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Friday, November 21, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Mahindra loses trade case filed by Fiat Chrysler for ‘copying’ Jeep model

The International Trade Commission upheld a judge’s finding that Mahindra’s off-road vehicle Roxor is a copy of the iconic Jeep Wrangler.

Covid shows India needs economic model focused on people at bottom of pyramid, report says

India needs to reorient its economic structure to make it much more people-centric & inclusive, think-tanks CEEW and NIPFP say in a report.

Trump defies alarm over second wave of Covid-19 with trip to push reopening of America

The trip to Dallas is intended to underscore Trump’s commitment to reopening the nation as soon as possible in a bid to get the economy back on track.

European Union to ease international travel ban from 1 July

Europe is trying to revive domestic economies as the summer tourist season gets underway while guarding against a second wave of infections.

World’s coastlines to suffer more as scientists say global warming will trigger bigger waves

Extreme waves could increase in regularity and size by as much as 10% in extensive ocean regions such as New Zealand’s west coast, Tasmania and parts of Canada.

Indians are shopping only for essentials even though economy is reopening

Consumption, which accounts for 60% of the economy, has been the driver of growth during previous stress periods, but a survey shows consumers are no longer confident.

India’s credit crisis fuels woes at weaker firms amid Covid crunch

The importance of liquidity was dramatically illustrated to local bond investors when Franklin India abruptly shut 6 funds in the biggest-ever forced closure in the nation.

Can Starbucks be Starbucks with social distancing? We’ll adapt, says CEO

Starbucks plans to rollout its “pickup” store concept, smaller-format stores without the usual tables and chairs that made the chain a popular place to sit, work and socialise.

English soccer clubs face $1.3 billion hit from coronavirus shutdown

Empty stadiums and lingering safety fears, coupled with three months of no live soccer is expected to weigh heavily on the revenues of football clubs this year.

‘Too early to judge’ – Boris Johnson clashes on TV with own scientists over Covid failures

UK's Chief Medical Officer Chris Whitty appeared to call Johnson out on a long list of potentially flawed decisions at a widely-watched daily news conference Wednesday.

On Camera

Trump’s 28 points for Ukraine add up to a no-go at peace

Two questions are pertinent: Why does the Trump administration keep making the same mistakes on the peace proposal? And what does a hurried peace plan mean on the ground?

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, IAF confirms pilot’s death

This is the second such incident after a Light Combat Aircraft (LCA) Tejas had crashed into a hostel on the outskirts of Jaisalmer in March last year.

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.