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Monday, November 10, 2025
TopicBloomberg wire

Topic: Bloomberg wire

New Omicron sub-lineages likely to evade vaccines, natural immunity

The BA.4 and BA.5 sub-lineages appear to be more infectious than the earlier BA.2 lineage, which itself was more infectious than the original Omicron variant.

India endures severe heat waves — The only reason is global warming

The life-threatening, extreme temperatures have caused hours-long power blackouts and put millions of people at risk. Thermometer readings have already reached 46°C in some regions.

Oil heads for longest run of fifth monthly gain since early 2018

West Texas Intermediate futures climbed to trade near $106 a barrel Friday and are almost 6% higher in April.

Elon Musk sells $4 billion worth Tesla shares, pledges no more sales

As Wall Street analysts & Tesla investors had suspected, Musk offloaded 4.4 million shares on 26 April & 27 April to cover the $21 billion equity portion that he’s personally guaranteed.

Netflix fires employees in restructuring of company’s marketing department

A week after its disappointing subscriber growth, Netflix Inc. fired a number of employees working at Tudum, a website that promotes movies and TV shows on the streaming service.

How a powerful dynasty bankrupted Sri Lanka in 30 months

Sri Lanka collected relatively less revenue than nearly any other country, and its high debt load had forced it to seek cash from the International Monetary Fund.

Kim Jong Un appears to lower his guardrails for a nuclear strike

North Korean leader signaled a looser policy toward his possible use of atomic weapons at a military parade in Pyongyang aired on state television Tuesday.

James Murdoch firm leads Rs 135 billion funding in Ambani media arm

Bodhi Tree Systems will lead a group of investors to pour the cash into Viacom18 -- a joint venture between Ambani and Viacom Inc., the companies said in a joint statement Wednesday.

Elon Musk’s Twitter has a cryptocurrency swamp to drain

Musk has promised to drain the network’s swamp of scams, spams & bots — a contradictory goal, given they thrive in the same frictionless hive of communication that makes Twitter's money.

India’s gold demand could take bigger beating if prices continue to spiral upward

Sales slumped 18% from a year earlier & imports plummeted over half in the first quarter as prices surged & fresh Covid outbreak kept people away from stores, World Gold Council said.

On Camera

SC order on stray dogs is like Tughlaq’s march to Daulatabad—grand in tone, empty in substance

SC’s order asks institutions to breed unnecessary panic and build fortresses, when they are yet to achieve basic safety or dignity.

No more text-heavy ads, wider scope of services—ICAI’s ethics code overhaul to promote Indian CA firms

Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.