Bloomberg
Bloomberg
Page 778 - Bloomberg/reuters
Suzlon Energy to offer India banks 68% haircut on debt restructure deal
The fresh proposal follows an assessment by Suzlon's rating company, on how much debt can be sustainably recast. A meeting with creditors is planned for next week, one person said
 "Suzlon Energy to offer India banks 68% haircut on debt restructure deal")
The top five: These are the world's safest and most punctual airlines
Qantas Airways was named safest airline in the world on a top-20 list published by AirlineRatings.com
 "The top five: These are the world's safest and most punctual airlines")
Hong Kong's iconic HSBC lion statues caught in protest cross hairs
The lions were confiscated by Japanese during World War II and shipped to Japan to be melted down. They were rescued in 1945 from Osaka dockyard and restored to their former positions following year
 "Hong Kong's iconic HSBC lion statues caught in protest cross hairs")
Amazon threatened to fire climate activists, says employee group
Jaci Anderson, an Amazon spokesperson, said that the company's external communications policy isn't new.
 "Amazon threatened to fire climate activists, says employee group")
Artificial intelligence can spot breast cancer better than doctors: Google
Google is also training artificial intelligence to help determine whether a patient is likely to live or die, mining thousands of data points to help make predictions about outcomes.
 "Artificial intelligence can spot breast cancer better than doctors: Google")
Carlos Ghosn says his family played no role in his escape from Japan
"I alone organised my departure," Ghosn said in a statement issued through French public relations firm Image7.
 "Carlos Ghosn says his family played no role in his escape from Japan")
Nissan's shock turns to dread as Carlos Ghosn readies media blitz
Ghosn's vanishing act throws up a distraction just when the new CEO needs to be laser focused.
 "Nissan's shock turns to dread as Carlos Ghosn readies media blitz")
Bosch likely to cut around 2,000 jobs in India amid auto sales slump
Carmakers will shed 80,000 jobs across the world in the coming years
 "Bosch likely to cut around 2,000 jobs in India amid auto sales slump")
China halts a tie-up between Shanghai and London stock exchanges
The suspension signals deteriorating relations between the UK and China, at a time when British PM Boris Johnson's government aims to strengthen trading ties with the world's second-largest economy
 "China halts a tie-up between Shanghai and London stock exchanges")
Coal India posts first decline in annual shipments in at least six years
Shipments fell 3.8 per cent in 2019 from a year ago to 580.8 million tonnes, according to Bloomberg calculations based on data from the state-run company dating back to 2013
 "Coal India posts first decline in annual shipments in at least six years")
India isn't winning friends with its openly aggressive lurch to the right
The Indian government is behaving like Viktor Orban of Hungary or Donald Trump himself in its happy embrace of the global right.
 "India isn't winning friends with its openly aggressive lurch to the right")
Tesla's China-made cars arrive in Shanghai as firm taps key market
Musk is counting on the China plant to help build on recent momentum for the company in the world's largest market both for EVs and autos
 "Tesla's China-made cars arrive in Shanghai as firm taps key market")
For French champagne makers, Trump tariff threat is not the only worry
The US, the second-biggest overseas destination, is threatening 100 per cent tariffs on the drink in response to a French digital-services tax affecting the likes of Alphabet's Google and Amazon.com
 "For French champagne makers, Trump tariff threat is not the only worry")
Insurance to futures, China's $45 trn finance industry is set to open up
President Xi Jinping is seeking to cushion the world's No. 2 economy against the steepest slowdown since the early 1990s
 "Insurance to futures, China's $45 trn finance industry is set to open up")
China's own Bitcoin: A roller-coaster ride for money, politics is beginning
The digital yuan can disrupt both traditional banking and the post-Bretton Woods system of floating exchange rates.
 "China's own Bitcoin: A roller-coaster ride for money, politics is beginning")
How India's economy came back down to earth in just a year's time
India may yet reclaim its mantle as the next big thing, albeit a toned-down and more durable version
 "How India's economy came back down to earth in just a year's time")
China scraps benchmark lending rate to liberalise financial system
The LPR, revamped to become the benchmark for new loans this year, is based on the interest rate for one-year loans
 "China scraps benchmark lending rate to liberalise financial system")
Joe Biden says he will refuse to testify at Trump's impeachment trial
Biden said earlier this month that he would not testify, saying it would allow lawmakers to "take their eye off the ball" instead of focusing on Trump's actions
 "Joe Biden says he will refuse to testify at Trump's impeachment trial")
US denies reports of seeking 20% troop funding boost from South Korea
The deal, known as the Special Measures Agreement, technically expires at the end of this year. But both sides are likely to agree to some sort of temporary extension as they negotiate
 "US denies reports of seeking 20% troop funding boost from South Korea")
Putin's Russia is 20 years old and stronger than ever. or is it?
While Putin has repeatedly ruled out amending the constitution to allow another term, most recently during his annual press conference, no other option for staying in power, if that's what he does
 "Putin's Russia is 20 years old and stronger than ever. or is it?")