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Friday, November 14, 2025
TopicBloomberg wire

Topic: Bloomberg wire

I was dismissed because of my faith, claims UK’s ex-transport minister Nusrat Ghani

Conservative Party MP Ghani alleged she was removed from her post because the govt felt she didn’t do enough to defend it 'against Islamophobia allegations'.

PM Jacinda Ardern cancels wedding as New Zealand moves to ‘red’ setting over Omicron concerns

The government has delayed a phased reopening of the border as increasing numbers of cases were identified at border isolation facilities.

German Navy chief quits after making ‘ill-advised comments’ on security policy in India

During a talk by Schonbach at a New Delhi-based think tank, Schoenbach suggested Putin’s underlying goal in the Ukraine standoff was to win affirmation for Russia as a major power.

Joe Biden administration set to put itself at centre of US cryptocurrency policy

An executive order is being drafted which will soon set in place a govt strategy empowering US federal agencies to assess risks and opportunities posed by the digital assets.

Digital currency continues to decline wiping out over $1 trillion in market value

Bitcoin lost over 12% Friday and dropped below $36,000. Since its peak last year in November, it has lost over 45% of its value. Ether & meme coins are mired in similar drawdowns.

Reliance’s profit surpasses estimates on back of festive season retail surge, shale sale in US

Launch of affordable 4G JioPhone & hike in mobile tariffs pushed profits during Oct-Dec 2021 quarter. Revenue from refining operations also improved with revived fuel demand.

China vows to ‘show no mercy’ in battle against big tech influence, corruption

Efforts will be made to investigate and punish corrupt behaviours behind the disorderly expansion of capital and platform monopolies, the CCP says.

Mahindra expects strong recovery in auto sales as supply chain constraints ease

According to Mahindra, the auto industry is poised for a very strong rebound because it has been buffeted by a number of factors over the last 2-3 years.

BBC is Britain’s only imperial legacy with purpose, UK must value it to remain in soft-power war

It’s deeply worrying that the Johnson govt, filled with defenders of the country’s imperial past, seems intent on rendering this last great British asset valueless.

Joe Biden’s first year as US president has been disappointing

Biden was elected because he promised to move on from Trump’s poisonous politics. No task is more important. And this means resisting the call of the hard left.

On Camera

Wealth nears $99 trillion, still Asia’s rich don’t have succession plans

Much of this wealth is tied to founder-led businesses that employ millions and help anchor regional economies.

Turkey blocks transport of Apache choppers to India through its airspace, new route being worked out

Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.

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.