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Monday, September 30, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Here’s what could happen after historic protests in Thailand

The military & royal elite, who have long held power in Thailand, must decide whether to meet some or all protest demands, or take aggressive steps to shut down demonstrations.

How Europe’s biggest football leagues are witnessing a revolution

The richest clubs are making a play to entrench themselves at the top, PE investors are trying to buy distressed assets and lucrative media rights deals are coming apart at the seams.

Who wields most power in Asia? US tops Lowy index but China is catching up, India ranks 4th

Lowy projects India will reach 40% of China’s economic output by 2030, compared with the 50% estimate last year.

Facebook, Twitter, Google can’t be good censors of politics, Niall Ferguson says

Silicon Valley didn't just play a highly questionable role in the 2020 US elections but also in 2016 and Americans did nothing about it.

Thailand’s anti-monarchy protests ignore ban, expand beyond capital Bangkok

The protestors are calling for the resignation of PM Prayuth Chan-Ocha’s government and a rewriting of the constitution of Thailand.

Trump has had an extraordinary impact on oil industry, things will change if Biden wins

Everything will carry on pretty much as they are if Trump is re-elected as US President. But if Biden wins, things will certainly change for domestic energy companies and policy.

Trump says he can also raise money like Biden, but ‘won’t do it that way’

Trump’s campaign raised a combined $247.8 million in September, their best month in the campaign but well short of the record $383 million raised by Biden last month.

Boeing could sell its 3-decade old Seattle-area jetliner HQ to cut costs

Boeing is slimming down its manufacturing base around Seattle & planning to close a production line, as the aircraft market has been gutted by the pandemic.

Thai govt likely to get more aggressive to end anti-monarchy protests, but that could backfire

Though insulting the Thai royal family is punishable by law, criticisms started on social media and then on the streets, and PM Prayuth Chan-Ocha is struggling to shut it down.

US President Trump to resume campaign trail, even as questions about his health remain

Aides say Trump has been itching to return to public events following his battle with Covid, an impatience only heightened by the president falling further behind Biden in polls.

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.

Air Marshal A.P. Singh takes over as IAF chief, task cut out

Air Chief Marshal Singh took over from incumbent V.R. Chaudhari Monday afternoon. His top priority will be strengthening the fighting capability of the IAF, it is learnt.

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?