Much of the commentary about the Ukraine war’s implications for the investment-management industry has tended to be both immediate and narrow, particularly in discussions about the spillovers for different segments. By zooming out, however, some longer-term ramifications become more apparent for both public and private markets. The war is amplifying and accelerating six important secular evolutions that were already ...

  Bloomberg Kenya Airways Plc’s board gave approval for the carrier to hedge prices for more than 35% of its fuel needs and is in talks with the African Airlines Association for bulk fuel purchases in a drive to cut costs. Fuel accounts for at least a quarter of costs for the airline in which the Kenyan government has a ...

Bloomberg Christian Smalls, who started a labour union after being fired by Amazon.com Inc, was on track to potentially win a historic election to unionise one of the e-commerce giant’s facilities in New York. When federal labour officials overseeing the election halted the count, Smalls’ upstart Amazon Labor Union had 1,518 yes votes compared with 1,154 no votes from workers ...