Bloomberg
Bloomberg
Page 801 - Bloomberg
China has over a million electric cars, but they are dangerous to drive
The government is doing everything it can to spur sales of new-energy vehicles. First, it should stop them from spontaneously combusting.
 "China has over a million electric cars, but they are dangerous to drive")
Day before Lion Air crash, an off-duty pilot averted disaster on same plane
That extra pilot, who was seated in the cockpit jumpseat, correctly diagnosed the problem and told the crew how to disable a malfunctioning flight-control system and save the plane
 "Day before Lion Air crash, an off-duty pilot averted disaster on same plane")
Bill Gates joins Jeff Bezos as the only two members of the $100 bn club
Gates's fortune, now $100 billion on the nose, hasn't reached such heights since the dot-com boom, when Bezos was only beginning his march up the world's wealth rankings
 "Bill Gates joins Jeff Bezos as the only two members of the $100 bn club")
Silver demand to hit 4-yr high on cash payout to farmers ahead of polls
Silver prices in India have been relatively stable for the last two years, and are about half their 2011 peak
 "Silver demand to hit 4-yr high on cash payout to farmers ahead of polls")
10 days to Brexit: May prepares to ask for more time to reach a deal
Theresa May is drafting a request for more time to reach a deal that will win the endorsement of Britain's skeptical Parliament
 "10 days to Brexit: May prepares to ask for more time to reach a deal")
Agricultural downturn taking toll on mental health of American farmers
As their revenues decline, farmers have piled on record debt -- to the tune of $427 billion
 "Agricultural downturn taking toll on mental health of American farmers")
European Union fines Google $1.69 billion for anti-trust breach
Google fined for illegal misuse of its dominant position in the market for the brokering of online search adverts
 "European Union fines Google $1.69 billion for anti-trust breach")
Deutsche bank merger puts 10,000 jobs at risk in Frankfurt alone
Employee representatives at both lenders paint gloomy picture
 "Deutsche bank merger puts 10,000 jobs at risk in Frankfurt alone")
Trump to finalise $3.7 billion in aid for troubled nuclear reactor project
The plant is seen as critical to the nuclear industry's future because existing reactors are struggling to compete with cheap natural gas and renewable energy
 "Trump to finalise $3.7 billion in aid for troubled nuclear reactor project")
A $580-mn fund executive sees an opportunity in India's real estate turmoil
Indiabulls Group has shifted its focus to office buildings after demand for homes waned. Investor confidence in realty was rocked last year by a series of missed payments by IL&FS Group companies
 "A $580-mn fund executive sees an opportunity in India's real estate turmoil")
Slowing Dragon: Investors wary of China's economic slowdown
About a third of investors polled said that slower growth in China is their biggest concern, replacing trade war risks which had topped the list for nine straight months, according to a survey
 "Slowing Dragon: Investors wary of China's economic slowdown")
Mukesh Ambani may reap rewards from younger brother Anil's telecom woes
Mukesh stepped in to help younger brother Anil pay $80 million in dues to a local unit of Ericsson AB and avert a three-month jail sentence
 "Mukesh Ambani may reap rewards from younger brother Anil's telecom woes")
Economy report card: Animal spirits waiver as election uncertainty looms
Overall activity slightly better than January, but risks lurk
 "Economy report card: Animal spirits waiver as election uncertainty looms")
Climate challenge will be harder than it seems, JPMorgan executive warns
'For Green New Deal advocates: de-carbonizing industrial energy use is more easily said than done,' JP Morgan executive explains
 "Climate challenge will be harder than it seems, JPMorgan executive warns")
It's still a man's world at Hyundai, sole woman director gets short shrift
The trouble is that Hyundai needs deep surgical changes
 "It's still a man's world at Hyundai, sole woman director gets short shrift")
Rupee goes from Asia's worst to best currency as market sees Modi returning
Foreigners bought a net $3.3 billion of shares through March 18, accounting for more than half the $5.6 billion of inflows year-to-date, and raised holdings of bonds by $1.4 billion this month
 "Rupee goes from Asia's worst to best currency as market sees Modi returning")
This Chinese company claims it will beat Tesla to be biggest EV maker
China Evergrande Group, the nation's second-largest property developer, has been moving further away from its real estate roots for years
 "This Chinese company claims it will beat Tesla to be biggest EV maker")
Ericsson teaches Anil Ambani and India's nascent bankruptcy system a lesson
In recovering $80 million from tycoon Anil Ambani, the Swedish company's lawyers played the nascent bankruptcy system expertly
 "Ericsson teaches Anil Ambani and India's nascent bankruptcy system a lesson")
Ex-Obama aide, Princeton prof and labour economist Alan Krueger dies at 58
Recently, as the opioid epidemic drew headlines, he detailed how nearly half of men age 25 to 54 and not in the labor force took pain medication every day
 "Ex-Obama aide, Princeton prof and labour economist Alan Krueger dies at 58")
Africa running out of water as cities see climate change, population boom
Cities and towns in several other African nations including Mozambique, Zimbabwe and Ivory Coast have been plagued by similar water shortages in recent months
 "Africa running out of water as cities see climate change, population boom")