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Monday, January 12, 2026
TopicBloomberg wire

Topic: Bloomberg wire

Not the first time OpenAI declared ‘Code Red’, top executive reveals

The San Francisco-based startup’s leadership has made the same declaration previously, explicitly instructing employees to drop lower-priority tasks and concentrate on a single goal, said OpenAI Chief Research Officer Mark Chen.

US deputy attorney defends removal of images from Epstein files, says ‘nothing to do with Trump’

Todd Blanche, Trump’s former lawyer & now the Justice Department’s public face on the Epstein files, says he and Pam Bondi spoke with victims’ groups amid controversy over withheld material.

US in pursuit of third oil tanker as Trump’s Venezuela blockade intensifies

The Bella 1 tanker, a Panamanian-flagged vessel sanctioned by the US, is being pursued and is flying under a false flag, a US official said.

India’s financial reforms target a wave of foreign money

Up to 100% foreign ownership of insurance firms, and overhauled rules for banks, pension funds and capital markets aim to shift savings from idle assets toward equities, bonds and long-term investments.

Why India fell off the global middle-class map

A stunted middle class may be a direct result of extreme inequality. Folks at the top don’t see teeming masses as a meaningful market, except for utilities, soap, short videos, and personal loans.

To celebrate US’s 250th anniversary, Trump plans ‘Patriot Games’, a parade & a fair

The capstone event will be Independence Day, where events include a “major” Trump address, and a military flyover.

In Indonesia, flooding brought with it waves of timber logs

The disaster exposed how logging reshaped floodplains that are home to tens of millions of people. Sumatra is a major hub for palm oil, mining, timber and oil and gas.

Tata and Infosys to bear brunt of Trump’s $100,000 H-1B visa fee

Almost 90% of new H-1B hires at Tata, Infosys and Cognizant between May 2020 and May 2024 were approved at US consulates.

In a first-of-its-kind attack, underwater drones hit Russian submarine: Ukraine

The drones, known as “sub-sea baby”, struck the Kilo-class submarine in the Black Sea port of Novorossiysk, the Security Service of Ukraine said. Russia denied the claim.

A city without water is a harbinger of a thirsty planet

Cape Town and Chennai in recent years endured punishing droughts. Similar conditions afflicted Bengaluru and Hyderabad last year. Now Tehran is facing the same emergency.

On Camera

Poker face: How AI is beating humans at our own games

New paper applies cutting-edge AI technique to the game of Liar’s Poker, testing it against some of the best human players who are also successful financial traders.

Grounded no more: Andhra govt revives no-frills Dagadarthi airport near Nellore to boost south coast link

As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.

Oreshnik, ATACMS & Storm Shadow: All about the missiles Russia and Ukraine are firing

Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.

Thank you Donald Trump, again. India now has reason to shed fear of trade deals and risky reform

UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.