Thursday, 19 May, 2022
TopicBloomberg wire

Topic: Bloomberg wire

Malaysia doesn’t have the appetite for China’s One Belt One Road initiative anymore

Mahathir govt fears China is slowly colonising Malaysia with its newest project.

Google CEO Sundar Pichai slammed for refusing to testify in US Senate

Google's testimony is part of the US Senate Intelligence Committee's hearings on the Russian interference in the 2016 US elections. 

Imran Khan faces big protest today from hardline Islamist group

Tehreek-e-Labbaik, which performed well in Pakistan’s elections last month, plans to protest a Dutch politician critical of Prophet Mohammed.

Now, the Philippines aims to replicate success of India’s Aadhaar

Manila has proposed a new biometric system where a national identity card can open up access to everything from government services and bank accounts to jobs.

Apple’s success lies in its high-end phones, not its affordable ones

Apple's lower-end ranges have never made a lasting impression among consumers.

Cancer fighting genetic tool ‘Crispr’ is now being used for improving quality of crops

US and Europe, however, have contrasting policies on genetically modified crops which could possibly start a costly trade dispute.

Google teams with banks to launch digital lending for India

The US search giant is set to offer instant, pre-approved loans to customers right within Google Pay in a matter of seconds.

China may look to India for supplies amid trade war with US

India draws list of more than 40 export products to replace or capture the US trade market share with China.

China’s superpower potential could fizzle out before it’s fully realised

Measuring China's growth through a Western rubric is proving inadequate for a country that wants to be "anything but America". 

Asia’s richest banker Uday Kotak may acquire rivals after RBI rebuff

Buying another financial firm may be the most palatable way for the tycoon to bring his stake in Kotak Mahindra Bank below 20 per cent.

On Camera

YourTurn

PT Pertamina Balongan refinery in Indramayu, Indonesia | Representational image | Bloomberg

Asian refiners to ramp up gasoline exports to US as sky-high prices beckon

In Asia, gasoline margins have doubled to more than $33 a barrel since the end of March and have edged above those for diesel, which have eased from a peak in early May.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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