The United States does not appear on this list of the top five countries in the world for working parents.

There should be as much support as possible for working parents. It's provided to varying degrees of quality by different nations. According to a new report from Bloomberg, which compares countries based on the quality and cost of child care for working parents, Iceland ranks among the best i...

An equal amount of money has been put into fossil fuels and green energy.

According to a research released on Tuesday, investment in cleaner energy has surpassed $1 trillion for the first time ever, putting it on the cusp of surpassing spending on fossil fuels for the first time ever. Despite this achievement, Bloomberg NEF finds that investment in energy transition te...

Thailand Ranked 26th on Covid Resilience Ranking

This month’s Bloomberg Covid Resilience Ranking has placed Thailand at 26th out of the 53 countries on its list. The country’s Prime Minister Prayut Chan-o-cha has expressed his satisfaction over the ranking that has placed Thailand in the middle of the pack as compared to the much lo...

MACKENZIE SCOTT GIVES AWAY MORE THAN $4 BILLION IN 4 MONTHS

Highlights

• According to the Bloomberg Billionaires Index, the wealth of Mackenzie Scott surged $23.6 billion this year to $60.7 billion courtesy of Amazon's stock going up

• Scott in her latest blog post said she had asked her team to figure out how to give awa...

CHINA ARRESTS BLOOMBERG JOURNO ON ALLEGED TAMPERING WITH NATIONAL SECURITY

• A journalist  employed with Bloomberg News in Beijing has been arrested on suspicion of thwarting national security, authorities in the Chinese capital said.
• Bloomberg confirmed the vanishing of the employee, Haze Fan, in a breaking news article.

A spokes...

NOT BILL GATES, BUT ELON MUSK IS THE SECOND RICHEST MAN ON THE PLANET

Highlights

• The net worth of Musk jumped $7.2 billion on Monday to $127.9 courtesy of yet another surge in price of Tesla’s shares

• Musk's advancement in terms of wealth is majorly driven by Tesla, whose market value is speedily inching towards the $500 b...

U.S. ECONOMY ADDED 638,000 JOBS IN OCTOBER

Highlights

• Despite rise in the coronavirus cases, the US labor market managed to add 638,000 jobs in the month of October beating forecasts

• Meanwhile the U.S. unemployment rate went down to 6.9 percent from 7.9 percent and currently stands at roughly half of the ...

$44 BILLION: THE AMOUNT LOST BY WORLD’S TOP TECH TYCOONS ON THURSDAY

September 3, 2020 was one of the worst trading day in last few months and this has immensely affected the wealth of the world’s top 10 tech billionaires. Courtesy of disastrous trading, these world’s top tech tycoons lost nearly $44 billion.
Despite COVID-19 pandemic and econom...

MUKESH AMBANI: THE NEW 4TH RICHEST MAN IN THE WORLD

Highlights

• Mukesh Ambani displaced France's Bernard Arnault, the Chairman, Chief Executive of LVMH Moet Hennesy-Louis Vuitton SE

• As per the Bloomberg Billionaires Index, the net worth of Mukesh Ambani is $80.6 billion

• The net worth of Mukesh ...

NOT LARRY PAGE BUT MUKESH AMBANI IS THE 6TH RICHEST MAN IN THE WORLD

Highlights

• According to the Bloomberg Billionaires Index, the real-time net worth of Mukesh Ambani is $72.4 billion.

• The flurry of investments witnessed by Reliance Jio Platforms has immensely benefited the wealth of Mukesh Ambani as owns stake of 42 percent in R...

ASIA’S RICHEST MAN MUKESH AMBANI IS NOW OFFICIALLY RICHER THAN WARREN BUFFETT

Highlights

• According to the latest Bloomberg Billionaires Index, the head honcho of Reliance Industries Limited is now worth $68.3 billion, while the 89-year old Warren Buffett is worth $67.9 billion

• Warren Buffett, the man also known as the Oracle of Omaha had r...

MUKESH AMBANI'S RIL IS THE FIRST INDIAN COMPANY TO HAVE MARKET VALUATION OF $150 BILLION

Highlights

• In Indian currency, the valuation of Reliance is more than Rs 11 lakh crore

• The stocks of RIL have been heavily boosted by the announcement of RIL becoming net-debt free and Mukesh Ambani jumping to the ninth spot in the list of World’s top 10 ri...

ASIA’S RICHEST MAN MUKESH AMBANI IN THE LIST OF WORLD’S 10 RICHEST

Highlights

• Mukesh Ambani went past Oracle Corporation's Larry Ellison and France’s Francoise Bettencourt Meyer to claim the No. 9 spot

• At present, Mukesh Ambani's net worth stands at $64.5 billion

• The investment spree witnessed by R...

GERMANY RANKS FIRST IN THE BLOOMBERG INNOVATION INDEX FOR 2020

In the 2020 Bloomberg Innovation Index, Germany stood in the first place. It broke South Korea's six-year winning streak.

The annual Bloomberg Innovation Index is in its eighth year. This year, analysis was based on seven metrics. There were dozens of criteria under these metrics. I...

Billionaire Michael Bloomberg (D) spent more than $155 million on political campaigning on television

Billionaire Michael Bloomberg (D) spent more than $155 million on political campaigning on television in 2019 –millions more than Tom Steyer (D), according to Ads Analytics data.

Since making a late entrance into the 2020 campaign and launching a multi-million dollar promotio...

Will Apple be making use of satellite for sending online content to Apple devices?

In the coming five years, users of iPad, as well as, the iPhone may able to receive online content on their phones directly by means of a satellite and sidestep their wireless carrier. As reported by Bloomberg, the firm has a secret team that constitutes twelve engineers who, at present, are work...

Federal Reserve say more than 1,500 bank branches shut down between 2012 and 2017

According to a study from Bloomberg, financial institutions have left American smaller towns in large numbers over the past decade, creating a significant economic obstacle in the communities they serve.

According to a recent report from the Federal Reserve, more than 1,500 bank branche...

The report this week that a phase-one trade agreement is a boost for commodities

With gains in all industries, the Bloomberg Commodity Index was 2.2 percent above weekly. After both countries have signed the agreement, the Chinese have agreed to buy more US agricultural goods, while some existing customs tariffs would be reduced. Besides metals, coffee softs have increased th...

The US market the main target for Vietnam’s VinFast

VIETNAMESE Auto Startup VinFast plans to invest in the lucrative United States automotive industry up to US$ 2 billion. The richest man and billionaire in Vietnam, Pham Nhat Vuong, who manages the new automaker, wants to export electric vehicles in 2021 to the United States so much that he uses h...

Nintendo's Switch Longevity To Be Tested

Bloomberg's analyst estimates that Nintendo will presumably sell 9.46 million units of Switch hardware and 64.73 million units of software during the holiday season and the quarter-end in December. Although the numbers are only a slight improvement from last year, Nintendo gains most of its p...