Tuesday, 7 December, 2021
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File photo of Elon Musk, chief executive officer of Tesla Inc.| Bloomberg

Twitter has spoken: Elon Musk should sell 10% of his stake in Tesla

In a Twitter poll that Musk launched Saturday, a majority of 3.5 million Twitter users — 58% — voted in favour of the share sale.
Dump trucks travel along an access ramp at the Tavan Tolgoi coal deposit | Representational image| Bloomberg

The energy crisis in India, China that helped revive coal is easing, for now

Global coal prices that had surged to records on the supply squeeze have cratered in recent weeks following government intervention. But challenges remain.
Representational image of pharmaceutical medication | Photographer: Chris Ratcliffe/Bloomberg

Google parent Alphabet will use AI to discover drugs

Alphabet lab DeepMind’s algorithms have made huge advances in predicting shapes of proteins, a technology that could speed up development of new drugs & upend pharma industry.
Representational image of US President Joe Biden at the COP26 Summit in Glasgow | Bloomberg

Biden’s aide tests positive for Covid at COP26, stays in Scotland over transmission concern

The aide is in quarantine and awaiting a follow-up PCR test, a White House official said. The aide is not believed to have had close contact with President Biden.

James Bond’s salary hasn’t kept up with French restaurant costs, study shows

During the 1950s and 1960s, Bond would have spent 18% of his salary but by about 2019, the British secret agent would have needed a third of his salary to dine regularly in France.

India’s fintech gold rush a windfall for foreign investors, Paytm IPO to spell payoffs

As online payments, digital loans in second-most populous country soar at fastest rates worldwide, money is pouring into India’s financial technology sector at an unprecedented pace.
Representational image | Piqsels

Young people are quitting their jobs in large numbers. Burnout is the key reason

Quitting a job will never be a cure-all for mental health issues but taking a break can be helpful. There may well be financial repercussions but millions are willing to take the risk.

G20 falls short on key climate target, leaving it to COP26 to achieve breakthrough

Discussions over the past week produced continuous clashes over both objectives and timelines on climate, and divisions were on display over the date for achieving net zero emissions.

Banks, NBFCs keen to offer easy credit to fuel consumer spending in festive season

Businesses in Indi are expecting sales during Diwali will pick up to levels seen before the pandemic struck early last year. That is in part because banks are eager to lend.
Exhaust rises from the smoke stacks of thermal power plants in this aerial photograph taken in Changshu, Jiangsu Province, China| Bloomberg

G-20 continues to be deadlocked as China won’t budge on climate goals

Some countries singled out China, saying it is refusing to beef up commitments to limit temperature increases and digging in over coal, with Russia and India also dragging the chain.
Illustration: Ramandeep Kaur | ThePrint

Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?

Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.