Thu. Mar 30th, 2023

Bloomberg Surveillance: Early Edition with Anna Edwards, Matt Miller & Kailey Leinz live from London, Berlin and New York, bringing insight on global markets and the top business stories of the day.
Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. Hear the latest economic, business and market news, as well as global, national, and local news.
Filmed at key heritage sites all across Hong Kong, including Tai Kwun, Tang Tsing Lok Ancestral Hall and Kowloon Walled City Park, this documentary showcases Hong Kong’s multicultural history. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements.
The US Has a Renewed Urgency to Regulate Crypto Post-FTX (Podcast)
Adani Share Sale Fully Subscribed After Last-Day Jump in Bids
Sri Lanka’s Inflation Cools to 8-Month Low as Supply Snarls Ease
UK Mortgage Approvals at Lowest Since Pandemic as Rate Rises Bite
Bank of Korea Dissenters Are Uneasy About Impact of Higher Interest Rate on Already Slowing Economy
Cnooc’s $3 Billion UK Portfolio Sale Has Stalled on Valuation Gap
Nissan Resolves Renault Grievance Through Big Payoff for Partner
The Search for Rio Tinto’s Toxic Capsule, Somewhere in Australia
China Electric-Car Upstart Xpeng Pushes Back Profit Goal After Horror Year
Alibaba Shares Lose $28 Billion in Sign Rally is Fizzling Out
China Blasts Incoming Czech Leader Over Call With Taiwan Leader
Britain’s Senior Doctors to Consider Whether to Join Strikes
Glut of Superfood Honey Hurts New Zealand Beekeepers
Sports Fans Flock to Phoenix Where Even a Super 8 Motel Runs $450 a Night
A Black Hospitality Executive Drives Hyatt’s Community-Centric Push
Showtime to Merge With Paramount+ Streaming Service This Year
Crash Course: Donald Trump Vs. the Republican Party
Israel’s Twin Crises Put the UAE in a Double Bind
America’s Work Ethic Is Under Assault
The Shipping Industry Is Getting a Slew of New Vessels—Right as Demand Cools
A $500 Million Bet on Reinvigorating Japan’s Aging Ski Industry
The Secret to EV Success Is the Software
Tyre Nichols’s Killing Leads Senators to Rethink Policing Talks
White House Officials to Attend Memphis Funeral for Tyre Nichols
Europe’s Fossil Fuel Use Is Set to Plummet in 2023, Report Says
Nissan Resolves Renault Grievance Through Big Payoff for Partner
New Metro-North Rail Service to Penn Station Postponed by Seven Months
Denver Bets on Rental Cars to Boost EV Adoption
Vancouver Embarks on Bold Experiment to Decriminalize Hard Drugs
The US Has a Renewed Urgency to Regulate Crypto Post-FTX (Podcast)
Should You Try Fidelity’s Crypto Platform? (Podcast)
Sam Bankman-Fried Denies US Witness Tampering Claim
Consumers are back and willing to spend on electric vehicles in India, but the infrastructure to support the sector is lagging. Hybrids could be the answer.
All that glitters.
Photographer: Anindito Mukherjee/Bloomberg 

Subscriber Benefit
India is now among the top three auto markets in the world. A feat indeed, but it’s being driven by internal combustion-engine cars even as global pressures force a pivot to cleaner electric vehicles.
Over 4 million four-wheel vehicles were sold in India last year, surpassing Japan and coming in behind China and the US. That’s a stunning reversal from almost eight months ago, when sales tanked to a decade-low and swathes of production capacity lay idle. Now, with the economy growing at a fast clip, car buyers are back and willing to spend. While the broader market is largely made up of motorbikes, where the cost of ownership is low compared to larger autos, aspirational Indians are edging into the passenger segment. Bigger, sport utility vehicles are now a larger portion of the mix, too.


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