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Friday, November 14, 2025
TopicBloomberg wire

Topic: Bloomberg wire

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.

India’s bond market has Rs 2.25 trillion riding on index inclusion

Analysts expect the world’s last big emerging market to finally get the nod to join global indexes this year or early 2023 by providers such as JPMorgan Chase and FTSE Russell.

Netflix’s outlook is disappointing. And it will need more than price hikes to win over investors

Netflix added 8.3 million new users globally, falling shy of the company’s projection of 8.5 million, admitting competition from other streaming companies may be affecting its growth.

Future Retail isn’t in a position to meet Rs 3,500 crore debt deadline

Having already missed a 31 December deadline to lenders, Future has until the end of this month to come up with the money for the debt. But insiders say it won’t be able to do so.

High fuel costs unsettle governments in India, other Asian nations as inflation poses challenge

Retail inflation in India rose for a third month in December. The country's consumer prices this year are expected to grow the fastest among the 10 largest economies.

How Facebook and Amazon rely on an invisible workforce

The market for on-demand, digital tasks is estimated by the World Bank to be worth $25 billion, with Meta Platforms, Amazon, YouTube as some of the biggest buyers.

On Camera

Sukhbir Singh Badal didn’t win Tarn Taran. But results recognise his party as real Akali Dal

The electorate reaffirmed SAD (Badal) as the genuine Akali Dal—not by awarding it the seat, but by positioning it where it matters in a Panthic contest: Second, and unambiguously so.

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.