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Saturday, November 8, 2025
TopicBloomberg wire

Topic: Bloomberg wire

After OpenAI deal, Microsoft will pursue ‘superintelligence’

Companies are increasingly focusing on superintelligence as the new goalpost for AI development.

How would India, other trading partners react if US top court rules against Trump tariffs?

Officials in India say a US Supreme Court ruling against Trump won’t make much difference to trade talks, but it could strengthen New Delhi’s case for sticking to its position.

Tech titans flying into Lisbon have a parking problem – for their private jets

Organisers of next week’s Web Summit in Lisbon have advised speakers there will be a shortage of slots at the nearby airport, which is struggling to manage the volume of incoming aircraft.

How will Australia’s social media ban for kids under 16 actually work?

The plan has split opinion. It has raised privacy concerns among critics, who warn the ban could be unenforceable. Those in favour say it’s a necessary step to curb online harm.

Mamdani, Spanberger & Sherrill: Democratic victories give party a roadmap for beating Trump

The success of Democratic candidates in New York, Virginia and New Jersey show how the party can rally around pocketbook issues like grocery and housing prices and a rejection of Trump’s less popular policies.

Cheap foreign supply is threatening India’s own steel industry

About 150 mills have stopped operations, while another 50 have reduced output as local steel prices hover near five-year lows. Almost half of India’s steel output flows from smaller units

India may cancel green projects struggling to find clients

While the move could free up grid capacity struggling to keep up with rapid renewable rollout, it would be a major setback for green ambitions. India aims to double clean power capacity to 500 gigawatts by the end of the decade.

US federal agent tells court sandwich ‘exploded’ in viral DC incident

Asked if the impact of a sub thrown at the agent was enough to warrant a federal charge, CBP Agent Gregory Lairmore said he could feel its “impact through his bulletproof” vest.

Amazon’s 14k layoffs worldwide show how AI is coming for India

As the economy struggles to move from lower-middle to higher-middle income, AI is threatening its biggest advantage: the youth bulge it enjoys against other countries that are rapidly aging.

Nvidia worth $5 trillion: What does it mean for the market?

The chipmaker at the heart of the AI revolution may be the most influential stock in Wall Street history. Nvidia has been the primary driver of the market’s gains since the start of 2023.

On Camera

Population causes poverty is the devil’s philosophy. It causes prosperity: Sauvik Chakraverti

Crowded cities are rich because there is greater division of labour. The extent of the division of labour depends on the size of the market, wrote Sauvik Chakraverti in 2002.

Asia’s ‘weakest’ link: Yunus on a tightrope as Bangladesh tries to fix banks without breaking economy

With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.