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September 26, 2020 Opinion
It’s still possible the November election will go off without a hitch and be settled the way most elections are settled — by simply counting the votes, assigning electors based on statewide majorities and letting the constitutional rules decide who won. But this outcome is looking less likely by the day. It’s an open question what effect a contested election ...
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Admin
September 26, 2020 Opinion
Harley-Davidson Inc is riding out of India. That’s as much of a problem for the American motorcycle icon as for one of the largest two-wheeler markets looking to make its mark globally. Harley said in a regulatory filing that it was discontinuing sales and manufacturing operations in the world’s second most populous country as part of its company-wide restructuring, or ...
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September 26, 2020 Opinion
Working from home, once jokingly dismissed as “shirking†from home, is back as a pandemic lifeline for economies amid a resurgence of Covid-19 cases in Europe. Governments in Britain and France, having goaded workers back to the office after lockdown, are now urging them home again. The sound of frustrated bosses gritting their teeth can be heard across the City ...
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Admin
September 26, 2020 Opinion
If India only reforms when under pressure, then now should be a moment for big changes: Gross domestic product contracted nearly 24% in the second quarter, more than any other large economy; tens of millions have lost jobs in the formal and informal sectors; and the country is adding over 85,000 confirmed coronavirus cases each day. There’s an obvious place ...
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September 26, 2020 Politics, Uncategorized
Bloomberg Japanese PM Yoshihide Suga declared his willingness to meet North Korea’s Kim Jong-un without preconditions, affirming the policy of his predecessor in his debut speech to the UN. Japan would seek to normalise ties with North Korea by resolving nuclear weapons and missile issues, as well as the past abductions of Japanese citizens, Suga told the General Assembly, in ...
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Admin
September 26, 2020 Politics
Bloomberg An attack by unidentified gunmen in Ethiopia’s western Benishangul-Gumuz region left at least 15 people dead, including four women, in the third such raid this month, according to the Ethiopian Human Rights Commission. “Civilians are being subjected to repeated attacks with unmitigated cruelty in Benishangul-Gumuz,†Daniel Bekele, the chief commissioner said in an emailed statement. “Federal and regional authorities ...
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September 26, 2020 Technology
Bloomberg Apple Inc.’s victory over a record back-tax order faces a challenge at the European Union’s top court as Competition Commissioner Margrethe Vestager seeks to rescue her crackdown on allegedly unfair fiscal deals doled out to multinational companies. The EU’s General Court “made a number of errors of law†when it sided with Apple in its ruling in July, the ...
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September 26, 2020 Automobile
Bloomberg Nissan Motor Co. expects to return to profitability in 2021 if the current momentum continues, with demand in China already bouncing back from the pandemic, Chief Executive Officer Makoto Uchida said. The company, which in May reported its first fiscal year loss in a decade and the biggest in 20 years, is forecasting a strong recovery in the Chinese ...
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Admin
September 26, 2020 Technology
Bloomberg Google’s search engine, one of the most-profitable businesses in history, is about to face its biggest challenge as the US government readies an antitrust lawsuit accusing the company of crushing competition to protect and extend its monopoly. After a 14-month investigation, the Justice Department is homing in on whether Google skews search results to favor its own products and ...
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September 26, 2020 Technology
Bloomberg Wondery Inc., the company behind hit podcasts has hired financial advisers to explore strategic options, including a potential sale, hoping to cash in on growing interest from technology and media firms. Wondery is expected to garner at least $200 million if it pursues a sale and could fetch as much as double that, which would represent the biggest podcasting ...
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