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UPS expands cargo services in India to seize airfreight boom

Bloomberg United Parcel Service (UPS) Inc opened a second airport cargo-handling facility in India to capture soaring pandemic-driven demand for airfreight. The 15,000-square-foot space in Bengaluru’s international airport will connect south India’s automotive, textile, defense and aerospace manufacturing hubs to parts of Asia, Europe and America, Deepak Shrivastava, managing director of UPS’s local unit, said in an interview. UPS will ...

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UK consumers start to doubt food quality at supermarkets

  Bloomberg British consumers are starting to lose faith in the quality of food sold by UK supermarkets as they adapt their buying habits to cope with the highest inflation in four decades. Trust in supermarkets fell 20% over the past year and almost a quarter of shoppers say they are buying lower-quality products to feed their families, according to ...

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Finnair rewrites strategy as Russia’s sky stays off limits

  Bloomberg Finland’s national carrier Finnair is working to overhaul its strategy in an admission that access to Russian skies, which underpinned its previous focus on Asia, will likely not be restored any time soon. “There’s no end in sight for the war in Ukraine,” CEO Topi Manner said on a conference call following second-quarter earnings. “We’re preparing to see ...

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