Bloomberg Top News

Marquee Win, Olympics Entry Extends India Cricket Stocks Rally

Indian stocks that gain from cricket’s popularity in the South Asian nation extended their rally after the country’s win over Pakistan, with the announcement of the game’s inclusion in the 2028 Olympics delivering a double boost to consumer stocks.

TikTok Fights Back Over €345 Million Teen Privacy Fine in EU

TikTok, the Chinese-owned video—sharing platform, is fighting back in the courts after regulators in Europe slapped it with a €345 million ($363 million) data privacy fine and a compliance order for failing to take care of the private data of its teenage users.