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Tuesday, January 13, 2026
TopicBloomberg wire

Topic: Bloomberg wire

McKinsey cuts about 200 tech jobs as it shifts more roles to AI

As encroaches on tasks carried out by humans, banks alone are likely to cut as many as 200,000 jobs in the next three to five years.

To wear or not to wear PJs is the ultimate air travel question

US Transportation Secretary Sean Duffy’s call to avoid wearing pyjamas and slippers in public has set off debate about acceptable standards of sartorial appearance.

How Rupee ended up as Asia’s worst currency this year

Possible improvements in US-India trade ties and a lower tariff rate could ease pressure, but if that doesn’t eventuate, RBI may be forced to support the rupee further.

China is allowing more school holidays, so parents spend more on travel

Beijing has repeatedly called on localities to adopt spring and autumn school holidays to “improve the environment for consumption”.

‘Never been so scared’: Hong Kong fire leapt through 7 towers within hours

As firefighters began battling to contain the inferno, residents made desperate calls to emergency services. Others begged for their pets to be saved, and elderly people in wheelchairs struggled to escape.

Bamboo scaffolding, 2,000 housing units: What we know of Hong Kong’s deadly fire

The blaze killed at least 44 residents and left hundreds missing in Hong Kong’s worst residential fire in more than half a century.

Wine demand dips, France plans to spend $150 million uprooting vines

The country has about 11% of the world’s vineyards.

Apple set to become world’s top phone maker, overtaking Samsung

The iPhone 17 models introduced in September have been a hit both domestically in the US and in Apple’s other critical market, China.

Chip wars: How Google’s TPUs are giving Nvidia a run for its money

Both types of chip can handle the large number of computations involved in training AI models, but they achieve this in different ways.

In court, OpenAI says ChatGPT not to blame for teen’s death by suicide

The family of a 16-year-old California student had alleged that ChatGPT guided the teenager through the process of tying a noose and offered to help him write a suicide note.

On Camera

Don’t mistake India’s economic recovery for a new era of rapid growth

The underlying issue is that there hasn’t been enough of a structural change in the economy since the launch of reforms in 1990-91, despite per capita incomes multiplying nearly five-fold.

Grounded no more: Andhra govt revives no-frills Dagadarthi airport near Nellore to boost south coast link

As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.

Oreshnik, ATACMS & Storm Shadow: All about the missiles Russia and Ukraine are firing

Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.

Thank you Donald Trump, again. India now has reason to shed fear of trade deals and risky reform

UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.