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Monday, November 24, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Great Lockdown Depression will be the worst in a century and could get worse, IMF warns

In its first World Economic Outlook report since spread of virus, IMF estimates that global gross domestic product will shrink 3% this year.

Europe to see additional 10% economic slump as lockdowns continue

In France, where the lockdown has been extended to 11 May, the govt said the economy will shrink 8% this year.

With just 1,955 cases and 86 deaths so far, Greece shows how to handle crisis

For years, much of Europe has looked down on Greece as an insolvable problem. For all its intrinsic frailties, in this pandemic, Athens can walk with its head held high.

Zoom addresses data privacy concerns, offers paying clients new call control facilities

Zoom chief technology officer Brendan Ittelson Monday said the ability to select preferred data center locations will be available from 18 April.

Does Donald Trump have the authority to cancel or postpone 2020 US presidential election?

If the president could set the time of his own election, he could specify a date that is favorable to him – or postpone a specified date until the conditions are just right.

10 reasons why Covid-19 data on testing and fatalities might not be accurate

Specific areas could see much worse death rates because of their poor health care systems or due to existing chronic diseases in population.

Coronavirus infections rise across the globe, total cases likely more than 2 million

What began as a mysterious pneumonia-like illness in China last year, has morphed into a global health crisis that has threatened health systems and economies alike.

Maruti sees car sales making a comeback due to social distancing

There is possibility of a car boom after the lockdown is lifted as social distancing becomes a common practice, Maruti chairman Bhargava says.

Doctors, hospital workers are also fighting abuse and violence as virus stigma, panic grows

Medical workers have also been attacked from Australia to the Philippines, but the situation is particularly bad in India.

Apple plans to design next iPhone like an iPad

The highest-end new iPhone is set to have a screen slightly larger than the 6.5-inch panel on the iPhone 11 Pro Max.

On Camera

PM Modi rebranding is due. He should begin with land acquisition and farm laws

PM Modi looks determined to follow up on his Red Fort speech on reforms, but he is still looking diffident when it concerns farmers.

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.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

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.