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Thursday, August 14, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Amazon takes on Ambani again in India. This time, over cricket

The bruising battle for control of a bankrupt Indian retailer isn’t over yet, and two of the world’s richest men are already heading for a second round on the cricket field.

US warns China of sanctions if it offers support for Russia, vows to help India

US Deputy Secretary of State Wendy Sherman said she hoped Beijing would learn the 'right lessons' from Russia’s war, including that it can’t separate the US from its allies.

Gold prices lowest in almost two weeks as US bond yields rise

Gold prices are proving resilient -- gaining more than 6% this year -- as political and economic risks push investors toward the haven asset.

Putin says Russia has taken control of Ukraine’s Mariupol, calls it a ‘success’

Mariupol would be the biggest city yet taken by Russia in its two-month invasion and is key to asserting control over the Donbas region and linking it by land with Crimea.

Xi defends China’s Covid lockdown-dependent approach amid mounting economic woes

China is seeking to support economic growth weighed down by lockdown measures to contain the country’s worst Covid outbreaks since the early days of the pandemic.

If we could rent iPhones, would that help save the planet

Buying seemed wasteful, considering the cost of new devices and the environmental impact associated with manufacturing new ones.

Putin’s nuclear threat makes Armageddon thinkable

Since the 1960s, nuclear weapons have largely receded from the public consciousness. Nonetheless, nuclear war is very much a 'thinkable' concept, however horrible it might have been.

Gold investors bet against US Fed as Russia-Ukraine war threatens paradigm shift

Gold buyers piling into exchange-traded funds are taking a pessimistic view of the US Federal Reserve’s ability to cool decades-high inflation without hurting the economy.

Why airline mask mandate never stood a chance

Now that air travel is back in a big way, the question becomes whether the demise of the mandate would make a difference.

India risks power outages as high temperatures spike demand for coal

While state-run miner Coal India is producing at record levels this month, that may not be enough to replenish power plant stockpiles that dwindled to barely a third of required levels.

On Camera

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

President awards 1st set of Sarvottam Yudh Seva medals since Kargil, 7 honoured for leading Op Sindoor

This year, the Indian Air Force received four of the seven awards, followed by the Indian Army with two medals, and the Indian Navy with one. 

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.