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Sunday, October 6, 2024
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

Is support reducing for Kolkata doctors? Mamata not the only one who has to course correct

West Bengal is ready to welcome its daughter home for Durga Puja, but the family is unable to keep the deep-rooted discord within from spilling out. At its head is Mamata Banerjee.

How Modi govt’s Atmanirbhar policy could have hobbled BSNL’s efforts to catch up in 4G race

Restrictions on use of equipment from global vendors have necessitated new indigenous technology being developed, tested & deployed—further delaying BSNL's 4G & 5G launch.

IAF chief AP Singh red-flags Tejas delay, says China ahead in technology & production capacity

Air force chief says HAL needs to churn out 24 aircraft per year. It is important for IAF to have indigenous weapons systems to deal with any security challenges, he says.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?