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Joe Biden should give Maduro reason to fret

One of the defining features of the Trump years has been the collapse of bipartisan consensus on foreign policy. There is at least one notable exception, however: support for a democratic transition in Venezuela. When Juan Guaido, the leader of Venezuela’s national assembly and the man recognised by the US and more than 60 other nations as the country’s interim ...

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EasyJet expands its summer schedule on travel rebound

Bloomberg EasyJet Plc is seeing a stronger than anticipated rebound in passenger demand following the lifting of lockdowns, prompting it to accelerate the addition of flights. The stock rose the most in two months after EasyJet said that its aircraft flew 84% full in July. With bookings for late summer ahead of projections the carrier will operate 40% of capacity ...

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Southwest pulls back on jet cleanup to save time

Bloomberg Southwest Airlines Co has scaled back its aircraft-cleaning procedures between flights to prevent reduced staffing and busier operations from keeping aircraft on the ground longer than scheduled. Starting from August 1, Southwest stopped wiping down arm rests and seat belts after every flight, as well as other areas around seats that had been occupied. Tray tables and lavatories, considered ...

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Tyson replaces CEO after two years, warns of slowdowns

Bloomberg Tyson Foods Inc is replacing its top boss just as the pandemic boosts costs and clouds the outlook for America’s top meat producer. Noel White, 62, will step down as chief executive officer after just two years on the job, but will remain at the company as executive vice chairman, Tyson said in a statement. He will be replaced ...

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Clock is ticking for Garuda with cash pile thinning fast

Bloomberg Indonesia’s flag carrier needs cash fast as losses soar past a half-billion dollars and unpaid bills pile up, yet negotiations for government aid move slowly and still may not yield enough to cover the shortfall. A first-half loss of $713 million, announced last week, was just the latest piece of bad news for PT Garuda Indonesia. The airline already ...

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Hugo Boss seeks financing support

Bloomberg Clothing retailers, including department stores, have raised $36 billion from banks to help weather store closures and lost revenues during the coronavirus pandemic. German apparel brand Hugo Boss AG has joined more than 100 similar companies from Europe and US in seeking financing support. Boss has drawn down part of its existing credit line, borrowed additional funds supported by ...

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UK’s DW Sports collapse puts 1,700 jobs ‘at risk’

Bloomberg DW Sports, founded by former English soccer player David Whelan, filed for administration after the company had to close dozens of its gyms and retail stores due to the Covid-19 pandemic. BDO LLP was appointed administrator of the UK retailer and said all the company’s approximately 1,700 jobs are “at risk of redundancy,” according to an emailed statement. DW ...

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Kashmir under curfew a year after revocation of autonomy

Bloomberg Local administration imposed sweeping curbs on movement and the internet in India’s portion of the disputed Muslim-majority region of Kashmir ahead of the one-year anniversary of the revocation of seven decades of regional autonomy. The capital Srinagar was placed under curfew on Tuesday and Wednesday amid fears of violent protests from separatists who oppose the ending of the special ...

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Pentagon to bolster Poland presence with 1000 more personnel

Bloomberg The Pentagon said the US and Poland have completed negotiations on an expanded defense cooperation agreement that will result in 1,000 additional US personnel being sent to the Eastern European country on a rotational basis. The increased presence will include forward elements of the US Army’s V Corps headquarters and intelligence, surveillance and reconnaissance capabilities, Secretary of Defense Mark ...

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American journalists in HK may be Beijing’s next target

Bloomberg China could take aim at American journalists in Hong Kong, if the US doesn’t renew visas for Chinese journalists, Global Times Editor-in-Chief Hu Xijin said. “From what I know, given that the US side hasn’t renewed visa of Chinese journalists, Chinese side has prepared for the worst scenario that all Chinese journalists have to leave the US,” Hu said ...

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