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Saturday, September 28, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Global Covid death toll will touch 1 million in a few days but real number could be double

Actual fatalities from Covid may be closer to 1.8 million – a toll that could grow to as high as 3 million by the end of the year, Australian expert says.

Two cats in UK get Covid-19 from owners, scientists on alert

There’s no evidence that domestic cats are playing a role in spreading the pandemic, University of Glasgow researchers say in study.

Harley Davidson to discontinue sales and manufacturing operations in India

Harley’s decision comes weeks after Toyota Motor Corp. said it won’t expand further in India due to the country’s high tax regime.

Interest rate policy makers shouldn’t ignore stubborn food price inflation, RBI study says

Focusing on core prices — which strips out volatile food & fuel costs — instead of the retail consumer prices carries the risk of under-predicting inflation.

Trump threatens to veto FDA if it tries to slow down launch of Covid vaccine

FDA officials have indicated they would hold a Covid vaccine to a higher standard than other medications that typically receive emergency waivers from the agency.

Trump refuses to commit to peaceful transfer of power if Biden wins

Trump has been criticizing the legitimacy of mail-in voting, which is being offered in a number of states as officials seek to limit the spread of the Covid at packed polling places.

Byju’s gets another $300 million of investments as it expands to meet soaring demand

Investors are increasing support for India’s edtech startups such as Byju’s as the country’s pandemic challenge spreads and closes schools.

RBI won’t allow rupee to rise sharply despite high consumer inflation, ICICI says

Perception that RBI was cutting dollar purchases was accentuated by comment from policy makers that appreciating rupee had helped tackle imported inflation.

The maths isn’t clear on how much US companies will own in TikTok’s Oracle & Walmart deal

Oracle & Walmart say American investors will control more than 50% of the new TikTok Global. But this is at odds with ByteDance’s insistence that the company will get a 80% stake.

TikTok’s algorithm can’t be trusted even if it is transparent. Here’s why

TikTok makes money by keeping people watching, so it can serve them more ads. To that end, it tracks and collects certain types of user data to better match videos to users.

On Camera

Who is an Indian woman? Laapataa Ladies Oscar entry shows she must be submissive too

The sweeping statements by Film Federation of India Oscar jury dismiss the urban Indian woman’s life, and struggles, as foreign.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

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?