Thursday , 25 December 2025

Recent Posts

Cape Town aims to buy ‘own power’

Bloomberg Cape Town, South Africa’s second-biggest city, said it could buy its own renewable energy within five to six years if it wins a court case against the government. The city of 4 million people has sued the Energy Ministry and the national power regulator to obtain the right to procure its energy in a case that could pave the …

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Airlines caught unawares as India allows local flights

Bloomberg India’s decision to resume domestic flights from May 25 was a bolt out of the blue for most of the country’s aviation companies. Top executives at three Indian airlines said they learned about the move when the aviation minister tweeted it. The executives asked not to be identified citing rules on speaking to the media. Airline shares surged. Most …

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United Air’s new CEO eases tone on job cuts

Bloomberg United Airlines Holdings Inc’s new chief executive officer vowed to work with the carrier’s labour unions on “creative” ways to slash labour spending and potentially avoid furloughs if travel demand doesn’t recover by October. Reduced work hours would be one possible approach, Scott Kirby said in an interview with CNBC and again at the United’s annual meeting. His comments …

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