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Mohamed Kande, PwC Global Chairman; Noubar Afeyan, Moderna Co-founder & Chairman and Flagship Pioneering Founder & CEO; Kiran Mazumdar-Shaw, Biocon Executive Chairperson & Founder; Connor Teskey, Brookfield Asset Management CEO (Source: Bloomberg)
Michael R. Bloomberg, Founder, Bloomberg L.P. & Bloomberg Philanthropies welcome delegates to the 2026 Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)
Hong Kong travel agencies and border shops have capitalised on the opening of the revamped Huanggang Port as thousands of visitors poured through the control point, with special tours on offer and shopkeepers reporting brisk business. Agents said the port’s 24-hour joint clearance arrangements could give cross-border tourism a major boost, although crowd control measures dampened trade at the checkpoint entrance. Tour groups organised by Hong Kong travel agency Big Line Holiday were among the...