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Saturday, November 22, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Gold sales in India unlikely to revive before September

Demand for gold had already slowed due to high prices before the pandemic struck. Jewellers are now waiting for the festival season for a boost.

IndiGo to add new Airbus jets to its fleet despite coronavirus uncertainty

IndiGo, the world’s biggest customer for Airbus SE’s best-selling A320neo jets, plans to return its entire fleet of 120 fuel-guzzling planes in the next 2 years.

Epidemiologist behind Sweden’s virus strategy admits mistakes after high death rate

At 43 deaths per 100,000, Sweden’s death rate is among the highest globally and exceeds that of Denmark and Norway, which imposed much tougher lockdowns.

Covid shows future powered by wind, solar energy is short on batteries

A drop in energy demand caused by the Covid crisis has left European grids overloaded with green electricity, underlining the need for storage in a low-carbon energy system.

Sensex climbs to 3-month high on hopes that ease in lockdown will reboot economy

The S&P BSE Sensex and the NSE Nifty 50 Index climbed 1.1% each to levels seen before the world’s toughest stay-at-home curbs were imposed late March.

Service sector in India picks up after recording world’s lowest reading in April

The main services index rose to 12.6 in May after April's 5.4, data published by IHS Markit showed. The services sector accounts for more than half of India’s economy.

Won’t change my mind about Trump’s ‘shooting’ post – Zuckerberg tells angry Facebook staff

CEO Mark Zuckerberg said Facebook is exploring whether it should change its policy or come up with other ways to flag violating posts besides taking them down entirely.

CNN has become the story itself, and its ratings are going through the roof

The arrests of CNN correspondent Omar Jimenez and his crew, captured live on air, became a flashpoint for the threats that journalists have faced while covering the unrest in US.

Harvard considers smaller classes, cancelling fall sports as it plans for reopening

Though Harvard is yet to decide on when students can come back it is preparing the campus so it can isolate those who may be hit with the virus.

World’s biggest mines are at risk after coronavirus surge in Latin America

Brazil surpassed the US in new coronavirus cases last week, and the disease is now spreading in northern states such as Para, which accounts for 8% of global iron ore supply.

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.