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So, who’s appeasing Vladimir Putin now?

  On the campaign trail in 2020, then-candidate Joe Biden posed as hawk on Russia. In response to reports (later discredited) that then-President Donald Trump had ignored intelligence suggesting Russia had paid for bounties on US forces in Afghanistan, Biden declared that Trump’s “entire presidency has been a gift to Putin.” Biden’s attitude was partly explained by his party’s obsession ...

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Alibaba targets $100b SE  Asian commerce business

  Bloomberg Alibaba Group Holding has unveiled ambitious objectives for its Southeast Asian arm Lazada, accelerating an overseas expansion to offset Chinese economic and regulatory headwinds. The Chinese e-commerce leader is targeting a long-term goal of quintupling gross merchandise value, the sum of transactions across Lazada’s platforms, to $100 billion, Alibaba outlined in a presentation to investors. It wants Lazada ...

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Lufthansa succession clouded as WestJet poaches Austrian CEO

  Bloomberg Deutsche Lufthansa AG’s succession options for Chief Executive Officer Carsten Spohr appear less clear after WestJet Airlines Ltd poached one of the German group’s rising-star managers. Alexis von Hoensbroech quit as chief of the Austrian Airlines division to join the Canadian carrier, he said on his LinkedIn page. Lufthansa said earlier that he had chosen to depart and ...

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