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Sunday, August 10, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Europe is better than US at talking with India

Both Europe & India aspire to 'strategic autonomy' — to be free of the constraints of economic dependence on China but also capable of action without US support or leadership.

Methane is a big climate problem that Bitcoin can help solve

Crusoe, a startup, has built mobile data centers that are placed onto oilfield sites where flaring takes place. It is able to use the excess gas in a process it calls digital flare mitigation.

India’s energy crisis has power giant rushing back to coal

State-run NTPC will this month award a contract to construct a 1,320-megawatt plant in Odisha as several states across India are suffering prolonged blackouts amid scorching heat waves.

New Omicron sub-lineages likely to evade vaccines, natural immunity

The BA.4 and BA.5 sub-lineages appear to be more infectious than the earlier BA.2 lineage, which itself was more infectious than the original Omicron variant.

India endures severe heat waves — The only reason is global warming

The life-threatening, extreme temperatures have caused hours-long power blackouts and put millions of people at risk. Thermometer readings have already reached 46°C in some regions.

Oil heads for longest run of fifth monthly gain since early 2018

West Texas Intermediate futures climbed to trade near $106 a barrel Friday and are almost 6% higher in April.

Elon Musk sells $4 billion worth Tesla shares, pledges no more sales

As Wall Street analysts & Tesla investors had suspected, Musk offloaded 4.4 million shares on 26 April & 27 April to cover the $21 billion equity portion that he’s personally guaranteed.

Netflix fires employees in restructuring of company’s marketing department

A week after its disappointing subscriber growth, Netflix Inc. fired a number of employees working at Tudum, a website that promotes movies and TV shows on the streaming service.

How a powerful dynasty bankrupted Sri Lanka in 30 months

Sri Lanka collected relatively less revenue than nearly any other country, and its high debt load had forced it to seek cash from the International Monetary Fund.

Kim Jong Un appears to lower his guardrails for a nuclear strike

North Korean leader signaled a looser policy toward his possible use of atomic weapons at a military parade in Pyongyang aired on state television Tuesday.

On Camera

There’s a method in Trump’s Pakistan romance. It’s all about Gulf security

Like Turkey and Egypt, Pakistan is one of a handful of powers with the human resources and infrastructure to help secure the Persian Gulf as Trump’s America draws down its military presence.

Go Swadeshi—RSS affiliate SJM calls for boycott of US firms Amazon, Walmart after Trump’s tariff hike

New Delhi: The day after the US imposed a 50 percent trade tariff on India, RSS affiliate Swadeshi Jagran Manch (SJM) has made an...

Legacy of Air Chief Marshal LM Katre, the man who flew Spitfires & ushered IAF into a modern era

ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.