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Sunday, September 29, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Australia to open borders for one group: International students

Australia’s higher education sector has become increasingly reliant on overseas students with 40% of revenue coming from the higher fees they are charged.

Experimental vaccine from Pfizer & BioNtech shows promise in early test

Two shots of the Pfizer and BioNtech vaccine produced ‘significant levels of virus neutralising antibody’, a top researcher said.

Why India’s growing economic reliance on China will be tough to break

India buys everything from electronics to key drug ingredients to industrial machinery from China and reducing that reliance won’t be easy, experts say.

How Biden can punish Putin, if Trump does not

Joe Biden should announce that, if elected president, he would designate the Russian intelligence agency, GRU, as a foreign terrorist organization.

Things are terrible at Airbus, but at least it’s not Boeing

Boeing had $9 billion in negative shareholder equity at the end of March, and $39 billion of indebtedness.

Quantum chemist Angela Merkel has finally become Europe’s leader

There's consensus in Berlin that Merkel's connection with European integration is cerebral, not emotional. Covid seems to have changed that.

Xi’s power play in Hong Kong puts China ever more at odds with the West

Chinese President Xi Jinping sidelined Hong Kong’s leaders in shaping the city’s most important legislation since Beijing took control of the former British colony in 1997.

China says new security law in Hong Kong hangs ‘Sword of Damocles’ over critics

The law will let Chinese security agents operate in Hong Kong and also give leader Carrie Lam the power to pick judges to hear national security matters.

Why Singapore is leaving little to chance in general election amid Covid

The polls will be a referendum on PM Lee Hsien Loong’s handling of the Covid crisis. A big spike in cases might require fresh restrictions that will hurt the economy.

Boeing withheld data on 737 Max system linked to deadly crashes, probe finds

Boeing’s best-selling jet has been grounded since March 2019 after the second of two crashes that killed a total of 346 people.

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?