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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.
Pedestrians walk along Rajpath boulevard as India Gate monument stands shrouded in smog in New Delhi, India| Bloomberg

How emerging economies can afford the transition to cheaper, greener power

Delaying the switch to zero-carbon power isn’t giving developing countries a chance to catch up with richer nations — it’s retarding their development.
Motorists approach s a Bharat Petroleum Corp. petrol station in Chennai, India, on 1 July 2021| Representational image| Photographer: Dhiraj Singh/Bloomberg

Plan to privatise Bharat Petroleum delayed as bidders struggle to find partners

The sale of state-run refiner-cum-fuel retailer BPCL would have fetched about $13 billion for the exchequer and other shareholders.
A pile of coins representing Bitcoin cryptocurrency | Photo: Chris Ratcliffe | Bloomberg file photo

Bitcoin rallies above $66,000 to fresh all-time high in Crypto’s ‘validating moment’

Bitcoin has climbed to its latest high atop a tide of pandemic-era liquidity, speculative bets and expectations of wider adoption by institutional investors.
File photo of former US President Donald Trump | Photo: Al Drago | Bloomberg

Donald Trump plans to launch new social media platform ‘Truth Social’

The company also plans a subscription video on-demand service. Trump has long signaled aspirations to start a social media company after he was booted from Twitter & Facebook.
Jack Dorsey, co-founder and CEO of Twitter and Square, during the Bitcoin 2021 conference| Bloomberg

Jack Dorsey tweets ‘705742’ and sets Crypto Twitter abuzz

Dorsey frequently tweets about crypto market. Last week he said his firm Square Inc would follow a hardware wallet model and 'build in the open in collaboration with the community'.
The Netflix television series 'Squid Game' on a laptop computer arranged in the Brooklyn Borough of New York, US| Bloomberg

Squid Game shows how Netflix has mastered the art of keeping its subscribers

The enticement of a bizarre plot, mysterious title and hefty degree of FOMO has fueled "Squid Game" curiosity around the world, making it Netflix’s biggest series ever.
Participants take part in the games of Netflix smash hit "Squid Game" at the Korean Cultural Centre in Abu Dhabi | Photographer: Giuseppe Cacace/AFP/Getty Images via Bloomberg

‘Squid Game’ beats high-profile American shows, becomes Netflix’s biggest series launch ever

Netflix said 'Squid Game' has attracted 111 million views since its release on 17 September, which surpassed its previous top show 'Bridgerton' that hit 82 million households.
Representational image of an Air India plane | Photo: Commons

Air India’s privatisation comes two decades late, but taxpayers should be relieved

It won’t be an easy integration, but international investors should be thrilled to get the deal they have always equated with a clear signal that India wants less govt in commerce.
The Zee Entertainment Enterprises logo displayed on a smartphone. Photographer: SOPA Images/LightRocket/Getty Images via Bloomberg

Zee will not hold shareholders meeting, risks escalating standoff with Invesco

Zee said the requisition notice is not valid, as it suffers from multiple legal infirmities. The refusal sets the stage for a legal tussle.
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.