WWTOPEU
- ECONOMY
Winning Innovations From the Global Mayors Challenge
The 15 winners were picked out of 631 applicant cities for their work creating ambitious urban innovations in the wake…
Read More » - ECONOMY
Olympic Ticket Sales Halted; Hong Kong Arrests: Virus Update
(Bloomberg) — China halted ticket sales to the general public for the 2022 Winter Olympics and instead will invite groups…
Read More » - ECONOMY
China Property Bond Losses Pass $82 Billion: Evergrande Update
(Bloomberg) — China’s debt-saddled property developers have seen their offshore bonds lose $82 billion in value, and more losses and…
Read More » - ECONOMY
‘Tough’ Weeks Ahead in U.S.; Tokyo Weighs Curbs: Virus Update
U.S. Surgeon General Vivek Murthy defended the Biden administration’s response to the omicron surge, conceding though that health officials need…
Read More » - ECONOMY
U.S. Faces ‘Tough’ Weeks Ahead; Djokovic Departs: Virus Update
U.S. Surgeon General Vivek Murthy defended the Biden administration’s response to the omicron surge, conceding though that health officials need…
Read More » - ECONOMY
One of the World’s Wealthiest Oil Exporters Is Becoming Unlivable
Trying to catch a bus at the Maliya station in Kuwait City can be unbearable in the summer. About two-thirds…
Read More » - ECONOMY
Investors Search for Safe Havens as Omicron Takes Hold in Asia
(Bloomberg) — The threat of the omicron variant is becoming real for many of Asia’s biggest countries just as it…
Read More » - ECONOMY
Singapore Workers Risk Jobs; Tokyo Cases Surge: Virus Update
Workers in Singapore who haven’t been inoculated risk losing their jobs, Covid-19 infections rose in Tokyo while Hong Kong will…
Read More » - ECONOMY
Biden Forms Task Force, Faces Criticism Over Surge: Virus Update
The Biden administration has assembled a group that will prepare new countermeasures for the emergence of future Covid-19 variants and…
Read More » - ECONOMY
How a Country Joins NATO (and Why Putin Cares)
(Bloomberg) — Russian President Vladimir Putin’s massing of troops on Ukraine’s border has sparked a standoff with the West and…
Read More » - ECONOMY
Whipped-Up Nasdaq Volatility Is New Gut Check for Bottom Feeders
(Bloomberg) — Is it lion-like courage, or sheep to the slaughter? That’s the question for retail dip-buyers who keep hurling…
Read More » - ECONOMY
Why Kazakhstan Protests Reverberate Beyond the Region
(Bloomberg) — Anti-government protests that roiled Kazakhstan in January were sparked not just by fuel-price increases but also unrest over…
Read More » - ECONOMY
Europe Sees ‘New Normal’ of Constant Russia Tensions on Doorstep
(Bloomberg) — European powers are increasingly worried that even if Russian President Vladimir Putin doesn’t invade Ukraine he’ll create a…
Read More » - ECONOMY
How Europe Has Become So Dependent on Putin for Gas
(Bloomberg) — Europe’s relations with Russia are close to their lowest point in decades. Yet now President Vladimir Putin’s willingness…
Read More » - ECONOMY
Netflix Needs New Subscribers. Its Korean Playbook Is Its Secret Weapon.
(Bloomberg) — It took “Squid Game” just four weeks this past fall to become the most-watched Netflix Inc. show ever released…
Read More » - ECONOMY
German Cases Soar; Stranded Hong Kong Bankers: Virus Update
(Bloomberg) — Germany reported record new coronavirus cases for the third straight day as the highly transmissible omicron variant swept…
Read More » - ECONOMY
Citi to Sell Southeast Asian Assets in $3.6 Billion Deal
(Bloomberg) — Citigroup Inc. agreed to sell consumer-banking businesses in Indonesia, Malaysia, Thailand and Vietnam to United Overseas Bank Ltd.…
Read More » - ECONOMY
Country Garden Drop Weighs on Property Stocks: Evergrande Update
(Bloomberg) — Shares of Country Garden Holdings Co. fell for a third day after China’s largest developer reportedly failed to…
Read More » - ECONOMY
Armenia, Turkey Seek to Ease Decades of Enmity With Border Talks
(Bloomberg) — The success of talks that begin Friday in Moscow to normalize ties between Armenia and Turkey can be…
Read More » - ECONOMY
Afghanistan’s Economy Is Collapsing as Cash Disappears
(Bloomberg Businessweek) — Just weeks after the last U.S. troops left Afghanistan, a cash crisis has crippled its already feeble…
Read More » - ECONOMY
Wall Street’s Shift South Runs Into Texas, Florida Culture Wars
(Bloomberg) — Wall Street’s trip down south to Texas and Florida — where taxes are lower, regulators friendlier, real estate…
Read More » - ECONOMY
Law Firm at Center of Pandora Helped Global Rich Hide Money
(Bloomberg) — Two decades ago, Jaime Aleman was looking to re-establish Panama’s reputation as a stable business center following the…
Read More » - ECONOMY
Elliott Co-CEO Says Rising Rates Threaten Equities Bull Run
(Bloomberg) — The co-head of activist investor Elliott Investment Management said rising interest rates and inflation threaten to put an…
Read More » - ECONOMY
Ex-Credit Suisse Trader Lemssouguer Plans $1 Billion Fund Launch
(Bloomberg) — Hamza Lemssouguer, a former top debt trader at Credit Suisse Group AG, is raising hundreds of millions of…
Read More » - ECONOMY
J&J, Astra Seek FDA Approval; Singapore Travel: Virus Update
(Bloomberg) — Johnson & Johnson is seeking U.S. backing for a booster dose of its one-shot vaccine after data showed…
Read More » - ECONOMY
