Tuesday , 16 December 2025

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Bank of Russia’s worry grows even with inflation vanquished

Bloomberg The Bank of Russia is refocussing its sights on trying to support economic growth after inflation settled at the lowest level in the country’s modern history and geopolitical risks receded. While central banks tend to eschew efforts to look beyond their mandate, policy makers in Moscow appear willing to take on the challenge of economic growth head on. The …

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Airbus mulls raising output of A320 jets as demand soars

Bloomberg Airbus SE is considering increasing production rates for its best-selling single-aisle A320 jetliners, as airlines around the world place orders for hundreds of planes to meet surging demand for air travel. “The success of the products is forcing us to look at any opportunities we can have to improve the rate,” Eric Schulz, Airbus’s new sales chief, told reporters …

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Boeing working with US to lift Vietnam’s Air safety rating

Bloomberg Boeing Co. is working with the US and Vietnamese governments to lift the Southeast Asian nation’s aviation safety rating and help enable its state-run carrier to operate flights to as far as Los Angeles, an executive said. “Right now, they don’t have Category 1,” Dinesh Keskar, senior vice president of Boeing’s Asia Pacific and India sales, said in an …

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Bombardier sees sales pace picking up

Bloomberg Bombardier Inc. has regained momentum on sales campaigns with its customers, after a US trade ruling in January blocked a proposed import duty on its planes, removing an uncertainty for a jet it spent $6 billion developing. “It’s been a big relief for the industry, it’s a great victory for competition, for innovation, for the rule of law,” Colin …

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Avon picks Unilever veteran as CEO

Bloomberg Avon Products Inc named its first male chief executive officer in almost two decades, appointing Unilever veteran Jan Zijderveld to succeed Sheri McCoy as the cosmetics seller seeks to revive its business outside the US. Zijderveld, the Anglo-Dutch consumer-product giant’s European president, joins the door-to-door makeup seller after it split off its declining US business and moved its headquarters …

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Wanna beat Amazon in Spain! Start speaking Spanish

Bloomberg How can regional startups compete with Amazon.com Inc. and Microsoft Corp. in the cloud-storage space? Look for small clients, speak Spanish, and snap up your peers, according to one CEO. Diego Cabezudo, co-founder and chief executive officer of Spain’s Gigas Hosting SA, believes his company’s model of helping customers develop their cloud infrastructure, and doing so in their local …

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Europe warned of gas crunch without import from Russia

LONDON / Reuters Europe will face a gas shortage and price spike as soon as the next decade if it doesn’t decide quickly to boost imports from Russia as gas purchases from the United States fail to match demand, Kremlin energy giant Gazprom told Reuters. The Trump administration has said it intends to level the playing field in energy markets …

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Iraq seeks $100bn foreign investment

BAGHDAD / Reuters Iraq seeks around $100 billion in foreign investment in transport, energy and agriculture as part of a plan to rebuild parts of the country and revive the economy after a three-year war on IS. The government’s National Investment Commission published a list of 157 projects it will seek investment for at an International Conference for Reconstruction of …

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A ‘driverless’ threat to real estate laws

Bloomberg The link between property and transport has been perhaps the most durable in human history. Since the ancients, few things have delivered higher land values with more certainty than advances in transport, from roads to canals, railways to highways. It’s still “a no-brainer” in the 21st century, says Bridget Buxton. She bought a fixer-upper with her husband in a …

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Uber, Bell helicopter alliance to bring first air taxis by 2025

Bloomberg Bell Helicopter, which has tied up with Uber Technologies Inc. to revolutionise mass transportation, expects to bring the first air-taxis under the partnership by the middle of next decade, according to an executive at the Textron Inc. unit. “Air taxi is the next way for our industry, and it’s very important for us to make sure we are among …

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