ASIA
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Is India’s auto industry ready to go electric? | DW | 13.05.2022
India’s manufacturing of fuel cell electric vehicles (FCEVs) has kicked off with several automakers rolling out electric cars at a…
Read More » - Finance
Elliott’s London staff set for more responsibility as hedge fund shuts last Asia office
High-profile activist investor Elliott Management is shutting up shop in Asia, according to reports, as the hedge fund’s London office prepares…
Read More » - ECONOMY
Ukraine Latest: EU Postpones Call With Orban Over Oil Sanctions
(Bloomberg) — A video call between the European Union and Prime Minister Viktor Orban to discuss proposed sanctions on Russian…
Read More » - Health
Portugal set to start up Europe’s largest floating solar park
ALQUEVA, Portugal, May 9 (Reuters) – Two tugboats have moved a vast array of 12,000 solar panels, the size of…
Read More » - ECONOMY
Ukraine Latest: Ukraine Rejects Putin’s World War II Comparison
(Bloomberg) — Ukraine rejected on Monday President Vladimir Putin’s attempt to justify Russia’s invasion as an effort to defend the…
Read More » - ECONOMY
Ukraine Latest: Japan to Phase Out Russian Oil; Crude Swings
Japanese Prime Minister Fumio Kishida plans to gradually phase out imports of Russian oil as he joined other Group of…
Read More » - ECONOMY
Ukraine Latest: Mariupol Siege Dwindles to Plant’s ‘Dead Men’
Group of Seven leaders pledged to ban Russian oil imports, even as Hungary held out against a European Union energy…
Read More » - ECONOMY
A Luxurious Yet Simple Egg Dish for Mother’s Day Brunch
Mothers, expect major displays of appreciation this year. Americans celebrating the holiday are expected to spend $31.7 billion this year,…
Read More » - ECONOMY
Ukraine Latest: Chelsea Deal; NATO Calls for More Modern Weapons
(Bloomberg) — NATO Secretary General Jens Stoltenberg has called on the West to supply more modern weapons to Ukraine, saying…
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Modi Faces a Dilemma: Keep Indian Voters Happy or Feed the World
(Bloomberg) — A growing food security threat is set to push Indian Prime Minister Narendra Modi into a conundrum: continue…
Read More » - ECONOMY
Ukraine Latest: EU Confident Of Reaching Deal To Ban Russian Oil
(Bloomberg) — European Commission President Ursula von der Leyen expressed confidence that the European Union will reach a deal on…
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Ukraine Latest: Donors Pledge $6.5 Billion; German Leader Calls
(Bloomberg) — International donors gathered in Warsaw Thursday pledged a total $6.5 billion in humanitarian aid for Ukraine as it…
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Andurand’s Lewis Calls Out ‘Simplistic’ Carbon Math: ESG Update
(Bloomberg) — Mark Lewis, head of climate research at Andurand Capital, said investment managers looking at coal companies in Europe…
Read More » - ECONOMY
To Avoid Default, Sri Lanka Might Need to Get Tougher on Climate Change
(Bloomberg) — Sri Lanka is hurtling toward a default of its international debt and needs to restructure. Its government may…
Read More » - ECONOMY
Germany Invites India to G-7 in Bid to Isolate Russia’s Putin
German Chancellor Olaf Scholz invited Indian Prime Minister Narendra Modi to a Group of Seven leaders’ summit next month as…
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Asia’s Richest Man Is Said to Scout for Indian Media Assets
(Bloomberg) — Indian billionaire Gautam Adani is seeking to boost his media investments in an ambitious expansion plan, according to…
Read More » - ECONOMY
Ukraine Latest: U.S. Gives Sweden, Finland Security Assurances
(Bloomberg) — Finland and Sweden are getting security assurances from the U.S. if threatened by Russia if they apply to…
Read More » - Tech
These are the five most extreme heatwaves since records began
Two of the world’s five most extreme heatwaves occurred in the US, with the others in South-East Asia, Brazil and…
Read More » - Health
U.S. plastic recycling rate drops to close to 5% – report
WASHINGTON, May 4 (Reuters) – The rate of plastic waste recycling in the United States fell to between 5%-6% in…
Read More » - ECONOMY
HSBC Split Is a Surefire Way to Destroy Value
(Bloomberg Opinion) — East-West relations are a growing problem for HSBC Holdings Plc, the bank with feet planted equally in each…
Read More » - ECONOMY
Ukraine Latest: U.S. Spells Out Its Weapons Training in Germany
(Bloomberg) — The European Union proposed a ban on Russian crude oil phased in over the next six months, part…
Read More » - ECONOMY
Travel Hacks for the Super Rich, From Bling Empire’s Christine Chiu
(Bloomberg) — At Bloomberg Pursuits, we love to travel. And we always want to make sure we’re doing it right.…
Read More » - ECONOMY
Toyota Facing End Of the Road on EV Tax Credits
(Bloomberg) — Toyota Motor Corp. is inching closer to using up a key U.S. tax credit for hybrid and electric…
Read More » - ECONOMY
Germany to Woo India With G-7 Invite in Bid to Isolate Putin
German Chancellor Olaf Scholz plans to invite Indian Prime Minister Narendra Modi as special guest to a Group of Seven…
Read More » - ECONOMY
In Markets, the Spring of Our Discontent Is Happening
Great poetry can lead to some inaccurate cliches. Any number of winters are dubbed a “winter of discontent,” for example.…
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Germany to Woo India With G-7 Invite in Push to Isolate Russia
German Chancellor Olaf Scholz plans to invite Indian Prime Minister Narendra Modi as special guest to a Group of Seven…
