Bloomberg United Airlines Holdings Inc. expects a delayed recovery in air travel this year as the coronavirus resurgence pressures business and leisure travel, slowing the carrier’s momentum after a robust holiday season pushed its fourth-quarter results above Wall Street’s estimates. The spreading omicron variant prompted United to lower its capacity forecast for 2022 to below the 2019 level, according ...

  Bloomberg Airline bosses are urging UK Health Secretary Sajid Javid to restore restriction-free international travel at least for the fully vaccinated, citing evidence that recent curbs haven’t been effective in preventing the spread of omicron. In a letter to Javid, chief executives of British Airways, Ryanair and other carriers asked for a clear protocol for managing future outbreaks “without ...

  Bloomberg The US ordered family members at its embassy in Kyiv to leave “due to the continued threat of Russian military action,” signaling a further turn of the screw in the standoff over Ukraine. While the US renewed warnings that Russia could send forces into Ukraine at any time, the New York Times reported that President Joe Biden is ...

  Bloomberg Mutinous soldiers in Burkina Faso detained the nation’s president and asked him to sign a resignation letter, people familiar with the matter said a day after an army mutiny. President Roch Marc Christian Kabore is being held at a military camp, the people said, asking not to be identified because they’re not authorized to speak to the media. ...

  Bloomberg UK Prime Minister Boris Johnson faces the most critical week of his premiership, as he braces for the outcome of an investigation that could lead to his own colleagues ousting him. Allegations are also mounting over the conduct of his government whips — the Conservative Party lawmakers responsible for maintaining party discipline — with member of Parliament Nusrat ...

  Bloomberg The popular Chinese messaging application WeChat appears to have blocked access to Australian Prime Minister Scott Morrison’s account, leading one senator to call for a parliament-wide boycott of the service. Senator James Paterson, chair of the Parliamentary Joint Committee on Intelligence and Security, said on Monday the prime minister’s team had been having trouble accessing the WeChat account ...

  Bloomberg French President Emmanuel Macron’s approval rating has stumbled less than three months before the first round of the country’s election. Macron’s approval rating fell to 37% in January from 41% a month earlier, while 60% disapproved, according to a poll by Ifop for the Journal du Dimanche published on Sunday. It was the biggest decline in the survey ...

  Bloomberg Standard Bank Group Ltd said 99% of its transaction volumes in South Africa are now cashless, a trend that has helped the continent’s largest lender by assets to cut costs. “It’s extraordinary,” Standard Bank’s Chief Executive Sim Tshabalala said in an interview with Bloomberg News editor-in-chief Emeritus Matthew Winkler at the Africa Business Media Innovators Conversation. “What we’ve ...

  Bloomberg ICICI Bank Ltd’s profit in the third quarter rises 25% from a year earlier, helped by interest earnings from lending as the impact from the coronavirus pandemic eased. Net income was 61.9 billion rupees ($832 million) in the quarter ended December compared with 49.4 billion rupees a year ago, the company said in a statement to the stock ...

  Bloomberg Barclays Plc is offering its chief executive officer C.S. Venkatakrishnan 6,550 pounds ($8,877) a month in housing allowance for almost two years to encourage the banker to shift from New York to London after his appointment late last year, according to the Sunday Times. Venkatakrishnan took over as CEO on November 1 after former CEO Jes Staley stepped ...