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Sunday, November 16, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Elon Musk sells $5 billion of Tesla stock after Twitter poll

Musk has so far has disposed of more than 4.5 million shares this week — his first sales in more than five years.

Paytm IPO could prove to be a ‘very high-risk bet’, says fund manager

Paytm’s IPO comes at a time when India has seen a spurt of technology unicorns listing recently, with the stock markets rallying to record highs.

Twitter has spoken: Elon Musk should sell 10% of his stake in Tesla

In a Twitter poll that Musk launched Saturday, a majority of 3.5 million Twitter users — 58% — voted in favour of the share sale.

The energy crisis in India, China that helped revive coal is easing, for now

Global coal prices that had surged to records on the supply squeeze have cratered in recent weeks following government intervention. But challenges remain.

Google parent Alphabet will use AI to discover drugs

Alphabet lab DeepMind’s algorithms have made huge advances in predicting shapes of proteins, a technology that could speed up development of new drugs & upend pharma industry.

Biden’s aide tests positive for Covid at COP26, stays in Scotland over transmission concern

The aide is in quarantine and awaiting a follow-up PCR test, a White House official said. The aide is not believed to have had close contact with President Biden.

James Bond’s salary hasn’t kept up with French restaurant costs, study shows

During the 1950s and 1960s, Bond would have spent 18% of his salary but by about 2019, the British secret agent would have needed a third of his salary to dine regularly in France.

India’s fintech gold rush a windfall for foreign investors, Paytm IPO to spell payoffs

As online payments, digital loans in second-most populous country soar at fastest rates worldwide, money is pouring into India’s financial technology sector at an unprecedented pace.

Young people are quitting their jobs in large numbers. Burnout is the key reason

Quitting a job will never be a cure-all for mental health issues but taking a break can be helpful. There may well be financial repercussions but millions are willing to take the risk.

G20 falls short on key climate target, leaving it to COP26 to achieve breakthrough

Discussions over the past week produced continuous clashes over both objectives and timelines on climate, and divisions were on display over the date for achieving net zero emissions.

On Camera

Why Tejashwi Yadav failed—Bihar changed, RJD didn’t

RJD, once a prominent representative of Mandal politics, now finds itself in a political era where welfare, good governance, and new aspirations are overshadowing old caste equations.

As govt starts rolling back Quality Control Orders, a look at adverse impact they had, mainly on MSMEs

Between 2016 and 2025, around 700 QCOs were issued by the government. Now, it has withdrawn 69 of them.

Drone manufacturer ideaForge wins orders worth over Rs 100 crore from Army

ideaForge has formed a joint venture to manufacture and market UAVs in the US. Its Q6 UAV is now included in NATO and allied procurement systems.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.