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Tuesday, October 1, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Remains of China rocket crash into Indian Ocean, most of debris ‘burnt up during re-entry’

Pieces of the Long March 5B rocket re-entered atmosphere at 10:24 am Sunday local time and plunged into the sea around 72.47 degrees east longitude and 2.65 degrees north latitude.

Now, it’s over to the WTO to clinch a deal on vaccine patent waivers

India and South Africa have proposed a broad waiver from the Trips agreement’s rules on the production and export of vaccines needed to combat the Covid-19 virus.

With India & US stumbling, the world is turning to China for vaccines

Demand is expected to rise if WHO authorises China’s Sinovac & Sinopharm vaccines, allowing developing countries in Asia, Africa & Latin America to access them through Covax.

‘World’s fastest recovery’ outlook for India at risk as second Covid wave hits country

The rupee put up by far the region’s poorest show over the past month as traders factored in the impact of the curbs on economic growth.

Elon Musk leaves Putin stranded on Earth in today’s space race

Sixty years after Yuri Gagarin's historic flight, Russia's space industry can't get its act together.

Pfizer, Moderna Covid vaccines 90% effective after 2 doses in ‘real-world’ use: US Study

According to data from US Centers for Disease Control & Prevention, Pfizer & Moderna Covid vaccines effectively prevented infections, not just illness, with substantial protection.

Canada suspends use of AstraZeneca Covid vaccine for those under 55 amid blood clot concerns

Move comes just two weeks after PM Trudeau sought to reassure Canadians that AstraZeneca shots are safe for use. Canada is to receive 1.5 mn doses of the vaccine from US this week.

Suez villagers have a new neighbour — 400 metre-long ship holding up global trade

As dredgers, tug boats and teams of engineers race to dislodge a ship stuck in the Suez Canal, the inhabitants of the agricultural hinterland north of the city of Suez are basking in the novelty.

China signs 25-year deal with Iran, poses a challenge to Biden’s administration

Iran’s closer integration with China may help shore up its economy against the impact of US penalties, while sending a clear signal to the Biden administration of Tehran’s intentions.

China’s wildlife trade was origin of Covid, scientists’ long-delayed report expected to show

Highly anticipated findings from WHO and Chinese govt-convened panel are expected to show how spread of SARS-CoV-2 mirrors that of the original SARS in 2002.

On Camera

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Indian envoy in Oman dons Army combat print for photo ops, sparks controversy

Ambassador Amit Narang wore combat uniform at closing ceremony of India-Oman joint military exercise. Only serving personnel can wear service uniforms, say veterans.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?