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Thursday, August 28, 2025
TopicBloomberg

Topic: Bloomberg

US may ease sanctions on Venezuelan oil, direct cargoes to itself and Europe

Following an oil supply crunch and historic inflation, the easing of penalties may allow California-based energy corporation Chevron to negotiate resuming operations in Venezuela.

North Korea’s Covid solution may comprise launching missiles in move to flex its muscles

As Biden prepares to visit allies in the region, Kim Jong Un may be planning on showing off North Korea's military might to distract from its 1.7 million Covid-infected citizens.

After disappointing debut listing, LIC investors seek attractive Aramco-Style dividend

Guaranteeing a 3%-4% regular dividend may make LIC investors stay put, but having to hold the shares long-term in a volatile market may make them uncomfortable.

Elon Musk’s Twitter has a cryptocurrency swamp to drain

Musk has promised to drain the network’s swamp of scams, spams & bots — a contradictory goal, given they thrive in the same frictionless hive of communication that makes Twitter's money.

Eight-hour blackouts hit India after hottest March on record

A surge in demand for electricity has prompted states including Punjab, Uttar Pradesh and Andhra Pradesh to cut off supply.

Biden to send US troops to Eastern Europe amid threat of Russian invasion of Ukraine

Speaking to reporters Friday, President Joe Biden added that 'not a lot' of soldiers would be involved 'in the near term' and did not name any countries where troops might be deployed.

How Biden could impact effect of potential war in Ukraine on Europe’s energy crisis

As Biden has warned of severe economic restrictions, one big risk to the flow of gas to Europe would be sanctions cutting Russia off from the ability to trade in foreign currency.

HSBC buys L&T’s investment management unit for Rs 3,200 crore

The latest push comes as HSBC looks to build up the Asian wealth and investment business that is at the forefront of the bank’s turnaround plans.

Ola’s dream of world’s biggest e-scooter factory hits a hurdle

Mass production of Ola's e-scooters is likely to be pushed back until at least January. The firm is struggling with manufacturing and is able to make only as many as 150 units a day.

Can Facebook’s ‘secretive’ image be altered? Its Oversight Board could make a difference

The first-ever 'transparency report' into Facebook could be a golden opportunity for the board to put its foot down on the social media giant's chronic secrecy.

On Camera

Op Sindoor awardees don’t fit traditional gallantry criteria. Redefine parameters for modern wars

The casualty list of the personnel killed or wounded during Op Sindoor has not been formally published. The public has been denied the opportunity to stand by and honour the families of the fallen.

All bets off as online gaming bill shakes industry & key players suspend ‘gambling’ on their platforms

The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation. 

Post-Sindoor, joint doctrine tasks Special Forces with fighting info warfare & countering propaganda

Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.

That Oval Office picture for ages deserves closer Indian reading, with a geopolitical lens

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.