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Saturday, November 22, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Trump faces more defections by Republicans as Colin Powell also bolts

Powell joins a number of prominent retired military officials and current and former lawmakers to criticise Trump, although not all have said they’ll vote Biden.

Singapore’s future won’t look like the one before coronavirus

PM Lee Hsien Loong warned that countries will have less stake in each other’s well being and fight more over how the pie is shared, making it a less prosperous world.

Big pharma is looking beyond coronavirus with AstraZeneca eyeing merger with Gilead

The suggestion of a blockbuster merger between the two drugmakers is a sign that the industry is getting back to something resembling business as usual.

NYT opinion editor resigns after furore over ‘Send in the troops’ op-ed

The NYT said the op-ed by Republican Senator Tom Cotton, which denounced 'nihilist criminals' for exploiting George Floyd’s death, didn’t meet its standards.

Trump’s latest blow threatens to hit Huawei where it hurts

Trump’s ban on sale of silicon made with US know-how strikes at heart of Huawei’s aspirations in fields from artificial intelligence to mobile services.

New Zealand eliminates coronavirus as active cases touch zero

New Zealand is one of the few countries in the world to have successfully eradicated the pathogen, and the first among those that suffered a sizable outbreak.

Why Sri Lanka’s economy faces a painful ‘reset’ in the coming months

Sri Lanka is locked in talks with IMF for emergency-financing aid, after its second longer-term programme with the fund in less than a decade expired.

The office isn’t dead. It is just recovering from the pandemic

We need our workplaces, even if the pandemic has shown how effectively many of us can function from home.

Disinvestment in oil PSUs expected to attract global majors who are wary of China

India has opportunity to draw investments & push PSUs like BPCL to investors as some countries seek to counter China’s ‘growing threat to global trade’.

Indian banks need capital, stronger balance sheets to take on Covid crisis, Uday Kotak says

Legacy of bad loans, NBFC implosion & historic bailout have left banks weakened coming into lockdown, which has stalled economy & led to surge in unemployment.

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.