Bloomberg
Bloomberg
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Returning to office is $1.3 trillion problem that only few have figured out
Asian nations did a better job keeping Covid-19 under wraps in the pandemic's first year, so people there didn't get as accustomed to working from home
 "Returning to office is $1.3 trillion problem that only few have figured out")
PM Modi turns G20 Summit into not-so-subtle election kickoff in the country
The deluge of advertising is part of a marketing blitz to greet nearly 30 world leaders descending on India's capital this week for the Group of 20 summit
 "PM Modi turns G20 Summit into not-so-subtle election kickoff in the country")
Elon Musk blames anti-defamation league for slump in X's US ad revenue
Ad sales are still down 60 per cent "primarily due to pressure on advertisers" mounted by the ADL, Musk said in a series of posts Monday
 "Elon Musk blames anti-defamation league for slump in X's US ad revenue")
China's slowdown means it may never overtake US economy, forecast shows
That's according to Bloomberg Economics, which now forecasts it will take until the mid-2040s for China's gross domestic product to exceed that of the US
 "China's slowdown means it may never overtake US economy, forecast shows")
Alien species threaten food supply, public health, and cost $423 billion
More than 37,000 alien species have been introduced worldwide as a result of human activity - transported from one location to another in ships' ballast water, for instance
 "Alien species threaten food supply, public health, and cost $423 billion")
Arm Ltd's IPO expectations tempered as roadshow kicks off: Report
The SoftBank Group Corp.-owned chip unit now seeks to raise $5 billion to $7 billion, down from as much as $10 billion it previously sought, Bloomberg News reported
 "Arm Ltd's IPO expectations tempered as roadshow kicks off: Report")
Alibaba Group cloud eyes state firms for up to $3 billion fundraising
Alibaba planned to spin off the unit by distributing a stock dividend to shareholders within 12 months, the company announced in May
 "Alibaba Group cloud eyes state firms for up to $3 billion fundraising")
China planning to create new agency to promote private sector growth
The private economy development bureau will be responsible for tracking and analyzing the state of the industry, along with coordinating and drafting policies
 "China planning to create new agency to promote private sector growth")
Big tech braces for EU's biggest clampdown on anti-competitive practices
Big Tech is bracing for the European Union's biggest ever clampdown on anti-competitive practices in the digital economy, potentially provoking a new wave of legal battles
 "Big tech braces for EU's biggest clampdown on anti-competitive practices")
Huawei chip shows US curbs on China's semiconductor are porous, not useless
Regulations announced by the US Commerce Department in October last year restrict the export of manufacturing tools that can churn out processors at 16 nanometers or below
 "Huawei chip shows US curbs on China's semiconductor are porous, not useless")
September rains will limit risks to food supplies, says Food Secy Chopra
India, the world's top rice shipper, has now restricted exports of every variety of the staple. It is also selling tomatoes, onions and grains from state reserves to improve local supplies
 "September rains will limit risks to food supplies, says Food Secy Chopra")
CEA Nageswaran plays down impact of weakest rains in over a century
"I don't think we should overstate the worry. Sowing in some regions is low but irrigation levels, reservoir levels are good enough to offset that," he said
 "CEA Nageswaran plays down impact of weakest rains in over a century")
Xi Jinping's G-20 snub marks shift from statesman to China's emperor
The Chinese leader has attended every G-20 leaders' summit since taking power in 2012, and he's also sought to burnish his image as a peacemaker
 "Xi Jinping's G-20 snub marks shift from statesman to China's emperor")
Rice prices in Asia hit 15-yr high after India's 6-week campaign of curbs
Rice is vital to the diets of billions and contributes as much as 60% of the total calorie intake for people in parts of Southeast Asia and Africa
 "Rice prices in Asia hit 15-yr high after India's 6-week campaign of curbs")
Saudi Arabia's PIF set to take control of country's top steel producers
Stage set for creation of a new national steel giant
 "Saudi Arabia's PIF set to take control of country's top steel producers")
AI fused with trade data may finally smooth clogged supply chains
AI tools are helping many organizations simplify trade-data analysis in ways that may help smooth cross-border commerce
 "AI fused with trade data may finally smooth clogged supply chains")
Oil industry elite hits Singapore to debate over crude's next twist
Producers, hedge funds, analysts and traders will all converge on the Southeast Asian city-state for this year's Asia Pacific Petroleum Conference, organized by S&P Global Commodity Insights
 "Oil industry elite hits Singapore to debate over crude's next twist")
BMW unwraps next-generation EV lineup to take on Tesla, China's BYD
The Vision Neue Klasse concept car, on display at next week's IAA show in Munich, shows off BMW's dedicated EV underpinnings due in 2025
 "BMW unwraps next-generation EV lineup to take on Tesla, China's BYD")
India extends coal import mandate to power plants to avoid blackouts
The decision comes amid surging electricity demand, partly a result of deficient rainfall that's forcing farmers to run irrigation pumps to water their fields, Agarwal said
 "India extends coal import mandate to power plants to avoid blackouts")
Ahead of G20 Summit in New Delhi, Canada pauses trade talks with India
India's high commissioner to Canada confirmed that Trudeau's team initiated the pause, which was first reported Friday by the Canadian Press
 "Ahead of G20 Summit in New Delhi, Canada pauses trade talks with India")
