US-China tensions: Brazil's President Luiz Inacio Lula da Silva’s trip to China will include a tour of Huawei’s innovation center in Shanghai. https://trib.al/C8sD9fJ
AI regulation: China will require a security review of some AI services like ChatGPT before they’re allowed to operate. https://trib.al/A2Pv7lR
Leaked papers: Defense Secretary Lloyd Austin says the US won’t stop until it finds out out how a trove of classified documents on Ukraine, Israel and other nations appeared online. https://trib.al/heqo1nA
AI regulation: China will require a security review of some AI services like ChatGPT before they’re allowed to operate. https://trib.al/A2Pv7lR
Leaked papers: Defense Secretary Lloyd Austin says the US won’t stop until it finds out out how a trove of classified documents on Ukraine, Israel and other nations appeared online. https://trib.al/heqo1nA
Securing supply: India’s sole rare-earths producer IREL wants to boost its mining capacity by 400% in the coming decade to help the country lock in supplies of key minerals for its clean-energy transition. http://bloom.bg/3zTh962
Return to market: UBS is considering retaining Credit Suisse’s private banking unit in India, a move that would give the Swiss lender a strong foothold among the growing ranks of Indian billionaires. http://bloom.bg/41l3d05
Pivot to India: Apple CEO Tim Cook has scheduled a trip to open the iPhone maker’s first stores in Mumbai and New Delhi next week. http://bloom.bg/3MDYYZG
Return to market: UBS is considering retaining Credit Suisse’s private banking unit in India, a move that would give the Swiss lender a strong foothold among the growing ranks of Indian billionaires. http://bloom.bg/41l3d05
Pivot to India: Apple CEO Tim Cook has scheduled a trip to open the iPhone maker’s first stores in Mumbai and New Delhi next week. http://bloom.bg/3MDYYZG
Slumdog billionaire: Gautam Adani wants to modernize Mumbai’s Dharavi slum and turn the land into some of the world’s most expensive urban real estate. But first he needs to resettle a million people. http://bloom.bg/3MMv19w
Made in India: Apple tripled its iPhone production in India last year, with the country accounting for nearly 7% of output, in an accelerating shift from China. http://bloom.bg/402MQ7y
Milk run: The soaring cost of milk — up 12% from a year ago in India — risks becoming a political problem for Modi’s government ahead of national elections next summer. http://bloom.bg/415JWQy
Made in India: Apple tripled its iPhone production in India last year, with the country accounting for nearly 7% of output, in an accelerating shift from China. http://bloom.bg/402MQ7y
Milk run: The soaring cost of milk — up 12% from a year ago in India — risks becoming a political problem for Modi’s government ahead of national elections next summer. http://bloom.bg/415JWQy
Wronfully detained: Russian President Vladimir Putin personally approved the arrest of a US reporter on espionage charges for the first time since the Cold War. https://trib.al/elGNBnG
Top of the charts: For two straight weeks last month, a Korean drama series called The Glory was the most-watched show on Netflix. The show about bullying is having a profound influence at home. https://trib.al/843C9D3
The world’s biggest startup: ByteDance is moving into an iconic Hong Kong office tower as revenue from TikTok and its other businesses surge. https://trib.al/2sesJOR
Top of the charts: For two straight weeks last month, a Korean drama series called The Glory was the most-watched show on Netflix. The show about bullying is having a profound influence at home. https://trib.al/843C9D3
The world’s biggest startup: ByteDance is moving into an iconic Hong Kong office tower as revenue from TikTok and its other businesses surge. https://trib.al/2sesJOR
Discounted oil: India will explore importing Russian crude oil near or past the price cap imposed by the G-7 as it navigates external risks it sees as the biggest economic threat. https://bloom.bg/43Fi3QW
Positive signs: China is sending encouraging signals about breaking a deadlock among global creditors over how to manage poor-country debt distress, India's finance minister says. https://bloom.bg/3MO0RCV
Demand weakens: Signs of an economic slowdown are flashing in the global diesel market as trucking and container port activity both inch lower in China. https://bloom.bg/3A6Tejz
Positive signs: China is sending encouraging signals about breaking a deadlock among global creditors over how to manage poor-country debt distress, India's finance minister says. https://bloom.bg/3MO0RCV
Demand weakens: Signs of an economic slowdown are flashing in the global diesel market as trucking and container port activity both inch lower in China. https://bloom.bg/3A6Tejz
