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Monday, November 24, 2025
TopicBloomberg wire

Topic: Bloomberg wire

India to stock up Middle Eastern crude oil to take advantage of low prices

New Delhi’s move to buy millions of barrels of Middle Eastern crude is seen to be part of a broader G-20 response to the collapse in oil prices.

How to lift the coronavirus lockdown? Learn from Austria and Denmark

If there’s a lesson to heed from the likes of Austria and Denmark ending such a shutdown should be done very, very carefully.

Ritesh Agarwal’s Oyo sends thousands of workers outside India on leave without pay

Oyo hasn’t yet determined the precise number of workers to be furloughed because it is sorting through local labour laws in various countries.

Zoom sued for privacy and security flaws by shareholder

The video conferencing app was accused of unauthorised disclosure of private information to third parties & hiding the truth about flaws in the software encryption.

Twitter CEO Jack Dorsey pledges $1 billion for Covid-19 relief in biggest donation yet

Dorsey pledged $1 billion of his stake in Square Inc., the payments firm he co-founded, to coronavirus relief efforts.

US Navy secretary quits after calling aircraft carrier captain stupid over Covid-19 crisis

Secretary Modly had relieved Captain Crozier of his command for pleading in urgent terms for all but a skeleton crew to be removed from the USS Roosevelt.

UK heads into peak of Covid-19 outbreak with PM Johnson still in ICU

With signs of pandemic turning the corner in Spain & Italy, Britain is moving into its most critical phase and had highest daily death toll Tuesday.

Wuhan is finally open and its residents are rushing to take planes, trains, driving out

Lockdown’s end doesn’t mean Wuhan has returned to normal. Restrictions & fear of resurgence in infections means many can’t or won’t go anywhere.

The world is beginning to love face masks in the struggle to stop coronavirus

The newfound embrace of face mask comes after WHO moderated its stance, saying home-made masks may make it less likely that asymptomatic carrier spreads virus.

Why Indian banks could make the Covid-19 economic crisis only worse

Despite warnings, India waited too long to fix the banks, thinking that it had all the time in the world. Now it may be too late.

On Camera

DPDP Act will change how we interact with the internet. Get ready for the consent mails

India does not have a data protection regulator to make good on the DPDP Act’s promise and articulate clear future standards.

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.