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Saturday, September 28, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Trump’s Surgeon General says ‘please, please, please’ wear mask

Human Services Secretary Alex Azar & US VP Pence also urged wearing a mask, though Pence only said to do so if local authorities recommended it.

With Europe caught in crises, Merkel’s final act will also have to be her biggest

Merkel plays a key role in passing a EU-wide stimulus package that would see the bloc issue as much as 750 billion euros in joint debt to be used by pandemic-hit nations.

Facebook critics target one thing CEO Mark Zuckerberg won’t cede: Control

Diminishing Zuckerberg’s control over Facebook is almost entirely out of the question. The CEO has almost 60% of the company's vote under a special class of shares.

Pompeo’s bid to extend arms embargo on Iran finds pushback at UN

China, Europe and Russia Tuesday disputed a US assertion that it holds the right to reimpose UN sanctions even though it quit the accord in 2018.

UK says only matter of time before Huawei exits 5G network

Culture Secretary Oliver Dowden says the UK welcomes alternative vendors, including South Korea’s Samsung Electronics Co. and Japan’s NEC Corp.

What Hong Kong’s new security law means for business

Continued uncertainty over the law’s implementation, response by protesters and retaliation from US may restrain Hong Kong’s economic recovery from Covid.

Biden leads Trump in poll showing 87% are unhappy with the state of US

While a slim majority believe Trump can handle the economy better, Biden is viewed by more Americans as a good role model, honest and someone who cares.

IMF sees Asia’s economic pain persisting as coronavirus curbs limit recovery

While regional growth is tipped to rebound to 6.6% next year, that won’t be enough to replace all of the output lost due to the crisis. Image is fine

America risks 100,000 daily Covid cases if behaviours don’t change, Fauci says in warning

Infectious diseases expert Dr Fauci pinpointed indoor gatherings, particularly bar scenes, to say the US was going in the wrong direction in tackling the virus.

US says China’s Huawei & ZTE are security threats, bars use of subsidies to buy from them

The security threat designation means service will suffer as small carriers, cut-off from US govt subsidies, will have to shut down parts of their network.

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?