Bloomberg Airlines will soon be charged more for polluting in Europe, but private jets and Amazon.com packages are set to escape the tougher rules. That’s part of a plan by the European Union set to be unveiled next week. While commercial flights are set to be subject to a new tax system that discourages the use fossil fuels, private jets ...
Read More »Admin
CD&R pushes for $8.7b Morrison race
Bloomberg Clayton Dubilier & Rice (CD&R) is pushing ahead with its pursuit of British grocery chain Wm Morrison Supermarkets Plc, as it seeks to beat an agreed 6.3 billion-pound ($8.7 billion) bid from Fortress Investment Group, people with knowledge of the matter said. Morrison has granted CD&R access to confidential information as it works on an improved offer, the people ...
Read More »Pro-Zuma protests spread to S Africa’s economic hub
Bloomberg Violent protests in South Africa linked to the arrest of former President Jacob Zuma have spread to the nation’s economic hub in Johannesburg with another major road shuttered. That follows the closure of a key trade route in the country’s KwaZulu-Natal Province after trucks were torched before the weekend. Parts of the N3 Toll Route, which links the port ...
Read More »US has no plans to send troops to Haiti: Official
Bloomberg President Joe Biden’s administration doesn’t currently plan to send military assistance to Haiti despite a request by the government for US troops following the assassination of President Jovenel Moise, a senior administration official said. Moise’s assassination has further destabilised the already fragile political structure in Haiti, where gang violence, natural disasters and the coronavirus have all taken their toll ...
Read More »Pop star vies to upend Bulgarian politics in do-over election
Bloomberg A late-night talk-show host and performer of the Balkan analog of gangster rap is itching to end the run of one of Europe’s longest-serving leaders in a Bulgarian election do-over. Stanislav Trifonov, a pop-folk singer known as “Slavi,†has been railing against inequality and corruption even before Bulgaria joined the European Union in 2007. He’s tapping into discontent among ...
Read More »Merkel bloc widens lead in German election poll
Bloomberg Chancellor Angela Merkel’s conservative bloc widened its lead in a weekly poll ahead of Germany’s election as support for the Green party fell for a third consecutive week. With Merkel’s Christian Democratic-led bloc steady at 28% in the Insa poll, the opposition Greens declined 1 percentage point to 17%, leaving them level with the Social Democrats, Merkel’s junior coalition ...
Read More »French minister rules out new lockdown as Delta spreads
Bloomberg France must “live with the virus†rather than count on a new lockdown to contain the spread of a new variant of Covid-19, a key ally of President Emmanuel Macron said ahead of a presidential address. The country could reintroduce limits on the number of people allowed in restaurants and other venues, and extend the use of the so-called ...
Read More »People in UK ‘expected’ to wear masks indoor after coronavirus curbs lifted
Bloomberg The UK government is set to issue guidance that people are “expected to†continue wearing masks in indoor, enclosed spaces after coronavirus restrictions are lifted in England on July 19. Although face coverings will no longer be mandatory in any setting, there will be an expectation for people “to wear masks indoors, in crowded places, on public transport,†Vaccines ...
Read More »Covid-19: Fauci criticises partisan gap for holding back vaccinations
Bloomberg Anthony Fauci, the top US infectious disease specialist, said “ideological rigidity†is preventing people from getting Covid-19 shots and voiced frustration at the struggle to boost vaccination rates in parts of the country. “It’s not an easy solution,†Fauci said on ABC’s “This Weekâ€. “We’ve got to get away from this divisiveness that has really been a problem right ...
Read More »Banks in US poised for weaker results after pandemic windfall
Bloomberg In the upside-down world of global banking, getting back to normal is bad news for the bottom line. Wall Street churned out massive windfalls during the pandemic, but the economic reopening made possible by widespread vaccinations means this year’s earnings will look weaker by comparison. The big down arrow will be trading revenue, which is expected to show a ...
Read More »