Thursday, August 26, 2021

China’s Regulatory Crackdowns Are Already Hurting the Economy - BNN Bloomberg

China’s Regulatory Crackdowns Are Already Hurting the Economy - BNN Bloomberg: China’s campaign to clamp down on industries ranging from steel to education to property has roiled financial markets and curbed the outlook for growth in the world’s second-largest economy.

Monday, June 21, 2021

China growth decouples from credit, with global implications - BNN Bloomberg

China growth decouples from credit, with global implications - BNN Bloomberg: Chinese manufacturer Lou Zhongping is being bombarded with offers of new loans from banks and government officials, attention that he says is finally coming to smaller businesses like his own.

Thursday, June 10, 2021

G-7 eyes ambitious shift to electric cars and away from oil - BNN Bloomberg

G-7 eyes ambitious shift to electric cars and away from oil - BNN Bloomberg: Group of Seven leaders are discussing ambitious plans to shift the balance of car buying away from gasoline to greener vehicles by the end of the decade, as part of a package of measures to combat climate change.

Tuesday, June 1, 2021

Thursday, May 27, 2021

Elon Musk's Mars ambition could be the riskiest human quest ever - BNN Bloomberg

Elon Musk's Mars ambition could be the riskiest human quest ever - BNN Bloomberg: More than half a century after Neil Armstrong took mankind’s giant leap on the moon, another space race is heating up. This time, the promising new frontier for Earthlings is Mars, the planet next door.

Friday, May 21, 2021

Self-driving cars pose crucial question: Who to blame in a crash - BNN Bloomberg

Self-driving cars pose crucial question: Who to blame in a crash - BNN Bloomberg: A debate over who to blame -- or sue -- when a self-driven car hits someone is holding up legislation the industry says it needs to advance.

Pandemic linked to 15 per cent drop in fossil fuel use in 2020: energy regulator - BNN Bloomberg

Pandemic linked to 15 per cent drop in fossil fuel use in 2020: energy regulator - BNN Bloomberg: In a report that's consistent with updates over the past year from refiners such as Imperial Oil Ltd. and Suncor Energy Inc., the federal regulator says gasoline consumption volumes fell the most in 2020, followed closely by jet fuel, then diesel fuel, with consumption of all three fuels bottoming out in April 2020.

Monday, May 3, 2021

Warren Buffett wants to make you happier, smarter and richer - BNN Bloomberg

Warren Buffett wants to make you happier, smarter and richer - BNN Bloomberg: There was no digital confetti, and no free stock for joining either. Nevertheless, the Warren Buffett and Charlie Munger show out in Los Angeles proved to be good theatre — filled with wit and wisdom from two of the world’s most successful investors.

Wednesday, April 28, 2021

Apple raises U.S. investments over five years to US$430B - BNN Bloomberg

Apple raises U.S. investments over five years to US$430B - BNN Bloomberg: Apple Inc. is increasing its U.S. investments by 20 per cent over the next five years, allocating US$430 billion to develop next-generation silicon and spur 5G innovation across nine U.S. states, after outstripping its growth expectations during the pandemic.

Thursday, April 22, 2021

Putin, Xi, Pope Francis join 40 leaders at Biden's climate summit - BNN Bloomberg

Putin, Xi, Pope Francis join 40 leaders at Biden's climate summit - BNN Bloomberg: ​President Joe Biden is bringing together dozens of foreign leaders along with corporate executives, union heads and Pope Francis in a two-day virtual summit meant to invigorate the global fight against climate change and restore U.S. credibility on the issue.

Wednesday, April 21, 2021

Bank of Canada pares bond purchases, sees rate hikes earlier - BNN Bloomberg

Bank of Canada pares bond purchases, sees rate hikes earlier - BNN Bloomberg: The Bank of Canada announced that it will pare back asset purchases by one-quarter and indicated that it’s moving up its expected timeline for interest-rate hikes, citing a stronger-than-expected rebound from the pandemic.

US$12.3 trillion in stimulus killed the debt default cycle - BNN Bloomberg

US$12.3 trillion in stimulus killed the debt default cycle - BNN Bloomberg: It’s fair to say that US$12.3 trillion of stimulus seems to have killed off the U.S. credit default cycle. Almost all fear of bankruptcy has been obliterated from debt markets even though the global economy is still struggling under the worst health crisis in a century.

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