scorecardresearch
Tuesday, October 1, 2024
TopicBloomberg wire

Topic: Bloomberg wire

3 US states to file a new antitrust lawsuit against Google over app store fees

The attorneys general of Utah, North Carolina and New York are among states that are preparing a lawsuit, which hasn’t been previously reported and could be filed in January.

Boris Johnson, EU agree on extension of post-Brexit trade deal negotiations

Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed that 'it is responsible at this point to go the extra mile.'

AstraZeneca plans post-Covid growth with $39 billion deal with Alexion Pharmaceuticals

The proposed cash-and-stock acquisition will add treatments for uncommon blood and immunological disorders to the portfolio of the Cambridge-based drugmaker.

Why breaking up Facebook’s monopoly is more difficult than it seems

The FTC called for the unwinding of the company's Instagram & WhatsApp acquisitions, which have allowed it to achieve unprecedented power over global communication.

Erdogan is trying to reconcile with the West, but Putin is betting against it

From Azerbaijan to Syria to Libya, Erdogan’s drive to rebuild Turkey’s influence as a regional power has forced Russia to roll back its ambitions.

Russian billionaire’s son says he didn’t hide $50mn from mother but lost it in trading

In one of Britain's biggest ever divorce battles, ex-wife of Russian oligarch Farkhad Akhmedov had accused their son of helping his father to hide assets.

UK backs down on threat to rip parts of Brexit divorce deal

The plan to retreat on UK Internal Market Bill is another sign that Boris Johnson govt is trying everything it can to smooth the path to a new post-Brexit trade agreement.

People are eating healthier in pandemic, so avocados are selling like never before

Avocado trade body chief says Europe’s consumption will jump 12% this year to a record 670,000 tons, while US demand will increase 7%.

What’s at stake if Brexit talks fail

If no agreement is reached, it would be a hammer blow for both sides as decades of free movement of goods, services and capital would come to an abrupt end.

Trump wins court ruling, can now redirect military funds to build wall between US, Mexico

The ruling said that the group of border community activists and El Paso County who had challenged the funding shift, could not prove that they would be sufficiently harmed by the wall.

On Camera

Tirupati controversy shows temples can’t run as public sector units. They must be privatised

A private temple could make crores by selling better laddus and investing in goshalas and captive production units to control quality.

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?