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Sunday, November 23, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Oxford begins study to prevent worsening of mild coronavirus cases, to start with HCQ

Oxford study will test whether 7-day course of HCQ can reduce serious symptoms in vulnerable groups. The antibiotic azithromycin will also be tested.

Tata Motors is worth nothing without JLR after Covid disruption, brokerage CLSA says

JLR is only driver of valuation. Future equity infusions are likely to be used for loss funding & so we don’t attribute any equity value to India business, CLSA says.

IndiGo’s Rahul Bhatia considering bidding for Richard Branson’s collapsed Virgin Australia

Rahul Bhatia is evaluating data of Virgin Australia, which collapsed 2 months ago, and is finalising a strategy but no decision has been made.

India’s oil demand is showing signs of bouncing back after record fall in April

Demand in May will be 25% higher than April as planting season begins, requiring tractors & water pumps to burn more diesel & lockdown is eased.

Wuhan sees first new coronavirus cases after its lockdown was lifted

Six locally transmitted cases, reported on 9 and 10 May, were found among people already under quarantine, who were asymptomatic before testing positive for Covid-19.

Fears of a second wave of virus infections pummels crude oil prices again

The collapse in consumption of oil demand caused by the coronavirus pandemic has forced countries around the world to cut crude output.

Extreme heat events have arrived earlier than feared, climate study finds

A team of researchers noted the temperature shift in the next 50 years would be greater than what humans, livestock and crops have experienced in 6,000 years.

South Korea’s very successful testing strategy has a homophobia problem

The latest flare-up in South Korea, which curbed new cases through rapid testing, has emerged among the gay community, which has few legal protections.

WFH could become more permanent at ICICI Securities

Other financial companies like JPMorgan Chase & Co., too, could see a portion of its staff work from home on a rotational basis more permanently.

Mustafa Al-Kadhimi’s appointment as Iraq’s interim PM shows Iran is losing its grip

Despite opposition from militia supported and directed by Iran to Kadhimi, the Iraqi Parliament ignored it and went ahead with the appointment.

On Camera

New labour codes are a simplification that’s been long overdue. Its a strategic shift

Imposition of formal rights and digital compliance mechanisms introduces new expectations for both employers and workers. This transition will require sustained awareness efforts.

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 crash: Amid taunts from across border, a Pakistani pilot’s brother voices shared grief & solidarity

Speaking to ThePrint, Salman Akram urges dignity in tragedy, recalling the loss of his brother, Wing Commander Nauman Akram, in similar crash & the mockery his family faced after.

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.