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Friday, March 29, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Trump’s face cannot stop America’s receding economic power from shifting to Asia

His lack of attendance at Asia-Pacific summits reflects a trend that has been building for years.

Profit-making and commercial biases influence news feeds on Google, Facebook and Twitter

Big tech companies must reinvent their business models with clear emphasis on policy and responsibility, and hold powerful algorithm creators accountable.

China’s lead in the race for 5G could depend on the mega-merger of these two mobile carriers

South Korea, the U.S., and Japan are the top competitors hoping to launch commercial 5G subscriptions.

Google could be in trouble as US Congress rejects low-level testimonials on election meddling

US Congress wants Larry Page, CEO of Alphabet Inc. to testify in front of the intelligence committee which will include the chiefs of Twitter and Facebook as well.

More pain in store for rupee as India braces for external headwinds

While foreign currency debt has zoomed, various external vulnerability indicators paint a rather mixed picture, according to RBI's annual report.

Fortis, Religare empires unravel as Shivinder Singh sues brother Malvinder

Shivinder has accused his brother of 'systematic undermining of the interests of the companies and their shareholders'.

Pakistan still not doing enough to fight terror, top US official says before meeting Imran

Secretary of State Pompeo says Islamabad needs to do more before Washington can consider resuming security assistance.

Rising oil prices and the impending general elections leave little hope for India’s plummeting rupee

The weakened rupee, Asia's worst performing currency, is prompting foreigners to sell their Indian assets. 

A needle in the eye promises improved treatment for blinding glaucoma

Projected to affect about 80 million people by 2020, the condition causes progressive loss of peripheral vision which ultimately leads to blindness.

Indian stocks set for longest streak of losses in more than three months

Thirteen of 19 sector sub-indexes compiled by Bombay Stock Exchange declined, led by losses in consumer and telecom stocks. 

On Camera

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.