Fund Giants Big on Equality Struggle to Fix U.K. Gender Pay Gaps
(Bloomberg) — The world’s largest money managers are clamping down on firms they’re invested in to make them narrow the…
Read More » - ECONOMY
U.K. Services Prices Jump at Record Pace on Supply-Chain Woes
(Bloomberg) — The prices paid by customers in the U.K. services sector rose at the fastest pace on record last…
Read More » - ECONOMY
How Putin’s Advisers Convinced Him to Take Climate Risks Seriously
(Bloomberg) — After years of publicly dismissing climate change, President Vladimir Putin is finally prodding officials to take the threat…
Read More » - ECONOMY
Global Energy Crisis Is the First of Many in the Clean-Power Era
(Bloomberg) — The world is living through the first major energy crisis of the clean-power transition. It won’t be the…
Read More » - ECONOMY
Law Firm At Center of Pandora Helped Global Rich Hide Billions
(Bloomberg) — Two decades ago, Jaime Aleman was looking to reestablish Panama’s reputation as a stable business center following the…
Read More » - ECONOMY
Teva Recalls U.S.-Made Drugs Following Contamination Fears
(Bloomberg) — Teva Pharmaceutical Industries Ltd., one of the largest generic-drugmakers in the world, has recalled more than 2.5 million…
Read More » - ECONOMY
The Real Cost of U.S. Debt Is Nearer the Floor Than the Ceiling
(Bloomberg) — U.S. politicians are locked in a huge fight over something that more and more people in the financial…
Read More » - ECONOMY
Christmas at Risk as Supply Chain ‘Disaster’ Only Gets Worse
(Bloomberg) — It’s the beginning of October, just the start of what the retail world simply calls “peak.” But the…
Read More » - ECONOMY
Jamie Dimon Defends His Pay in Axios Sitdown After New Award
(Bloomberg) — JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, granting an interview to Axios’s HBO program to discuss…
Read More » - ECONOMY
BioNTech Sees New Vaccine Need; Japan in Talks: Virus Update
(Bloomberg) — BioNTech SE Chief Executive Officer Ugur Sahin, whose company developed the first Covid-19 vaccine along with Pfizer Inc.,…
Read More » - ECONOMY
SoftBank Is Cutting More Deals With Fewer Staff Than Ever Before
(Bloomberg) — Masayoshi Son has sharply accelerated the pace of his startup investments this year, quintupling the number of companies…
Read More » - ECONOMY
This Is What Europe’s Green Future Looks Like
(Bloomberg) — Green Europe will be built on rammed-earth walls, wooden pillars and recycled shipping containers — at least according…
Read More » - ECONOMY
Biden Mourns 700,000 Deaths; Alaska Crisis Deepens: Virus Update
President Joe Biden marked the “painful milestone” of 700,000 U.S. deaths from Covid-19, saying it’s a reminder for Americans to…
Read More » - ECONOMY
How a Silk Necktie Company Built a Cult Following Out of a Tiny Naples Shop
(Bloomberg Businessweek) — Anyone strolling along Piazza Vittoria in Naples might be forgiven for missing the tiny shop crouching beneath…
Read More » - ECONOMY
East African Flower Demand Jumps as Fuel Costs Hobble Europe
Europe’s gas shortages have boosted demand for flowers from East Africa, although Kenya, a major producer, is struggling to grasp…
Read More » - ECONOMY
Singapore Sets Record; U.S. Deaths Near 700,000: Virus Update
Singapore set another record for daily Covid-19 infections. China is asking city governments to create specialized quarantine facilities that can…
Read More » - ECONOMY
U.S. Deaths Near 700,000; Shot Mandates Close In: Virus Update
(Bloomberg) — The U.S. is nearing 700,000 fatalities from Covid-19, a milestone marked by the spread of the delta variant…
Read More » - ECONOMY
Airlines Are Ripping Out Business Seats to Create a New Middle Class
(Bloomberg Businessweek) — For decades, ferrying tourists to vacation destinations has helped major airlines cover basic costs, but the front…
Read More » - ECONOMY
U.S. Outbreak Slows; NYC Teachers Go to Top Court: Virus Update
(Bloomberg) — New York City public school employees are asking the U.S. Supreme Court to halt the city’s Covid-19 vaccine…
Read More » - ECONOMY
China’s Boozy Work Culture Fuels #MeToo Outcry at Alibaba, Didi
(Bloomberg Businessweek) — Erine joined the Chinese ride-hailing service Didi Global Inc. in 2020, she says, attracted by the opportunity…
Read More » - ECONOMY
Beijing Olympics to Allow Local Fans; Tokyo Eases: Virus Update
(Bloomberg) — The 2022 Winter Olympics in Beijing will only allow spectators who live in mainland China, setting looser virus…
Read More » - ECONOMY
Calpers, Carlyle Ignite ESG Data Push for $4 Trillion of Funds
(Bloomberg) — Investors overseeing more than $4 trillion are banding together to standardize data on environmental, social and governance performance…
Read More » - ECONOMY
U.S, EU Vow Cooperation on Trade, Technology in Diplomatic First
(Bloomberg) — The U.S. and the European Union agreed to work together to shape the rules and standards around crucial…
Read More » - ECONOMY
Silicon Valley Answer to the EV Question Calls for Less Silicon
(Bloomberg) — As automakers scramble to make electric vehicles with longer ranges and speedier charging times, the chip industry has…
Read More » - ECONOMY
Rich Nations Pitch Climate Aid to Fund South Africa Coal Exit
Envoys from some of the world’s richest nations met with South African cabinet ministers on Tuesday to discuss a climate…
Read More »
