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Friday, November 21, 2025
TopicBloomberg wire

Topic: Bloomberg wire

How Hong Kong’s rich are preparing for a worst-case scenario

Private bankers say their high-net-worth clients accelerated contingency planning efforts after China announced last month it would impose controversial national security laws on Hong Kong.

Kim’s sister says North Korean army ready for action on South Korea

The latest dust-up was triggered by South Korean activists who sent anti-Pyongyang messages in balloons across the border.

Coronavirus has made our cities less appealing. But moving out is easier said than done

Megacities in Asia won't disappear. However, the virus has shown the dangers of concentrating too much human capital in one physical location.

Panic in Beijing as new outbreak of coronavirus grows

The abrupt resurgence of cases in Beijing threatens to disrupt hard-won normalisation of life & business after China quelled its first epidemic months ago.

Global economy is set for a V-shape recovery, Morgan Stanley economists say

Predicting a ‘sharp but short’ recession, Morgan Stanley economists said they expect global GDP growth will recover to 3% by the first quarter of 2021.

Stuck at home, the world is eating less sugar

London: For years, governments, doctors and celebrity chefs tried and failed to get the world to consume less sugar. Then the pandemic hit. The global...

SBI seeks to recover $158 million from Anil Ambani

State Bank of India is seeking to recover more than $158 million under the personal guarantee clause of the bankruptcy law.

Mukesh Ambani adds TPG Capital to Jio backers with $600 million sale

Jio Platforms, with equity value of about $65 billion, has sold over 22% in stakes to buyers including Facebook Inc., KKR & Co., Silver Lake Partners and General Atlantic.

Dr Reddy’s signs deal with Gilead to register, manufacture and sell Remdesivir in India

The non-exclusive licensing agreement covers 127 countries, including India. Remdesivir is currently approved in the US for the emergency Covid treatment.

How the riots of the 1960s led to rise in militarisation of US Police

The first move to militarise police dates back to World War 2 when soldier-turned-LA police captain William Parker, who despised 'community policing', brought in reforms.

On Camera

India can face multi-front conflicts with hostile Dhaka. New Delhi missed chance to engage BNP

India's projects related to BIMSTEC, Look-East-Act-East and Indian Ocean Rim Association could suffer a setback, impacting trade with South Asia and the South-South Cooperation agenda.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Tejas fighter aircraft crashes at Dubai Air Show

The aircraft was undertaking a manoeuvre when it plummeted to the ground and burst into a ball of flame. Visuals suggest that the pilot was unable to eject.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.