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Monday, September 30, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Singapore’s Lee retains power but ruling party has weakest showing ever

The outcome is a warning to other governments which have faced questions over their handling of a pandemic that has crippled economies around the world.

What Google data tells us about India’s economic recovery

From power consumption to jobs to Google’s mobility trends, the figures show activity has picked up from the record slump registered in April, but the recovery has a long way to go.

Why Boris Johnson cares about obesity after his coronavirus infection

The UK PM believes that being overweight was a factor in his contracting a more severe form of Covid-19. The same connection has been borne out in other countries.

Singapore invokes fake news law to defend its stand on testing migrant workers

The fake news law has been invoked many times in the run-up to the country's election, set for 10 July, as the govt’s response to the virus became a central issue.

China’s era of mega-dams is ending as solar and wind power rise

China’s hydro industry is down-shifting toward smaller projects and pumped storage. Rival energy sources are also deterring the move to more challenging locations.

Australia’s most-populous states to close shared border as Covid cases spike

The decision by the governments of New South Wales and Victoria marks escalation of efforts to contain the virus despite its impact on Australia's economic recovery.

UK to start phasing out of Huawei’s 5G equipment as soon as this year

The move comes as UK's National Cybersecurity Centre concluded that new US sanctions mean Huawei will have to use untrusted technology, which shoots up security risks.

Covid-like virus was sent to Wuhan in 2013, Sunday Times report says

Frozen samples were sent to a Wuhan lab in 2013 after six men clearing out bat feces in a former copper mine in southwest China contracted severe pneumonia.

How Indian factories are trying to overcome labour shortages as economy reopens

Some companies are promising free travel tickets, housing & food to draw workers to urban areas, others are hiring new faces from nearby locations.

Refining industry enters ‘age of consolidation’ with ‘catastrophic’ margins

A refinery thrives on the price difference between crude oil and fuels like gasoline, earning a profit that’s known in the industry as a cracking margin.

On Camera

Drop that cigarette. Smokers are twice as likely to develop skin cancer compared to non-smokers

A noticeable effect of smoking is premature aging. Studies indicate that the skin biopsy of a 40-year-old heavy smoker can resemble that of a 70-year-old non-smoker.

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?