Read More » - ECONOMY
Can the World Feed Itself? Historic Fertilizer Crunch Threatens Food Security
(Bloomberg) — For the first time ever, farmers the world over — all at the same time — are testing…
Read More » - ECONOMY
America Must Work Harder for Homegrown Talent
(Bloomberg Opinion) — In 1943, Winston Churchill delivered a speech at Harvard University declaring that “the empires of the future…
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JBS Eyes Growing Halal Food Market With Middle East Expansion
(Bloomberg) — JBS SA, the world’s largest meat supplier, is expanding in the Middle East and North Africa, buying two…
Read More » - ECONOMY
Aluminum Orders Stall as U.S. Buyers Fear Looming Recession
(Bloomberg) — Aluminum buyers in the U.S. are holding off inking new orders over fears that rising inflation and crumbling…
Read More » - ECONOMY
Insurance Startup Turtlemint Nears Unicorn Status With New Round
(Bloomberg) — India’s Turtlemint raised $120 million in a round led by Amansa Capital, Jungle Ventures and Nexus Venture Partners,…
Read More » - ECONOMY
India Faces Record Heat Waves: ‘The Only Reason Is Global Warming’
The South Asian nation is bracing for temperatures to rise to a record high, according to Mrutyunjay Mohapatra, head of…
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Ukraine Latest: Germany Won’t Block Oil Embargo; Kyiv Struck
(Bloomberg) — Germany signaled it wouldn’t oppose a European Union embargo on Russian oil, but expressed skepticism that it’s the…
Read More » - ECONOMY
China Faces Bleak Holiday Season as Covid Zero Disrupts Travel
(Bloomberg) — Chinese holidaymakers face another holiday season ruined by virus outbreaks and controls, with the government’s stringent Covid Zero…
Read More » - ECONOMY
Outpouring of Resentment on Chinese Social Media Is Overwhelming Censors
(Bloomberg Businessweek) — In the early hours of April 14, the Chinese Communist Party’s social media strategy went off the…
Read More » - ECONOMY
The Best Bar in Asia Is Coa in Hong Kong. Once Again
The bar, which also took the No. 1 ranking from Asia’s 50 Best Barslast year, highlights agave spirits; the name is drawn from…
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KKR Seeks to Take Hitachi Transport Private in $5.2 Billion Deal
(Bloomberg) — KKR & Co. unveiled a tender offer to take Hitachi Transport System Ltd. private in a deal valued…
Read More » - ECONOMY
Putin’s Autarky Choice Is Between Stalin and Hitler
(Bloomberg Opinion) — Two months after Vladimir Putin ordered an invasion of Ukraine, it’s clear there will be no quick return to…
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What’s the Mysterious Liver Disease Hurting Children?: QuickTake
(Bloomberg) — An outbreak of acute hepatitis — an inflammation of the liver — in children has killed at least…
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China’s Biggest Covid Failure Is Not Deploying an mRNA Vaccine
(Bloomberg Businessweek) — Weeks into a Covid-19 outbreak in Shanghai that brought China’s financial hub to a standstill, the government…
Read More » - ECONOMY
A Powerful Dynasty Bankrupted Sri Lanka in Just 30 Months
(Bloomberg) — Ahead of the November 2019 election, Sri Lankan presidential challenger Gotabaya Rajapaksa proposed sweeping tax cuts so reckless…
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GE and 3M Lead Worry Parade on the Economy
(Bloomberg Opinion) — Soothing words on the economy were in short supply on a jam-packed day for industrial earnings reports…
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Hitachi to Unveil Transport Unit Stake Sale to KKR This Week
(Bloomberg) — Hitachi Ltd. has decided to sell its 40% holding in Hitachi Transport System Ltd. shares to KKR &…
Read More » - ECONOMY
Singapore Finally Gets Its Covid ‘Happy Day’
(Bloomberg Opinion) — Singapore is shedding key pieces of its pandemic armor with relative alacrity. While officials have long been…
Read More » - ECONOMY
Don’t Pop That Cypto-Cork Just Yet on Wine NFTs
(Bloomberg) — Pricey Fleur de Miraval rosé Champagne is Brad Pitt’s latest wine baby. The second release (ER2) was poured…
Read More » - ECONOMY
Biden’s Solar Plans Run Into a Chinese Wall
(Bloomberg Opinion) — A new and unexpected obstacle to President Joe Biden’s green ambitions has emerged: a tiny solar-power company based…
Read More » - ECONOMY
Taiwan Clears Goldman Sachs, UBS After Probe of TSMC Share Sales
(Bloomberg) — Taiwan’s financial regulator cleared 10 foreign brokerages of misleading investors following a probe into their sales of Taiwan…
Read More » - ECONOMY
Alzheimer’s Trials Exclude Black Patients at ‘Astonishing’ Rate
(Bloomberg Businessweek) — Black people are about twice as likely to develop Alzheimer’s disease as White people, but for years…
Read More » - Tech
Dingo genome suggests Australian icon not descended from domestic dogs
A new analysis helps to unravel the mystery of the Australian dingo’s origins by showing that it is probably descended…
Read More » - ECONOMY
Why the Solomon Islands’ China Pact Has U.S. Riled
(Bloomberg) — The Solomon Islands has sent shock waves across the Pacific by signing a security cooperation pact with China.…
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/cloudfront-us-east-2.images.arcpublishing.com/reuters/IJ4DBE3ZU5IYXDBFYUPMNDBCMM.jpg "Portugal set to start up Europe's largest floating solar park 4")
/cloudfront-us-east-2.images.arcpublishing.com/reuters/UAYWDOP5CFOERNVTZIZXDGKKQE.jpg "U.S. plastic recycling rate drops to close to 5% - report 25")
