Recent Posts

European airlines hone plan to tackle backlash over emissions

Bloomberg Europe’s airlines are coalescing around a two-pronged response to a public backlash over carbon emissions. Carriers initially plan to extend the use of offsets like tree planting to compensate for greenhouse-gas output while also embracing sustainable biofuels, executives from companies including Deutsche Lufthansa AG, EasyJet Plc and IAG’s British Airways arm said at a conference in Berlin. That’s before ...

Read More »

Air Tanzania jet seized in Canada over dispute

Bloomberg One of Air Tanzania’s new Bombardier aircraft has been impounded in Canada amid a land-compensation dispute dating back to the 1980s, according to the East African nation’s government. The decision by Canadian authorities to impound the Bombardier Q400 plane isn’t directly linked to Tanzania’s national carrier and is related to a dispute between the East African nation and a ...

Read More »

Berkshire takes on short sellers with bet on furniture retailer

Bloomberg Berkshire Hathaway Inc’s new wager on furniture retailer RH has Warren Buffett’s company in a place it rarely finds itself: invested in a heavily shorted stock. RH is the most popular short in the home-furnishing retail sector with 37% of the shares available to trade on loan to bears, according to data from financial analytics firm S3 Partners. The ...

Read More »
Send this to a friend