Ukraine’s president wants the West to ban Russian travellers in the hopes of boosting internal pressure against President Vladimir Putin. Calls from European states for a crackdown on visas are also growing louder. Such measures may seem appealing in light of Putin’s aggression, but there’s no guarantee that they’d work as proponents expect. Far better to lay out the ...

  Bloomberg Singapore will start work on a fifth terminal at Changi Airport — regularly voted among the world’s best — with a revised design that allows it to adjust capacity during a pandemic. The move comes as the city-state works to cement its place as Asia’s primary aviation hub, with rival Hong Kong still imposing Covid quarantines and other ...

  Bloomberg Kenya Airways Plc is looking to reduce jet-leasing costs by more than a third as the carrier targets break even by 2024. Negotiations with lessors has so far led to a 19% cut in overall rental costs, Chief Executive Officer Allan Kilavuka said on Wednesday during a virtual briefing. The move is part of a wider restructuring following ...

  Bloomberg ExpressJet Airlines, a small regional carrier that was once among the world’s biggest by fleet size, filed for bankruptcy with plans to liquidate after ceasing operations. The company, based in Georgia, listed assets and liabilities of no more than $50 million each in its bankruptcy petition. ExpressJet laid off most of its workforce prior to filing for bankruptcy, ...

  Bloomberg Nordstrom Inc, which investors saw as insulated by its affluent customer base, sank after trimming its full-year outlook as the retailer’s Rack business slows amid lower demand and inventory buildup. The department-store operator lowered its forecast for full-year sales to a range of 5% to 7%. That one-percentage-point cut comes just three months after Nordstrom had raised its ...

  Bloomberg UK supermarkets are phasing out expiration dates on a range of perishable items in favour of good old-fashioned shoppers’ judgment. And while the chain retailers say the move will save customers money and cut waste, it marks a new turn in a grim consumer battle with rampant inflation. Asda, Co-Op, Morrisons, Waitrose, Tesco and Marks & Spencer Group ...

  Bloomberg Dublin Airport was expected to finally open its new runway in a move that is hoped will reduce delays following a summer of long queues and travel disruption across Europe. The first flight from the north runway was planned to take off on Wednesday between 11.30am and 12.30pm, with an introductory morning schedule starting from August 25. Airports ...

Bloomberg US President Joe Biden announced a $2.98 billion weapons and equipment package for Ukraine on the six-month anniversary of Russia’s invasion, the biggest tranche of American security assistance to date. The announcement came as Ukraine celebrates the anniversary of its independence from the Soviet Union in 1991. The White House said the latest package will allow Ukraine to purchase ...

Bloomberg US forces carried out airstrikes in Syria against groups tied to Iran’s Islamic Revolutionary Guard Corps, US Central Command said, a move that comes as Washington and Tehran weigh a new nuclear agreement. The strikes at Deir ez-Zor in eastern Syria were “intended to defend and protect US forces from attacks like the ones on Auguat 15 against US ...

  Bloomberg Eight years ago, then-army chief Prayuth Chan-Ocha staged a coup in Thailand and ripped up the constitution. On Tuesday, he was suspended as prime minister until a court determines whether he violated the new charter produced by his allies. The surprise action by Thailand’s Constitutional Court puts Prayuth on the sidelines at least temporarily until it rules on ...