China's BYD has unveiled a new battery system it says can charge an electric vehicle in just five minutes, which could help it capture further share from direct rivals like Tesla. Here's what to know: https://bloom.bg/41SSTON
Bloomberg.com
How BYD’s Five-Minute Charging Stacks Up Against the Competition
Chinese automaker BYD Co. is turning heads with claims that it’s developed an electric-vehicle platform it says will enable drivers to charge an EV in roughly the same time it takes to refuel a gasoline car.
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One of Russia’s biggest energy firms is already selling a world where Trump removes restrictions. More here: https://bloom.bg/3DMG94l
Bloomberg.com
Russia Is Wooing Arctic Gas Buyers With Life After US Sanctions
From a cramped booth in a crowded conference center on New Delhi’s outskirts, executives from one of Russia’s biggest energy firms made their sales pitch to Indian buyers — take our Arctic gas now, while it’s still cheap.
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🎙 Japan has a matcha shortage despite record levels of production.
Find out what’s driving the global mania and why it’s hard for producers to keep up on the Big Take Asia Podcast ⤵ https://link.podtrac.com/jxfy2rhy
Find out what’s driving the global mania and why it’s hard for producers to keep up on the Big Take Asia Podcast ⤵ https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.
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EXCLUSIVE: Pakistan plans to legalize crypto and create a framework for its trading to lure international investment. https://bloom.bg/4kD58HY
Bloomberg.com
Pakistan Plans to Legalize Crypto in Bid for Foreign Investment
Pakistan plans to create a legal framework for cryptocurrency trading in a bid to lure international investment.
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Donald Trump’s tariffs are worsening a "China Shock" around the world, destroying jobs from Mexico to Indonesia. Read The Big Take: https://bloom.bg/4hj9Yr3
📷: Muhammad Fadli/Bloomberg
📷: Muhammad Fadli/Bloomberg
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London’s Heathrow Airport, one of the world’s busiest for international flights, will be shut on Friday because of a power outage caused by a fire. Read more: https://bloom.bg/4c2FfO1
📷: Chris J. Ratcliffe/Bloomberg
📷: Chris J. Ratcliffe/Bloomberg
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London's Heathrow Airport is closed after a fire caused a significant power outage, throwing one of the world's busiest airports into chaos. Follow our live blog for the latest news and updates: https://bloom.bg/41J6jwS
Bloomberg.com
London’s Heathrow Shut After Major Fire Causes Power Outage, Flights Diverted
Heathrow Airport (LHR) Live News: Flights Affected From Closure Due to Fire
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🎙 How are Trump's policies playing out in Asia?
A panel of Bloomberg experts discuss how the US-China rivalry is unfolding under a second Trump presidency in a special edition of the Big Take Asia podcast episode: https://link.podtrac.com/jxfy2rhy
A panel of Bloomberg experts discuss how the US-China rivalry is unfolding under a second Trump presidency in a special edition of the Big Take Asia podcast episode: https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.
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For big brewers who’ve counted on clubs and karaoke bars to sell premium beers, China's nightlife slowdown is part of a perfect storm that’s also hitting western markets such as the US and Europe.
Increasingly health-conscious customers are drinking less, opting for cheaper options and staying home to save money. All of those factors are prompting a strategy rethink in China: https://bloom.bg/4bPKxMC
📷: Yan Cong/Bloomberg
Increasingly health-conscious customers are drinking less, opting for cheaper options and staying home to save money. All of those factors are prompting a strategy rethink in China: https://bloom.bg/4bPKxMC
📷: Yan Cong/Bloomberg
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From introducing halal-friendly menus to copies of the Koran in hotel rooms, here's how Hong Kong is targeting wealthy visitors from the Middle East and Southeast Asia: https://bloom.bg/4iSmv5S
📷: Chinesology
📷: Chinesology
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Donald Trump wants to make US shipbuilding great again by imposing levies on Chinese vessels. Critics say the move could devastate the US economy, hit global trade and fuel inflation. Read more: https://bloom.bg/4bTXCEF
Bloomberg.com
Billion-Dollar US Levies on Chinese Ships Risk ‘Trade Apocalypse’
Critics will tell a hearing on Monday that the move against commercial ships could be more disruptive for global trade than Trump’s tariffs.
