President Joe Biden banned most travel to the U.S. from India beginning Tuesday as the country struggles to combat the worst surge of coronavirus cases in the world. Passengers on airplanes, buses and other forms mass transportation in the U.S. will have to k…
Posts published in “Uncategorized”
Source: Bloomberg, 07:33
STEELMAKERS HAVE for decades embodied India’s failed plans for prosperity. Post-independence socialism produced many mills but little steel. A partial privatisation in the 1990s created capacity, but also large firms fed by feckless state-backed lending. Many were subsequently exposed as bankrupt. Even well-run private producers stumbled, as Tata Steel did with its disastrous acquisition in…
IN THE BUCOLIC low-rise surroundings of Norway’s biggest lake, Mjostarnet stands out. At 85 metres tall, this building of flats, offices and a hotel, completed in 2019, is Norway’s third-tallest. It is the highest in the world built of wood. Similar structures have sprung up in other countries. So, in many more places, have wooden…
By forcing app developers to use its payment system and comply with other rules, regulators said Apple broke European Union competition laws.An Apple store in Paris.Credit...Sabine Mirlesse for The New York TimesApril 30, 2021Updated 10:26 a.m. ETLONDON — European Union regulators on Friday accused Apple of violating antitrust laws by imposing unfair rules and fees…
SYDNEY, April 30 (Reuters) - Three of Australia’s Big Four banks are set to unveil a more than doubling in interim profits, higher dividends and lower provisioning for bad debts next week, as the economy recovers from the COVID-19 pandemic.Australia’s economy has emerged from recession and all signs are that 2021 has started on a…
Source: Bloomberg, 01:34:30
Nigeria’s central bank removed the boards of FBN Holdings Plc and its main subsidiary First Bank Nigeria Ltd. for appointing a new chief executive officer without regulatory approval.
Source: Bloomberg, 06:42
