Bloomberg
Bloomberg
Page 586 - Bloomberg
India houses half of all people vulnerable to life-threatening heat
The researchers found that more than half the people on Earth who face life-threatening heat stress caused by climate change live in India
 "India houses half of all people vulnerable to life-threatening heat")
SpiceJet's Ajay Singh plans fleet expansion as carrier nears break-even
SpiceJet chairman Ajay Singh expects his cargo business to reach $1 billion in revenue in two to three years.
 "SpiceJet's Ajay Singh plans fleet expansion as carrier nears break-even")
India's cryptocurrency market grew 641% over past year, says report
India has a 59% share of activity taking place on decentralized finance (DeFi) platforms, with Pakistan at 33%, the report said
 "India's cryptocurrency market grew 641% over past year, says report")
Bitcoin tops $50,000 as BofA says crypto 'too large to ignore'
The rally brings prices to the highest since early September, when El Salvador rolled out the cryptocurrency as legal tender
 "Bitcoin tops $50,000 as BofA says crypto 'too large to ignore'")
J&J seeks FDA's approval for Covid-19 vaccine booster shot in adults
If authorized, J&J's booster could give millions more Americans additional protection against the coronavirus
 "J&J seeks FDA's approval for Covid-19 vaccine booster shot in adults")
Here are assets JPMorgan says are vulnerable to commodity-fueled inflation
Technology stocks and emerging-Asian markets are among those most at risk, while cyclical shares and the assets of energy-exporting nations are seen as possible havens
 "Here are assets JPMorgan says are vulnerable to commodity-fueled inflation")
Japanese stocks extend losing streak as new premier underwhelms
The blue-chip measure closed 2.2% lower, capping its worst longest losing streak since May 2019 and extending its loss from a September high to 9.3%
 "Japanese stocks extend losing streak as new premier underwhelms")
Global tech stock rout worsens as China index set for record low
The Hang Seng Tech Index, which officially started in July last year, dropped as much as 2.5% to slip below the previous closing low on Aug. 20
 "Global tech stock rout worsens as China index set for record low")
China orders banks to ramp up funding to boost coal, electricity output
Banks and other financial institutions should prioritize lending to qualified mines and power plants so they can increase thermal coal and electricity output
 "China orders banks to ramp up funding to boost coal, electricity output")
AstraZeneca seeks US emergency approval for Covid-19 antibody cocktail
The cocktail can supplement vaccines for people who haven't mounted a strong response to the shots -- or to protect those who couldn't be immunized
 "AstraZeneca seeks US emergency approval for Covid-19 antibody cocktail")
Energy crisis: India says coal crisis could drag on as long as six months
More than half the nation's plants are on alert for outages after surging electricity demand and a slump in local coal output eroded stockpiles
 "Energy crisis: India says coal crisis could drag on as long as six months")
Millions of users flock to Signal and Telegram after Facebook outage
Millions of new users joined the Edward Snowden-endorsed Signal on Monday, it said on Twitter
 "Millions of users flock to Signal and Telegram after Facebook outage")
Here's what Facebook says triggered the massive outage on its apps
"This disruption to network traffic had a cascading effect on the way our data centers communicate, bringing our services to a halt," the company's engineering team wrote in a blog post Monday night
 "Here's what Facebook says triggered the massive outage on its apps")
Global energy crisis is the first of many in the clean-power era
The shortages jolting natural gas and electricity markets from the U.K. to China are unfolding just as demand roars back from the pandemic
 "Global energy crisis is the first of many in the clean-power era")
Address this: Facebook's 6-hour outage likely caused by simple tech problem
Not only did Facebook's primary platforms go down, but so too did some of its internal applications, including the company's own email system
 "Address this: Facebook's 6-hour outage likely caused by simple tech problem")
Zuckerberg loses $7 bn in hours as Facebook crash takes down firm's stock
Facebook CEO's worth down to $120.9 billion, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index.
 "Zuckerberg loses $7 bn in hours as Facebook crash takes down firm's stock")
Covid-19 pandemic: EU panel backs booster shots of Pfizer, Moderna
Those ages 18 and older can get a third dose of the Pfizer vaccine, developed with BioNTech SE, at least six months after their second shot, the European Medicines Agency said in a statement Monday
 "Covid-19 pandemic: EU panel backs booster shots of Pfizer, Moderna")
China relaxes coal mine safety norms on deepening energy crisis
A shortage of coal heading into winter has sent prices in China and around the world surging to record levels
 "China relaxes coal mine safety norms on deepening energy crisis")
Evergrande Group's trading halted in Hong Kong as debt test looms
Uncertainty over firm's over $300-bn debt load continues to plague investors
 "Evergrande Group's trading halted in Hong Kong as debt test looms")
IATA predicts airlines will lose over $200 bn due to Covid by 2022-end
The combined $201 billion in net losses over the pandemic-blighted period eclipses close to nine years of industry earnings, based on IATA figures
 "IATA predicts airlines will lose over $200 bn due to Covid by 2022-end")