Worthless degrees: Students around the globe are increasingly questioning the returns on education, and nowhere is the problem more complex than India. https://bloom.bg/3mPpwwe
Adani fallout: Here's how the $120 billion Adani scandal shook India. What happens now could alter the future of India, and affect the prospects of Prime Minister Modi. https://bloom.bg/3UHUSS6
Landmark hearings: India's top court is set to begin hearing arguments for granting legal recognition to same-sex marriages. https://bloom.bg/418fR2V
Adani fallout: Here's how the $120 billion Adani scandal shook India. What happens now could alter the future of India, and affect the prospects of Prime Minister Modi. https://bloom.bg/3UHUSS6
Landmark hearings: India's top court is set to begin hearing arguments for granting legal recognition to same-sex marriages. https://bloom.bg/418fR2V
Burning up: Millions of people risk being exposed to heat exhaustion or deadly heat stroke as temperatures soar across India this week, also increasing the risk of power outages. http://bloom.bg/40AiWb7
Mortgage terms double: India’s sharp rise in interest rates has left many homeowners in an unenviable position: Having a mortgage they’ll still be paying decades after they should have retired. http://bloom.bg/40f1kRO
Whoops: A currency conversion blunder allowed some eagle-eyed travelers to snap up $10,000 business-class tickets for just a few hundred dollars. http://bloom.bg/40AHSPL
Mortgage terms double: India’s sharp rise in interest rates has left many homeowners in an unenviable position: Having a mortgage they’ll still be paying decades after they should have retired. http://bloom.bg/40f1kRO
Whoops: A currency conversion blunder allowed some eagle-eyed travelers to snap up $10,000 business-class tickets for just a few hundred dollars. http://bloom.bg/40AHSPL
BREAKING: India has overtaken China as the world’s most populous nation, according to UN data.
Asia’s third-largest economy is now home to nearly a fifth of humanity — more than the number of people in Europe or Africa or the Americas. While this is also true for China for now, that’s expected to change as India’s population, now 1.428 billion, is forecast to touch 1.668 billion by 2050. Here’s what this seismic shift means for the world: https://bloom.bg/3LeeMkJ
Asia’s third-largest economy is now home to nearly a fifth of humanity — more than the number of people in Europe or Africa or the Americas. While this is also true for China for now, that’s expected to change as India’s population, now 1.428 billion, is forecast to touch 1.668 billion by 2050. Here’s what this seismic shift means for the world: https://bloom.bg/3LeeMkJ
New investments: Apple CEO Tim Cook met with Indian Prime Minister Narendra Modi, renewing the iPhone maker’s commitment to invest in the region. https://trib.al/PIs5XGc
The AI dilemma: If ChatGPT's technology replaces software engineers, India would be impacted the most. https://trib.al/HuJCeeo
Capital gains tax: India is preparing an overhaul of its direct tax laws to replace a complicated matrix of rules and help Prime Minister Modi reduce widening income inequality if he returns to power next year. https://trib.al/vyEBfDH
The AI dilemma: If ChatGPT's technology replaces software engineers, India would be impacted the most. https://trib.al/HuJCeeo
Capital gains tax: India is preparing an overhaul of its direct tax laws to replace a complicated matrix of rules and help Prime Minister Modi reduce widening income inequality if he returns to power next year. https://trib.al/vyEBfDH
Staying away: Money managers in India have continued to trim holdings of Adani Group's stocks, suggesting concerns remain even after the worst of the rout seems to have passed. https://bloom.bg/3N0dlrq
Endangering growth: India's heat waves are making almost all of its people more vulnerable to illness and hunger, holding back development in the most populous nation. https://bloom.bg/43R6Mgz
Overtaking China: The label of world's most populous country in the world won't be enough for India to take over as the world's biggest growth driver. https://bloom.bg/40ndtUO
Endangering growth: India's heat waves are making almost all of its people more vulnerable to illness and hunger, holding back development in the most populous nation. https://bloom.bg/43R6Mgz
Overtaking China: The label of world's most populous country in the world won't be enough for India to take over as the world's biggest growth driver. https://bloom.bg/40ndtUO
A court in India has denied Rahul Gandhi’s appeal to suspend his defamation conviction, a setback to the opposition leader who has been sentenced to two years in jail and disqualified from parliament over the charge.