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The Jack Ma-backed tech company Ant has used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20%: https://bloom.bg/41UMQJN
Bloomberg.com
Jack Ma-Backed Ant Touts AI Breakthrough on Chinese Chips
Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20%, according to people familiar with the matter.
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JUST IN: Samsung Electronics co-CEO Han Jong-Hee has died at age 63. More here: https://bloom.bg/4j2OkbU
Bloomberg.com
Samsung Electronics Co-CEO Dies of Heart Attack at 63
Samsung Electronics Co. co-Chief Executive Officer Han Jong-Hee, who is credited for growing the Korean conglomerate into the world’s top electronics company, has died. He was 63.
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Millions of 23andMe users now face seeing their genetic information sold to the highest bidder as part of the company’s bankruptcy, setting up a test of existing legal safeguards around privacy and safety. More: https://bloom.bg/4c6lfdk
Bloomberg.com
23andMe’s Bankruptcy Puts 15 Million Users’ DNA Info on Auction Block
Millions of Americans who sent their saliva to 23andMe in the hopes of finding lost relatives or identifying health risks buried in their DNA now face seeing their genetic information sold to the highest bidder as part of the company’s bankruptcy, setting…
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🚨 LIVE NOW: How did BYD rise to become Tesla's biggest challenger despite tariffs? And how could its latest technology — a new ultrafast EV charger — help it gain further share?
Join our Live Q&A and ask your questions here: https://bloom.bg/41ZEXCB
Join our Live Q&A and ask your questions here: https://bloom.bg/41ZEXCB
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Katsunori Tanaka spent most of his 19 years at Goldman Sachs scrutinizing Japan’s biggest banks as an equity analyst.
Now he’s making money obsessing over much smaller lenders at his hedge fund Ariake Capital. More here: https://bloom.bg/41ZKVni
📷: Shoko Takayasu/Bloomberg
Now he’s making money obsessing over much smaller lenders at his hedge fund Ariake Capital. More here: https://bloom.bg/41ZKVni
📷: Shoko Takayasu/Bloomberg
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Blackstone President Jon Gray warns investors against making knee-jerk decisions around President Donald Trump’s tariff drama. More here: https://bloom.bg/4l5lTMf
Bloomberg.com
Blackstone’s Jon Gray Warns Against Knee-Jerk Reactions to Tariffs
Blackstone Inc. President Jon Gray warned investors against making knee-jerk decisions around President Donald Trump’s tariff drama and instead advised waiting to see how the underlying negotiations play out.
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Exposure of private texts between top Trump administration officials offered unique insight into their planning for strikes against Houthi militants earlier this month.
The messages also laid bare the full extent of their disdain for European allies. More here: https://bloom.bg/4hKMzyV
📷: Yuri Gripas/Abaca/Bloomberg
The messages also laid bare the full extent of their disdain for European allies. More here: https://bloom.bg/4hKMzyV
📷: Yuri Gripas/Abaca/Bloomberg
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The Trump administration has paused some green card applications as it seeks to beef up scrutiny of potential permanent residents. More here: https://bloom.bg/42gEs8A
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For years, Chinese banks have been winning business from Wall Street firms in Hong Kong.
Now they’re starting to pick up some of their former staff — even at lower pay. Read more here: https://bloom.bg/3QQddvk
📷: Lam Yik/Bloomberg
Now they’re starting to pick up some of their former staff — even at lower pay. Read more here: https://bloom.bg/3QQddvk
📷: Lam Yik/Bloomberg
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Former European Central Bank President Mario Draghi says Germany’s decision to ramp up defense spending is a “game changer” but warns there are risk. More here: https://bloom.bg/429xMrN
Bloomberg.com
Draghi Calls Germany’s Shift on Defense Spending ‘Game Changer’
Former European Central Bank President Mario Draghi said Germany’s decision to ramp up defense spending is a “game changer” but warned there are risks when it comes to how it’s implemented.
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