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Tuesday, November 11, 2025
TopicBloomberg wire

Topic: Bloomberg wire

For rare earth trade, German firms are handing over secrets that China could leverage

German companies are handing Beijing sensitive supply chain information, which is demanded by Chinese officials before they approve exports of rare earth elements, used in an array of modern products.

Trump demolishes entire East Wing of White House: Can US presidents do that?

Trump has been putting his stamp on White House decor and architecture since he began his second term. He had the Rose Garden paved for a patio and replaced chandeliers & artwork in the complex.

After Tesla entry, Elon Musk’s Starlink prepares for retail kickoff in India

Starlink’s India entry would help SpaceX compensate for being shut out of China, where the government has kept the market closed to foreign operators.

Why gold has so much appeal in uncertain times

Gold has a track record of increasing in value in times of market stress. Owning gold is also rooted in Indian and Chinese cultures, 2 of the world’s largest markets for the metal, where jewellery & bars are passed down through generations.

As gold prices plunge, die-hard enthusiasts are holding their nerve

The retreat in prices this week, while huge for such a steady asset, has still only brought gold back to where it was little more than a week ago. The metal is still up this month, and has gained about 55% this year.

While US imposes H-1B visa fees, Canada PM plots ‘talent attraction’ plan

PM Mark Carney has previously said he wants to attract employees from the technology sector who might have otherwise gone to the US if not for President Donald Trump’s new visa charges.

Trump’s latest sanctions could dry up Russian oil flow to India

Senior executives said Washington's latest sanctions on Russian producers Rosneft PJSC and Lukoil PJSC would make it all but impossible for crude flows to continue. Imports from Russia have been a major hurdle in India-US trade negotiations after Trump tariffs came into effect.

Polluters are starting to pay attention to UN’s methane warnings

The gas has more than 80 times the warming power of carbon dioxide in the short-term, which also means that cutting down its emissions is one of the fastest and most effective ways to limit climate change.

Why rare earths are China’s Trump card in trade war

At 44 million tonnes, China is home to almost half the world’s reserves of rare earths, which are more than double those found in second-place Brazil.

X-BAT—An AI-powered fighter that neither needs a runway nor GPS

The jet will have a range of 2,000 nautical miles and is set to cost $1 billion. US defence startup Shield AI says it will test the fighter in 2026 and expects to make it ready for military ops by 2028.

On Camera

India is exploring a new insurance plan. Payout is triggered when heat, rainfall rise

In Rajasthan and Gujarat, informal women workers received cash payouts when heat levels crossed 40°C. The pilot cut administrative delays and reached beneficiaries quickly.

No more text-heavy ads, wider scope of services—ICAI’s ethics code overhaul to promote Indian CA firms

Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.