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The first word in business news. Our newsletters: http://bloom.bg/newsletters Our podcasts: http://bloom.bg/podcasts The Big Take podcast: http://trib.al/jtoXfuT ( feed imported by https://press.coop )

G-20 Summit Costs Delhi Traders $120 Million in Revenue

The Group of 20 summit may have ended in success for the Indian government, but businesses in the capital city lost around 10 billion rupees ($120 million) in revenues amid the three-day partial shutdown. #press

https://www.bloomberg.com/news/articles/2023-09-11/g-20-summit-costs-delhi-traders-120-million-in-revenue?utm_source=press.coop

US Solar’s Extraordinary Boom Brings Growing Pains

Higher interest rates make projects more expensive, and the surge in development prolongs the wait for grid connections. #press

https://www.bloomberg.com/news/newsletters/2023-09-11/us-solar-s-extraordinary-boom-brings-growing-pains-amid-inflation-grid-delays?utm_source=press.coop

Flexport, Which Soared in the Pandemic, Is Foundering

Silicon Valley is transfixed by the drama at the once high-flying logistics startup Flexport. But first… #press

https://www.bloomberg.com/news/newsletters/2023-09-11/flexport-parts-with-dave-clark-leaving-ryan-petersen-a-big-job?utm_source=press.coop

Here’s the Latest on Germany’s Slow Path Toward a Legal High

Welcome back to the Dose. This week, we take a look at Germany, which has been capturing headlines due to its lurching steps toward legalized cannabis. A number of other European nations, including Belgium, Switzerland, the Netherlands and the Czech Republic, are also looking to... #press

https://www.bloomberg.com/news/newsletters/2023-09-11/germany-is-moving-forward-on-cannabis-here-s-where-it-stands?utm_source=press.coop

Moderna to Pay Immatics Up to $1.8 Billion in Cancer-Drug Deal

Moderna Inc. agreed to pay German biotechnology company Immatics NV as much as $1.8 billion in a broad-ranging, multiyear collaboration on developing cancer therapies using messenger RNA and other technologies. #press

https://www.bloomberg.com/news/articles/2023-09-11/moderna-to-pay-immatics-up-to-1-8-billion-in-cancer-drug-deal?utm_source=press.coop

Credit Suisse Chief Operating Officer to Leave Bank for New Role

Credit Suisse Chief Operating Officer Francesca McDonagh is leaving the firm three months after its emergency takeover by rival UBS Group AG. #press

https://www.bloomberg.com/news/articles/2023-09-11/credit-suisse-coo-francesca-mcdonagh-to-leave-bank-for-new-role?utm_source=press.coop

Dollar Falters: The Bloomberg Open, Americas Edition

Good morning. The dollar rally stalls as China and Japan step up their defenses. Tesla may be in for a valuation boost from its supercomputer. And Novak Djokovic and Coco Gauff are the new US Open champions. #press

https://www.bloomberg.com/news/newsletters/2023-09-11/dollar-falters-the-bloomberg-open-americas-edition?utm_source=press.coop

Doctors’ Pay Cut Stokes Concerns About China Health Crackdown

Hi there, it’s Phoebe in Hong Kong. Today we’ll take a look at a sudden pay cut for doctors at a top Beijing hospital, but first... #press

https://www.bloomberg.com/news/newsletters/2023-09-11/doctors-pay-cut-stokes-concerns-about-china-health-crackdown?utm_source=press.coop

AstraZeneca Lung Cancer Drug Works Better With Chemotherapy

AstraZeneca Plc’s Tagrisso delayed the worsening of advanced lung cancer longer when combined with chemotherapy, according to a study that may help solidify its place in treatment of the disease. #press

https://www.bloomberg.com/news/articles/2023-09-11/astrazeneca-lung-cancer-drug-works-better-with-chemotherapy?utm_source=press.coop

Air China Flight Lands in Singapore After Detecting Smoke

Mechanical failure caused an engine fire that led to passengers and crew evacuating an Air China Ltd. flight via safety chutes at Singapore’s Changi Airport Sunday, according to a preliminary investigation, the airline said. #press

https://www.bloomberg.com/news/articles/2023-09-10/air-china-flight-landed-in-singapore-after-detecting-smoke?utm_source=press.coop

Doubts: The Bloomberg Open, Asia Edition

Good morning. Joe Biden says China’s less able to invade Taiwan. Modi brokers a G-20 success. And it’s back to the 1990s for the US Open. #press

https://www.bloomberg.com/news/newsletters/2023-09-10/doubts-the-bloomberg-open-asia-edition?utm_source=press.coop

Taiwan Envoy Sees ‘Alarming’ Signs in China’s Economic Slowdown

China’s economy is showing clear signs of a slowdown that will have an inevitable spillover to the region, according to Taiwan’s top emissary to the US. #press

https://www.bloomberg.com/news/articles/2023-09-10/taiwan-envoy-sees-alarming-signs-in-china-s-economic-slowdown?utm_source=press.coop

Spanish Football Chief Rubiales to Resign Over World Cup Kiss

Luis Rubiales finally caved in after days of intense pressure and will quit as head of Spain’s football federation following a scandal over kissing a female player on the lips after the team won the Women’s World Cup. #press

https://www.bloomberg.com/news/articles/2023-09-10/spanish-football-chief-rubiales-to-resign-over-world-cup-kiss?utm_source=press.coop

Kingspan Said to Make Rebuffed Proposal for Tie-Up With Carlisle

Kingspan Group Plc made an informal approach to combine with Carlisle Cos., which rebuffed the move to build a global building materials giant, people familiar with the matter said. #press

https://www.bloomberg.com/news/articles/2023-09-10/kingspan-said-to-make-rebuffed-proposal-for-tie-up-with-carlisle?utm_source=press.coop

Comcast’s Xfinity Experiences Outages Before NFL Games

Comcast Corp.’s Xfinity reported outages on Sunday, sparking anger among customers eager to watch National Football League games. #press

https://www.bloomberg.com/news/articles/2023-09-10/comcast-s-xfinity-experiences-outages-before-nfl-games?utm_source=press.coop