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Bloomberg
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Ford Motor pulls the plug on plans to cede India business to Mahindra
Ford took a $799 million impairment charge in 2019 in anticipation of the asset transfer to Mahindra to account for what it called fair value less cost to sell
 "Ford Motor pulls the plug on plans to cede India business to Mahindra")
Cryptocurrency-linked stocks surge as Bitcoin hits $23,000 milestone
Early Thursday stock gains included Marathon Patent Group's rise of as much as 20 per cent, lifting shares to the highest since March 2018
 "Cryptocurrency-linked stocks surge as Bitcoin hits $23,000 milestone")
Riot-hit iPhone supplier Wistron hired more than it could handle: Report
The rapid expansion stretched the company's systems and sapped the bandwidth of its management team
 "Riot-hit iPhone supplier Wistron hired more than it could handle: Report")
Moderna discards 400,000 Covid-19 vaccines, says will meet production goal
The loss is somewhat of a drop in the bucket for Moderna's overarching objective of producing 500 million to 1 billion doses in 2021
 "Moderna discards 400,000 Covid-19 vaccines, says will meet production goal")
Trade war, pandemic no bar as foreign investment keeps pouring into China
For all the talk of an economic decoupling between China and the US and its allies, foreign companies continue to pour money into the Asian nation
 "Trade war, pandemic no bar as foreign investment keeps pouring into China")
Real-estate investors face gloom as world CFOs prepare to downsize offices
Hundreds of corporate executives tracked in earnings calls around the world in the past five months addressed the urgency to cut real-estate costs
 "Real-estate investors face gloom as world CFOs prepare to downsize offices")
Global investors are dumping Indian bonds. Blame it on slow pace of reforms
While financing costs have remained subdued this year, the risk is that the growing supply of Indian bonds begins to outstrip local demand
 "Global investors are dumping Indian bonds. Blame it on slow pace of reforms")
Move over bonds. It is stocks' turn in spotlight of emerging markets
Bonds have been the most profitable asset class in emerging markets over the past decade, beating stocks in volatility-adjusted returns almost every year except 2017
 "Move over bonds. It is stocks' turn in spotlight of emerging markets")
How a 10 billion-tree plan is restoring Pakistan's lost forests
Pakistan is among the six countries that face the biggest impact from climate change, according to the United Nations, with risks of floods, melting glaciers and droughts
 "How a 10 billion-tree plan is restoring Pakistan's lost forests")
What happens when business tycoons abandon their giant cargo ships
Covid-19 has wrought havoc everywhere, but in the nominally regulated shipping industry it's fueling a worrying practice: the abandonment of ships, cargo and seafarers with no way to get home
 "What happens when business tycoons abandon their giant cargo ships")
US nuclear agency, three states, Microsoft attacked by Russian hackers
The hack of the nuclear agency was reported earlier by Politico. Microsoft spokesman said the company had found malicious code in its environment
 "US nuclear agency, three states, Microsoft attacked by Russian hackers")
Bitcoin tops $23,000; may climb to about $400,000, says analyst
The digital coin jumped more than 9 per cent on Thursday, touching a high of $23,256.92, according to a composite of prices compiled by Bloomberg
 "Bitcoin tops $23,000; may climb to about $400,000, says analyst")
Robinhood to pay $65 million to settle SEC charges of misleading customers
The case involves disclosures from 2015 to late 2018 by a Robinhood unit, according to a Thursday SEC statement
 "Robinhood to pay $65 million to settle SEC charges of misleading customers")
Citigroup to offer workers a 12-week sabbatical amid Covid-19 pandemic
Staffers also will be able to buy as many as five extra vacation days annually starting next year
 "Citigroup to offer workers a 12-week sabbatical amid Covid-19 pandemic")
Anil Agarwal eyeing Indian disinvestment program with a $10 bn war chest
Agarwal made a fortune buying state companies and fixing them up, building a metals and mining powerhouse under the umbrella of Vedanta Resources Ltd
 "Anil Agarwal eyeing Indian disinvestment program with a $10 bn war chest")
India seeks to mend Bangladesh ties with coronavirus vaccine diplomacy
The new law fast-tracks Indian citizenship for non-Muslims from three neighboring nations including Bangladesh
 "India seeks to mend Bangladesh ties with coronavirus vaccine diplomacy")
Apple wants to make iPhone user tracking harder and Facebook is upset
Facebook previously told investors that Apple's changes, scheduled to go live early next year, will lead to significant headwinds because most of its advertisers are small businesses
 "Apple wants to make iPhone user tracking harder and Facebook is upset")
India wants a V-shaped recovery at any cost. But what will RBI do?
How RBI manages recovery demand against threats to financial stability from cheap money may be a more important story for India investors in 2021 than the standard growth versus inflation trade-off
 "India wants a V-shaped recovery at any cost. But what will RBI do?")
Saudi Arabia plans spending cuts in 2021 as economy recovers: Report
The kingdom will stick to its plan to cut spending by 7.3 per cent in 2021 after its deficit widened dramatically this year, according to an annual budget statement released Tuesday
 "Saudi Arabia plans spending cuts in 2021 as economy recovers: Report")
Next Covid-19 vaccine challenge: Crossing the economic and patent barrier
India's proposed WTO waiver faces stiff opposition from the US and EU
 "Next Covid-19 vaccine challenge: Crossing the economic and patent barrier")