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@bloomberg : 🇭🇰 Hong Kong media tycoon Jimmy Lai was sentenced to a total of 14 months in prison for his role in the city’s pro-democracy protests, as authorities pursue a deluge of cases against high-profile dissidents. https://bloom.bg/3mPkn32 🏗 British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off the commodity trading business of Gupta’s Liberty. https://bloom.b

@bloomberg : ⛽ A Bloomberg Green investigation into deals by BP reveals what happens when a supermajor walks away as it moves down the path toward net-zero. https://bloom.bg/3uTo1vC 🇺🇸 The Biden administration will impose new sanctions on Russia, in retaliation for alleged misconduct including the SolarWinds hack and efforts to disrupt the U.S. election. https://bloom.bg/3mLVCEU 🚘 Criticized for taking too long to embrace EVs, Mercedes is under pressure to prove it can retain its engineering prowess in the

@bloomberg : 🎢 Crypto exchange Coinbase soared above a $112 billion valuation in its trading debut Wednesday, then slipped below its opening price as Bitcoin fell from record highs. https://bloom.bg/3dgADXw ⭐ A Singapore trader was a rising star — until he was charged for allegedly pulling off one of the largest frauds in the country’s history. https://bloom.bg/3uPJlSt 🏦 Reddit traders predicted the end of Wall Street’s status quo. Goldman and JPMorgan just defied that with surprisingly massive trading hau

@bloomberg : ✈ Where can you fly right now? Bloomberg has built a global flight tracker to monitor the pulse of the air travel comeback. And yes, it's still early days. https://bloom.bg/3mJJGU2 🌎 The pause in the rollout of Johnson & Johnson's Covid-19 vaccine marks another setback for the world's inoculation campaign, just as it was picking up speed in Europe and other regions. https://bloom.bg/2Q4ymWL 📉 Steps taken by regulators after the Archegos collapse could portend some of the biggest changes since

@bloomberg : 💸 Charles Schwab accidentally sent $1.2 million to a client who requested $82.56. When the company realized the mistake, the money was gone from the woman’s account and she wasn’t answering her phone, according to a lawsuit. https://bloom.bg/2Q4IRsZ ☀️ Xinjiang is crucial for the world’s solar supply chain. The problem is nobody knows what’s going inside its factories. https://bloom.bg/2Rxc0h0 🏦 Chinese students are paying middlemen $12,000 in hopes of landing internships and jobs on Wall Stre

@bloomberg : 🔧 U.S. regulators have thrown another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies. https://bloom.bg/3uKVSql 🇨🇳 Janet Yellen will decline to name China a currency manipulator, allowing the U.S. to sidestep a fresh clash with Beijing. The offshore yuan gained on the news. https://bloom.bg/3tdoqbN 💰 Jack Ma is $2.3 billion richer after China slapped Alibaba with a record fine and ordered it to overhaul into a fina

@bloomberg : 🇬🇧 British voters' attitudes are hardening against the EU in the wake of the clashes over coronavirus vaccines. A new Bloomberg poll shows support for Brexit has grown since the 2016 vote. https://bloom.bg/2RtTB4E 🔦 A billionaire Saudi family is shaking up traditional ways of doing business, breaking with the kingdom's secrecy and opening up to investors about the fortune it's built over the decades. https://bloom.bg/3sbM472 💰 The rally in tech shares has taken the number of people with fortun

@bloomberg : Hello, here's what we're reading right now: 🇨🇳 🇺🇸 The Biden administration is stepping up scrutiny of China’s plans for a digital yuan. Some officials are concerned it could kick off a long-term bid to topple the dollar as the world’s dominant reserve currency. https://bloom.bg/3mCpsvz 💰 After China imposed a record $2.8 billion antitrust fine on Alibaba, the company did something unusual: It thanked regulators. The fine was less severe than many feared and helped lift a cloud of uncertainty h

@bloomberg : 🇬🇧 The warnings about Brexit were stark. Almost 100 days since Britain completed its split from the EU, the divorce has already had a negative impact on the U.K. economy. Here’s the data. https://bloom.bg/3rXzOak 🌎 Economies with the highest incomes have 40% of the world’s vaccinations, but just 11% of the global population. As a result, countries with the highest incomes are vaccinating 25 times faster than those with the lowest. https://bloom.bg/3s2Iv3b 🤑 If you’re wealthy, Asia Pacific is

@bloomberg : 💸 Bill Hwang had $20 billion — then lost it all in two days. The sudden implosion of his Archegos Capital Management is one of the most spectacular failures in modern financial history. https://bloom.bg/3dLrpBG 🏠 The postwar style of Tokyo’s public housing has defined Japan’s middle class. The attraction of these complexes, known as danchi, is more than just aesthetic. https://bloom.bg/39Wz0we 🐒 A third of endemic species on land and half in the sea will become extinct if greenhouse gas emissi