scorecardresearch
Add as a preferred source on Google
Friday, December 12, 2025
TopicBloomberg

Topic: Bloomberg

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.

Prosus-backed PayU to acquire payment gateway company BillDesk for Rs 345 bn

BillDesk, backed by Visa, was one of the pioneers of online payments in India alongside larger rival Paytm. Its services are common especially among retailers in the country.

US ramps up surveillance of highly transmissible Covid variant first detected in India

The B.1.617 variant was detected in US between late February & late March. On 4 May, Centers for Disease Control and Prevention designated it as a variant of interest.

Zhong Shanshan, the lone wolf Chinese tycoon who beat Mukesh Ambani to become Asia’s richest

Zhong Shanshan, chairman of Chinese bottled-water company Nongfu Spring, beat Warren Buffett, Larry Page and Steve Ballmer to become the sixth wealthiest person on earth.

Covid-19 hospitalisations continue to rise in New York, no slowing of rate of positive tests

Travelers from the UK face more restrictions due to a new variant of the virus spreading, with the US insisting arriving Britons have a negative Covid-19 test within 72 hours of departing the country.

China detains Bloomberg News staff member on suspicion of threatening national security

Haze Fan, a Chinese citizen, was last seen Monday while being escorted by plain clothes security officials. Chinese authorities said she is under suspicion of engaging in criminal activities.

Apple suppliers’ exodus from China won’t slow down under Biden

Apple Inc.'s decision to move some production of iPads and MacBooks to Vietnam suggests a longer-term migration that could impact the company & China’s role as a workshop to the world.

India ranks 34th in global Covid resilience survey, placed below Pakistan and Bangladesh

According to the Covid Resilience Ranking by Bloomberg, 12 Asian countries have scored better than India in handling the coronavirus pandemic.

Joe Biden’s Covid advisers say national lockdown not on agenda, will be US’ last resort

Vivek Murthy, former US surgeon general, says locking down the whole country will increase ‘pandemic fatigue’, hurt jobs and economy. Targeted effort is needed.

Days of free unlimited phone storage are numbered. Here are some ways to curb the problem

You can save money by opting for external hard drives, extra memory in the form of a MicroSD card or regularly backing your smartphone up to your computer.

On Camera

IndiGo cancellations made TV news do the unexpected — question the Modi government

Republic TV was the harshest of them all: “The (civil aviation) minister has done a bad job,” said prime time anchor Arnab Goswami.

IndiGo’s profits dipped, most airlines sunk into losses last fiscal even as flier numbers soared

Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.