Bloomberg Auckland Airport has experienced a bounce in international visitor numbers, and is optimistic of further increases as New Zealand eases border restrictions, Chief Executive Officer Carrie Hurihanganui said. Foreign arrivals at the nation’s busiest airport plummeted when the border was shut in March 2020, but have started to recover following the removal of self-isolation requirements for residents returning home ...
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L’Oreal’s sales jump as shoppers buy perfume, pricey skin creams
Bloomberg L’Oreal SA sales climbed as the cosmetics giant benefited from higher demand for its luxury products, weathering virus restrictions in China. The French company’s sales rose almost 14% on a like-for-like basis in the first quarter, beating analyst estimates. Three of the four main divisions grew by double-digit percentages. The stock advanced as much as 2.8% and traded ...
Read More »Major US airlines drop mask mandates on court ruling
Bloomberg Most major US airlines are no longer requiring travellers or employees to wear face coverings on domestic and some international flights. The decisions came hours after a US judge overturned a federal mandate for passengers to cover their faces. The US Transportation Security Administration said after the court ruling that it would stop requiring passengers on planes, trains ...
Read More »Hong Kong travel snags persist with flight bans
Bloomberg Hong Kong’s reopening to the rest of the world is being slowed by the government’s bans on airlines for carrying infected passengers, with 11 routes in total suspended, the most since a peak in January. Hong Kong suspends routes for seven days if three or more passengers on a flight are found to be infected with Covid-19 upon ...
Read More »Florida airports lead pandemic recovery
Bloomberg Miami International Airport saw the biggest increase in passenger seat capacity from pre-pandemic levels amid a surge in domestic tourism in the Sunshine State. Airport capacity in Miami rose 23% in April from the same month in 2019, according to a report from OAG Aviation Worldwide Ltd that examined the world’s largest hubs. Orlando saw capacity rise 2.4% ...
Read More »Ukrainian troops risk being encircled in new offensive
Bloomberg Russia has launched what Foreign Minister Sergei Lavrov hailed as a second phase of the war in Ukraine, and early indications are it could go better for Russia than the first. After a ferocious night of artillery bombardment along a 300 mile (482 km) front line in the east, Russian forces took a pocket of territory including the city ...
Read More »Taiwan TV channel apologises for false China invasion report
Bloomberg A television news channel in Taiwan apologised after erroneously reporting on Wednesday that China had launched an invasion just outside the capital Taipei, triggering alarm online. Taipei-based Chinese Television Systems, a TV network partially owned by the Taiwanese government, ran a ticker along the bottom of the screen at 7 am local time saying that China had attacked ...
Read More »Hundreds of Rohingya escape Malaysian detention centre
Bloomberg About 528 ethnic Rohingya refugees broke out of an immigration detention centre in Malaysia, with more than a hundred still at large, according to the Malaysian Immigration Department. The detainees escaped by breaking down the doors and grills to their block at the Sungai Bakap Temporary Immigration Depot in Penang state, the department said in a statement. The ...
Read More »First protest death fuels calls to oust Sri Lanka president
Bloomberg The first fatality after weeks of protests in Sri Lanka over food and fuel shortages intensified calls for President Gotabaya Rajapaksa to resign, with a key opposition leader saying Rajapaksa was “responsible for every death.†Officers fired live rounds in the central Rambukkana area after tear gas failed to dispel a group of protesters who had blocked a ...
Read More »Indonesia holds key rate to support economic recovery
Bloomberg Indonesia’s central bank kept its benchmark interest rate unchanged to support the economy’s recovery, while downgrading its growth outlook and saying it will keep a watch on price pressures fuelled by the Russia-Ukraine conflict. Bank Indonesia held the seven-day reverse repurchase rate at a record low 3.5% as expected by all 29 economists in a Bloomberg survey. The key ...
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