The interim order means Gandhi may not be able to contest national elections due next summer unless a higher court rules in his favor.
Gandhi can appeal Thursday’s order in the high court. He will also stay out of jail as an earlier court order said his prison term is suspended until it reaches a final decision on his appeal against the conviction.
More details here: http://bloom.bg/3mHHSzz
The interim order means Gandhi may not be able to contest national elections due next summer unless a higher court rules in his favor.
Gandhi can appeal Thursday’s order in the high court. He will also stay out of jail as an earlier court order said his prison term is suspended until it reaches a final decision on his appeal against the conviction.
More details here: http://bloom.bg/3mHHSzz
LIVE NOW: 🇮🇳 Join our Twitter Space discussion on India overtaking China's population and what that means on the link here: http://bloom.bg/41LpK6t
Ponzi apps: India's finance minister warned about the rise of 'fin-fluencers' as the government looks to clamp down on ponzi applications promising huge returns. https://bloom.bg/3AnJKQZ
Regaining confidence: Adani Group has started it's first bond buyback since it was targeted by short-seller Hindenburg. https://bloom.bg/3Aqkf1m
New awakening: Bitcoin's rebound is just the start of a rally that will take it past $50,000 next year, says crypto analysts, as it's set to go through 'halving' that curbs supply of new tokens. https://bloom.bg/3AGRHRH
Regaining confidence: Adani Group has started it's first bond buyback since it was targeted by short-seller Hindenburg. https://bloom.bg/3Aqkf1m
New awakening: Bitcoin's rebound is just the start of a rally that will take it past $50,000 next year, says crypto analysts, as it's set to go through 'halving' that curbs supply of new tokens. https://bloom.bg/3AGRHRH
Too many G’s: Verizon, AT&T and T-Mobile face a 6G future amid the US-China tech race. https://trib.al/QT1uz1M
Distancing from envoy remarks: China says it “respects” the independence of the former Soviet Union states,” after the nation’s diplomat to France sparked a firestorm in Europe by questioning their sovereignty. https://trib.al/1kjL6BL
Combination two-drug pill: Japan is set to approve the nation’s first abortion pill, decades after it became available in France and US. https://trib.al/rYL96eU
Distancing from envoy remarks: China says it “respects” the independence of the former Soviet Union states,” after the nation’s diplomat to France sparked a firestorm in Europe by questioning their sovereignty. https://trib.al/1kjL6BL
Combination two-drug pill: Japan is set to approve the nation’s first abortion pill, decades after it became available in France and US. https://trib.al/rYL96eU
Stepping back: AirAsia's Tony Fernandes, one of the best-known names in global aviation, plans to focus more on areas such as health, education and private equity. https://bloom.bg/3L3nqRC
Graying population: As India overtakes China as the most populous country in the world, both the nations face tough questions on catering to their aging demographics. https://bloom.bg/3oEMkiW
Growing investments: Bankers chase startups in Japan amid funding crunch elsewhere, as Prime Minister Kishida seeks to breathe new life into the nation's startup scene. https://bit.ly/43XeOEJ
Graying population: As India overtakes China as the most populous country in the world, both the nations face tough questions on catering to their aging demographics. https://bloom.bg/3oEMkiW
Growing investments: Bankers chase startups in Japan amid funding crunch elsewhere, as Prime Minister Kishida seeks to breathe new life into the nation's startup scene. https://bit.ly/43XeOEJ
Silent role: How did billionaire Gautam Adani build his mighty business empire? The spotlight is turning to the quiet role of his brother Vinod. https://bloom.bg/3L6soNp
Bad syrup: The World Health Organization found contaminated cough syrup, manufactured in India, in the Western Pacific islands. https://bloom.bg/3n4LxYi
Money moguls: From Binance’s Changpeng Zhao to India's Uday Kotak, these are the richest 25 people in new finance — and they are moving up fast. https://bloom.bg/3oFXuUG
