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Tuesday, October 1, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Not just daylight saving, the inane idea of time zones should be scrapped in favour of UTC

Notion of time zones rests on a fundamental delusion, that a number should tell us when to get up, eat lunch or go to bed. Instead, we should adopt a single global time.

Greensill, Gupta and the fragile tower of money and metal

The collapse of Greensill Capital has cast a shadow over Sanjeev Gupta’s business, which relied heavily on its funding for a spree of acquisitions that saw him spend $6 bn in 5 years.

Do I have Long Covid? Here’s what we know about Covid’s lasting effects

More patients are seeking help for lingering effects of Covid like fatigue, breathlessness and brain fog. But, so far, research into Long Covid has suffered from various limitations.

Air India takeover bid by staff disqualified, race narrows to a few, including Tata Sons

A group of employees had partnered with a Seychelles-based fund to bid for the loss-making national carrier that has been up for sale since 2017.

How surging food costs are affecting 5 hotspots including India, Russia & Brazil

Global food prices are at the highest in more than 6 years, driven by a jump in the cost of everything because of demand from China, vulnerable supply chains and adverse weather.

Myanmar protesters plan even bigger rallies after two demonstrators were shot dead

Shops are expected to close in solidarity, with the nation’s largest retailer announcing it will shut all of its outlets. Nearly all private bank branches have also closed.

PM Modi’s plan to make a Singapore in Gujarat has fallen flat

Investors aren't coming to Gift City — India's new international financial center — built on a patch of wilderness in PM Modi's home state Gujarat.

Putin’s once-scorned Sputnik V is turning into a global favourite in pandemic fight

Russia's vaccine, perhaps its biggest scientific breakthrough since Soviet era, won’t change hostility towards Putin among Western govts, but could boost geopolitical clout in other regions.

Where did Covid come from? Investigator says WHO team has found ‘important’ clues in China

Scientists on the WHO-sponsored mission visited the Wuhan lab as well as the wet market that were widely speculated to be the origin points of Covid-19.

AstraZeneca’s Covid vaccine shows limited efficacy against South Africa variant

The study, with a relatively small sample size of more than 2,000 individuals, hasn’t yet been peer-reviewed and is due to be published Monday.

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?