[ad_1] Activision Blizzard reported earnings today that exceeded expectations as the company saw an increase in its games because people are staying indoors due to the pandemic. The major video game publisher said that both Call of Duty: Warzone, a new battle royale mode for Call of Duty: Modern Warfare …
Read More »India Considers Rs 25 Billion Savings By Storing Cheap Oil On Ships | India News
[ad_1] NEW DELHI: India is trying to save Rs 25bn on its crude oil import bill by storing cheap oil in ships for future use, allowing the government to have fiscal leeway to spend on more welfare measures needed in their fight against the coronavirus pandemic. “Our oil companies have …
Read More »Warren Buffett: Buffett’s Berkshire Takes $ 69 Billion Hit on Stock Portfolio in First Quarter, Transfers Money to Treasuries
[ad_1] NEW DELHI: Legendary investor Warren Buffett, led by Berkshire Hathaway, bled badly in the March quarter thanks to a massive blow from the coronavirus crisis, and the company transferred some money from the stock to the safety of American treasures. The Omaha-based company reported a huge loss of $ …
Read More »Govt to limit aid package to $ 60 billion to protect credit rating: report
[ad_1] The Indian government is likely to limit its total spending on coronavirus-related relief to around Rs 4.5 trillion ($ 60 billion), due to concerns that overspending could trigger a downgrade of the sovereign rating, two said senior government officials. “We have to be cautious as the downgrades have started …
Read More »Buks Berkshire Hathaway records $ 50 billion loss in coronavirus impact
[ad_1] Warren Buffett’s Berkshire Hathaway Inc is being hit by the coronavirus pandemic, posting a record quarterly net loss of nearly $ 50 billion on Saturday and saying performance is suffering in several major operating businesses. Berkshire said that the majority of its more than 90 businesses have faced “relatively …
Read More »Elon Musk wipes nearly $ 15 billion off Tesla’s valuation with his “price too high” Tweet
[ad_1] File photo of tech businessman Elon Musk The tweets recall Musk’s controversial tweets in August 2018 when he said he had “secured funds” for a quickly aborted campaign to make the electric car maker private. AFP Last update: May 2, 2020 8:43 AM IST Tesla boss, irascible and frank, …
Read More »India’s foreign exchange reserves drop $ 113 million to $ 479.45 billion: Report – business news
[ad_1] After increasing over the past few weeks, the country’s foreign exchange reserves decreased from $ 113 million to $ 479.45 billion in the week to April 24, due to a drop in foreign currency assets, according to the latest data from the Bank of the Reserve of India. In …
Read More »Dance of black holes | NASA Captures Two Dancing Black Holes That Combine To Create A Flare Brighter Than 1 Billion Stars
[ad_1] NASA captures two dancing black holes coming together & nbsp Key points The debris field is called an accretion disk and when the smallest black hole crashes into it Create an explosion of light that is brighter than 1 billion stars. About 3.5 billion light-years away, two black holes …
Read More »Services help Apple’s second-quarter revenue to $ 58.3 billion, despite Covid-19 pandemic
[ad_1] By: Tech Desk | New Delhi |Updated: May 1, 2020 7:36:49 am Despite the coronavirus pandemic, Apple was able to keep revenue stable. Apple said Thursday that its revenue reached $ 58.3 billion in the second quarter of 2020, the quarter that ended in March. The company said its …
Read More »PhonePe News: Flipkart puts Rs 1.3 billion rupees on PhonePe | India Business News
[ad_1] BENGALURU: PhonePe, the payments unit of the Flipkart group, received a capital injection of about Rs 1.3 billion from its parent entity Flipkart, based in Singapore, according to Paper.vc, a business intelligence firm. The capital infusion, which took place in two tranches, comes at a time when most companies …
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