Bad syrup: The World Health Organization found contaminated cough syrup, manufactured in India, in the Western Pacific islands. https://bloom.bg/3n4LxYi
Money moguls: From Binance’s Changpeng Zhao to India's Uday Kotak, these are the richest 25 people in new finance — and they are moving up fast. https://bloom.bg/3oFXuUG
Green push: India is accelerating renewable energy project installations to hit a goal to have 500 gigawatts of clean energy generation capacity in 2030. https://bloom.bg/3NhGMoR
Big expansion: India's largest carmaker is planning to double manufacturing capability, adding capacity of up to 1 million vehicles annually after profit beats expectation. https://bloom.bg/3Ni7HRE
Costly flying: Airfares have skyrocketed across the world since the pandemic. Here's why it's likely to remain expensive. https://bloom.bg/444xpPl
Big expansion: India's largest carmaker is planning to double manufacturing capability, adding capacity of up to 1 million vehicles annually after profit beats expectation. https://bloom.bg/3Ni7HRE
Costly flying: Airfares have skyrocketed across the world since the pandemic. Here's why it's likely to remain expensive. https://bloom.bg/444xpPl
Streaming wars: Mukesh Ambani's broadcast venture signed a muti-year pact with Warner Bros Discovery to stream its exclusive content including Succession and House of the Dragons in India, marking another win for Asia's richest man over Walt Disney. https://bloom.bg/3NkVafV
Back to binge: Adani Group is aiming to raise about $800 million for new green energy projects, in what could be its biggest borrowing since the scathing report from short-seller Hindenburg. https://bloom.bg/3LC7VBG
Top exporter: Thailand consolidated its position as the top global condom exporter in 2022, a year when its biggest buyer China coincidentally reported its first population drop in six decades. https://bloom.bg/3LhI9RV
Back to binge: Adani Group is aiming to raise about $800 million for new green energy projects, in what could be its biggest borrowing since the scathing report from short-seller Hindenburg. https://bloom.bg/3LC7VBG
Top exporter: Thailand consolidated its position as the top global condom exporter in 2022, a year when its biggest buyer China coincidentally reported its first population drop in six decades. https://bloom.bg/3LhI9RV
Startup troubles: India’s most valuable startup, Byju's, sought to reassure employees and partners after a weekend raid of the education company’s offices by the agency that investigates money laundering in the country. https://bloom.bg/3LpVl77
Energy leader: Billionaire Adani's clean energy unit's fourth-quarter profits surge as the conglomerate prioritizes renewable power. https://bloom.bg/3njaP4S
ChatGPT frenzy: Samsung is banning employee use of tools such as ChatGPT after discovering staff uploaded sensitive code to the platform. https://bloom.bg/41aKNPr
Energy leader: Billionaire Adani's clean energy unit's fourth-quarter profits surge as the conglomerate prioritizes renewable power. https://bloom.bg/3njaP4S
ChatGPT frenzy: Samsung is banning employee use of tools such as ChatGPT after discovering staff uploaded sensitive code to the platform. https://bloom.bg/41aKNPr
China's answers to ChatGPT: Chinese censorship of social media is well established, but how is it playing out in the new world of generative AI? https://trib.al/Cd9ZeNr
Freighter planes: Japan Airlines will introduce three new cargo planes for the first time in more than a decade, seeking to diversify revenue by tapping into global and local consumer demand. https://trib.al/s1YkTfE
Potential adversaries: An assessment found the US Navy most hobbled by failures in acquiring parts, personnel, supplies and training — despite being on the front lines in a potential conflict with China. https://trib.al/MkElyOM
Freighter planes: Japan Airlines will introduce three new cargo planes for the first time in more than a decade, seeking to diversify revenue by tapping into global and local consumer demand. https://trib.al/s1YkTfE
Potential adversaries: An assessment found the US Navy most hobbled by failures in acquiring parts, personnel, supplies and training — despite being on the front lines in a potential conflict with China. https://trib.al/MkElyOM