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Friday, November 14, 2025
TopicBloomberg wire

Topic: Bloomberg wire

One shot vaccine to protect against all Covid variants is within reach. Here’s how to grab it

Many vaccine scientists are already working on the development of pan-coronavirus vaccines, capable of quashing any variant that exists or might emerge.

Omicron pushes Japan to consider treating Covid like the flu

PM Fumio Kishida has pushed back against his predecessor Shinzo Abe and others who have made similar calls. Kishida said it’s too early to downgrade the virus given the omicron caseload.

Amazon’s legal troubles in India are a cautionary tale for prospective investors

An ordinary commercial dispute between Amazon and Future Retail founders shines a harsh light on the quality of legal and regulatory protection investors receive in India.

Exotic forex derivatives make comeback in India as RBI pushes to deepen markets

RBI allowed lenders to offer derivative products this month. Banks like ICICI Bank & Axis Bank sold barrier forex options to customers including Reliance Industries & Supreme Petrochem.

NTPC looks to coal imports to avoid new power crunch

India’s largest electricity producer is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand.

5G cell towers near US airports disrupt inbound traffic, Air India too cancels flights

The concerns stem from potential interference with sensitive navigation equipment used during landings in poor weather.

Tech, banking names are among hottest India stock picks for 2022

Despite concerns about lofty valuations and unwinding of easy-money policies, India’s benchmark is among those leading gains in Asia so far in 2022 with an advance of more than 4%.

Oil soars to 7-year high with market bolstered by resilient demand

Oil’s rally poses a challenge for consuming nations and central banks as they try to stave off inflation while supporting global growth.

Gold holds decline as bond yields climb on expected Fed rate hikes

Gold is holding above $1,800 an ounce after dropping for the first time in three years in 2021 as central banks globally started dialing back on pandemic-era stimulus.

Xi Jinping’s zero-tolerance strategy gets weaker with every Omicron case in China

Despite firmly closed borders and a vaccination rate near 90%, the highly transmissible variant has been reported in 7 out of 31 provinces and all of China’s biggest cities.

On Camera

10-point guide to Bihar election results: Lalu, Nitish & BJP’s hawk eye

Alliance partners have not lost any vote share. The central message of this election, therefore, is that the rival can’t take away your committed voters. You have to stitch alliances to bring in the “others”.

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.