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Sunday, March 1, 2026
TopicBloomberg wire

Topic: Bloomberg wire

OpenAI to deploy AI in Pentagon’s classified network after Anthropic ouster

Sam Altman said OpenAI’s Pentagon deal bars mass surveillance and mandates human control over force. Hours earlier, the US declared Anthropic a ‘supply-chain risk’.

China rejects US nuclear test claims, accuses Washington of fuelling instability

Beijing said it follows a no-first-use policy and keeps nuclear forces at a minimum level, after Washington alleged expansion and flagged a 2.75-magnitude seismic event in 2020.

Crypto tumbles after US, Israel launch attacks on Iran

Bitcoin dropped as much as 3.8% to $63,038, while Ether, the second-largest token, slid 4.5% to $1,835. Roughly $128 billion in market value was erased across digital assets.

Argentina Senate clears President Milei’s landmark labour reform after key concessions

The reforms make it cheaper to hire and fire, shift wage bargaining to firms, limit severance claims, curb labour lawsuits, and set up a mandatory employer fund for payouts.

OPEC+ to weigh bigger output hike after Israel, US strike Iran

Led by Saudi Arabia and Russia, the group was set to resume modest output hikes from April after a three-month freeze. In Q4, it added 137,000 barrels a day each month.

Bolivian military plane carrying central bank cash crashes near El Alto, over 10 dead

The crash was followed by unrest at the scene as dozens of people attempted to seize banknotes scattered across the area, clashing with security forces.

The many woes of Keir Starmer are mainly self-inflicted

A Politico poll finds 52% want Starmer to quit over Epstein-linked Mandelson’s appointment and arrest. Slow growth, high taxes and strained services add to doubts about his leadership.

New GDP series may lift FY growth to 7.6%, above govt’s 7.4% estimate

New Delhi remains optimistic on growth this year and next. A recent US trade deal may lift estimates, but uncertainty looms after the US Supreme Court struck down Trump’s tariffs.

Jack Dorsey’s Block slashes 4,000 roles in AI-driven overhaul

After the announcement, Block’s stock jumped up to 27% in extended trade. The layoffs add to fintech and tech cuts, with firms from Amazon to Salesforce citing AI to trim staff.

AI to disrupt India’s software sector but ‘doomsday fears’ overstated, says Raghuram Rajan

The ex-RBI governor, in an interview, said many firms globally have yet to implement AI at scale, leaving opportunities for the Indian software firms. The transition will be gradual and a large scale displacement is unlikely.

On Camera

Forget Kejriwal. Think of what our institutions are doing to enable authoritarianism

This decision is so damaging to the government that efforts will be made to ensure that it does not stand. The prosecution has said that it will file an appeal in the high court.

Crypto tumbles after US, Israel launch attacks on Iran

Bitcoin dropped as much as 3.8% to $63,038, while Ether, the second-largest token, slid 4.5% to $1,835. Roughly $128 billion in market value was erased across digital assets.

India has ordered more Polish drones, Indian firm keen to set up munitions factory in Poland—Warsaw’s envoy

New Delhi: India is right to pursue and strike terrorists where they are, as during Op Sindoor, Poland’s Ambassador to India Dr Piotr Antoni...

Pakistan is fighting a two-front war. I saw it coming 15 yrs ago

The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal.