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Saturday, November 22, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Australia slowly comes back to life, but citizens remain under cloud of Covid threat

Whether Australia has so far escaped the virus from skill or luck is impossible to know, but in the long term, it needs to maintain a heightened state of vigilance.

Not Japanese and travelling abroad? You may not be able to re-enter Japan again

In view of the coronavirus pandemic, Japan has upheld a law that bars re-entry of foreign workers after overseas travel to control the spread of the virus.

Moderna shares fall from all-time high as euphoria around Covid vaccine data wears off

Moderna's shares, which nearly made an MIT professor a billionaire, began to slide after a report from the health publication Stat highlighted the early nature of the vaccine data.

Rishi Sunak warns UK is headed into ‘severe recession’ unprecedented in scale

The Bank of England has predicted that a three-month lockdown could lead to a 14% slump this year — the deepest recession since the early 18th century.

America’s 1.5 million coronavirus cases is a ‘badge of honour’, says President Trump

Trump said the high number of cases are a reflection of a successful testing regime, even as the US trails Italy and Germany in tests conducted per 1,000 people.

Mark Zuckerberg refocuses on online retail with Facebook’s ‘Shops’

Shops is a new version of an existing Facebook feature with a similar name, and will let retailers upload product catalogs to their page or Instagram profile.

UN chief Antonio Guterres recommends scaled down annual meeting of world leaders in New York

It is likely the General Assembly gathering will be postponed or the event modified as New York remains one of the global epicenters of the coronavirus pandemic.

Johnson & Johnson stops selling baby powder in US, Canada after multiple lawsuits

The healthcare giant has faced lawsuits accusing it of hiding the cancer risks tied its talc-based version of baby powder since 2014.

Xi Jinping faces a threat: China’s millions of newly jobless people

The widespread struggle to earn cash risks turning into a big political problem for Chinese President Xi Jinping.

Trump is investing millions to bring drug making back to US from India and China

A spike in demand for some drugs & supplies has increased concerns about shortages in the US as 80% of active ingredients come from India, China.

On Camera

In Tejas Dubai crash, the harm goes beyond the loss of an aircraft and pilot

Airshows are thrilling spectacles of aviation skill and engineering marvels. But they carry inherent risks as the crew is pushing the aircraft, and themselves, to perform at the edges of the envelope.

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.

From a small Kangra village to Tejas cockpit: IAF fighter pilot Namansh Syal’s journey cut short

Wing Commander Namansh Syal is survived by his wife, their 6-year-old daughter and his mother. Back in his native village, relatives and neighbours wait for his remains for last rites.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.