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Tuesday, November 25, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Boris Johnson, UK’s Prime Minister, tests positive for coronavirus

The British Prime Minister was tested upon feeling mild symptoms Friday, an email statement from Downing Street stated.

Coronavirus is expediting iPhone makers’ plans to move beyond China to countries like India

The move in production out of China has been underway since the trade war between Washington and Beijing reached its zenith last year. Now, Covid-19 is expediting that.

RBI has also liberalised forex trading by allowing banks to trade in offshore markets

Banks in India that operate out of International Financial Services Centre will be allowed to participate in non-deliverable forwards market from 1 June.

Animal crossing is Nintendo’s gift to a corona-weary world

While the video-game industry is surging as a whole, Nintendo is doing particularly well thanks to its wholesome and family-friendly offerings games.

Why the world needs Apple’s annual new iPhone cycle

Companies that produce iPhone accessories drive their own revenue, and any delay could be devastating amid the global economic slowdown.

How to dodge the virus by living and working in mines that are deep underground

Mining companies, which can't function remotely, have come up with a different tactic to avoid the coronavirus and still continue production.

A second coronavirus shockwave is hitting Chinese factories now

Emerging pattern of shipment cancellations poses grave risk to chances the world’s second-largest economy can repair damage from closures in February.

The coronavirus isn’t Trump’s Katrina. It’s his Vietnam.

Trump’s disastrous mismanagement of Covid-19 has been compared with Bush’s inaction in advance of Hurricane Katrina. But Bush didn’t have months to prepare.

The world is on the brink of running out of places to store oil

With only 1.6 billion barrels of storage capacity available, producers will be forced to cut output soon as there’ll be no place left to put unwanted crude.

These airlines could go bankrupt due to the coronavirus crisis

Using Z-score method to predict bankruptcies, Bloomberg News filtered out listed commercial airlines to identify the ones most at risk of going bust.

On Camera

Worker exploitation powers the firework industry in Tamil Nadu’s Sivakasi

For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.

172 countries & counting, India looks to hit new record in rice exports. But there’s a flip side

The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.

India and France to jointly manufacture HAMMER air-to-surface missile

Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.

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.