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Sunday, May 19, 2024
TopicBloomberg wire

Topic: Bloomberg wire

China is using science fiction to spark a tech boom

China’s leaders have started a campaign to popularise science and promote the country's future hinged on technological innovation.

Trump & Xi are set for a messy divorce and that can rip the global economy apart

If US & China can’t work out a managed, Cold War style separation, the legacy of 2008 may well be a hard split.

Growth plans of Emirates could be dented if it acquires Etihad

What Emirates will gain in terms of scale by acquiring Etihad it will lose in terms of operational freedom.

Investors are spooked as Indian stock markets swing their wildest in more than 4 years

Yes Bank's shares sank to the lowest level since 2016 while Dewan Housing Finance Corp's dropped by 43 per cent.

Xi Jinping could be a bigger risk to China than Donald Trump

The more powerful Xi becomes, the more difficult it is for him to blame policy mistakes on others, especially when it comes to the US trade war.

Cap on oil prices will rescue sinking rupee, says SBI

The currency's recent descent is said to be self-correcting to some extent as its weakness will help perk up exports. 

Ultratech is buying cement companies but India needs to buy its cement

Ultratech's acquisition spree might cause trouble if the government doesn’t start spending as fast as India's largest cement firm.

RBI wields the stick on bad loans by rejecting Yes Bank’s Rana Kapoor

Rana Kapoor’s removal illustrates just how far RBI is preparing to go to root out a system-wide legacy of shoddy lending.

Oh Yes Bank, you lost your CEO – for the greater good

After acting against Rana Kapoor, RBI will be forever held to a high standard and any compromises would damage its credibility.    

Junk in space is a huge threat to everything from Internet to GPS & weather forecasts

More than 20,000 satellites, rocket pieces and collision fragments are orbiting earth & present a clear and present danger to satellite operations.

On Camera

Ghatkopar hoarding collapse a typical Mumbai disaster—too many agencies, no one to blame

As per the BMC, there are 1,025 officially approved hoardings in the city right now. However, any Mumbaikar can tell you that number is a ludicrous underestimate.

India’s GDP to grow at 6.9% in 2024 — UN agency revises its January projection of 6.2%

Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.

Spain denies port call to vessel carrying shipment of ‘arms to Israel from India’

The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?