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Wednesday, April 24, 2024
TopicBloomberg wire

Topic: Bloomberg wire

China approves Hong Kong security legislation, defying Trump’s threat

The legislation allows China to bypass Hong Kong's local Legislative Council, jeopardising the city's autonomy that made it an international trade and banking hub.

How coronavirus has blown a $400 billion hole in global energy markets

The International Energy Agency’s projection for energy investment in 2020 began at 2% growth, but in the wake of the pandemic, expects to decline by 20%.

Boeing restarts production of 737 Max after four-month shutdown

Returning after two fatal crashes that killed 346 people, the Max will re-enter a market that’s changed vastly since its grounding.

Instagram to help creators profit directly from videos, in direct competition with YouTube

Starting next week, Instagram will show ads before clips that run on its IGTV service for longer-form videos. The company plans to share 55 per cent of the revenue with creators.

By fact-checking Trump, Twitter has struck a fair balance between liberty and lies

As a social media platform, Twitter cannot appoint itself as the truth police, but it also has to draw the limits on misinformation somewhere.

Why US-China military confrontation risk is highest in the South China Sea

The US and China have danced around each other for years in the South China Sea, which is a key thoroughfare for global shipping and trade.

More than 2 lakh ship crew are stuck at sea and are facing a ‘humanitarian crisis’

Seafarers stuck on merchant ships are at an increasing risk of mental and physical fatigue as port restrictions and cancelled flights disrupt crew changes.

Hong Kong’s autonomy is gone, US says, sows doubt about special trading status

The move could trigger sanctions and jeopardise Hong Kong's role as a leading trade and banking hub.

Soaring cost of beer – the big price Chinese will pay for their trade spat with Australia

China imports between 2 million to 3 million tons of Australian barley, considered the best, as domestic production can not meet quality requirement of breweries.

Why vaccines should not be immune to market forces

Market prices for vaccines could ensure additional production, help differentiate between vaccines, and even allocation of resources.

On Camera

Climate change doesn’t just affect poor people, farmers. Cities and banks aren’t safe either

In India, only 17% of public sector banks and 25% of private sector banks claimed to have an internal strategy for integrating climate risks into their risk management framework.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India, Oman hold 5th annual high-level meeting to boost maritime security

Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.