Bloomberg
Bloomberg
Page 643 - Bloomberg
Cash-strapped airlines push for single pilot ops: It's a reckless idea
Booming demand for air travel comes up against shortage of aviators, forcing industry to cut corners.
 "Cash-strapped airlines push for single pilot ops: It's a reckless idea")
What to know about oil trade after Ebrahim Raisi wins Iran elections
The ultraconservative cleric is sceptical of nuclear talks with the West.
 "What to know about oil trade after Ebrahim Raisi wins Iran elections")
Amazon may lose its logistics business under US antitrust legislation
Democrat Pramila Jayapal proposes company be barred from luring sellers to use its logistics services in exchange for preferential treatment on it web store.
 "Amazon may lose its logistics business under US antitrust legislation")
Gates divorce casts harsh glare on trusted $170 billion money manager
Michael Larson won the Microsoft founder's loyalty by delivering consistent returns, often making investments that didn't gel with his charitable endeavours.
 "Gates divorce casts harsh glare on trusted $170 billion money manager")
Apple becomes the latest target of German antitrust crackdown: Report
Federal Cartel Office said it will focus on the App Store and whether Apple has created a dominant business around its iPhone and operating system iOS
 "Apple becomes the latest target of German antitrust crackdown: Report")
China orders Alipay, banks not to assist cryptocurrency trading
Bitcoin declines to two-week low and ether falls 13% as crackdown widens
 "China orders Alipay, banks not to assist cryptocurrency trading")
Britain emerges as a test case in Europe as it attempts to control Covid-19
Levels of infections are now back to their highest since February and the pound is taking a hit on concern a recovery may be slipping further into the future
 "Britain emerges as a test case in Europe as it attempts to control Covid-19")
China orders Meituan billionaire to lie low after poem post sparks fury
The Tang Dynasty poem - describing the burning of books under China's first emperor - was widely seen as anti-establishment
 "China orders Meituan billionaire to lie low after poem post sparks fury")
China's worse-than-Suez ship congestion set to widen global trade chaos
Yantian Port says it will be back to normal by the end of June, but it may take months for the cargo backlog in southern China to clear while the fallout ripples worldwide.
 "China's worse-than-Suez ship congestion set to widen global trade chaos")
A $1-trillion buying spree lets S&P 500 brush off bear warnings
Demand is up across the board, from die-hard day traders piling into meme stocks, to exchange-traded funds and even once-cautious hedge funds now raising leverage to boost exposure
 "A $1-trillion buying spree lets S&P 500 brush off bear warnings")
Sensex posts first weekly decline in four weeks as investors turn cautious
The index fell 0.25 per cent during the week, its first weekly fall since May 14.
 "Sensex posts first weekly decline in four weeks as investors turn cautious")
Metal stocks shed 7% this week in the biggest meltdown in 13 months
Global commodity selloff drags BSE Metal index 7% during the week, most since May 2020
 "Metal stocks shed 7% this week in the biggest meltdown in 13 months")
Paytm looks to raise Rs 12,000 cr via fresh issue of shares, EGM on July 12
Paytm will also propose removing founder Vijay Shekhar Sharma's role as a 'promoter' for the company
 "Paytm looks to raise Rs 12,000 cr via fresh issue of shares, EGM on July 12")
Some commodities have now wiped out all of their 2021 rally: Here's why
Other commodities that have seen their big rallies evaporate include platinum, while once-surging nickel, sugar and even lumber have faltered.
 "Some commodities have now wiped out all of their 2021 rally: Here's why")
AstraZeneca Covid-19 vaccine faces more supply hurdles, now from Thailand
Thailand was slated to receive and administer 6 million AstraZeneca vaccine doses in June but health authorities this week said they would be distributing only 3.5 million of those shots this month
 "AstraZeneca Covid-19 vaccine faces more supply hurdles, now from Thailand")
Sovereign bonds in India signal growing doubts on RBI's easy policy stance
The inflation shock is adding to uncertainty on whether the central bank would stick to its pledge of keeping policy accommodative to support growth after economy was battered by a deadly Covid wave
 "Sovereign bonds in India signal growing doubts on RBI's easy policy stance")
Will a chip czar guarantee China self-sufficiency in semiconductor industry
Liu He will leadthe development of future semiconductor technologies; his position within Xi Jinping's inner circle ensures his recommendations get heard.
 "Will a chip czar guarantee China self-sufficiency in semiconductor industry")
No pomp, no revelry: Tokyo Olympics seem to be weirdest ever for athletes
Athletes will be subject to a three-day quarantine upon arrival and will be required to get tested daily.
 "No pomp, no revelry: Tokyo Olympics seem to be weirdest ever for athletes")
Gautam Adani loses $9 bn in three days in worst wealth rout
The 58-year-old tycoon lost more money this week than anyone else in the world, with his personal fortune tumbling by about $9 billion to $67.6 billion
 "Gautam Adani loses $9 bn in three days in worst wealth rout")
US House votes to scrap 2002 resolution that authorised Iraq war
The White House said in a statement that it supports the House Bill
 "US House votes to scrap 2002 resolution that authorised Iraq war")