Bloomberg A Covid-era invention that protects plane passengers from the virus with a curtain of fast-flowing air is proving redundant, underscoring how little travellers care about the risk of infection in the rush back to the skies. Washington-based Pexco Aerospace Inc. has spent the pandemic designing and manufacturing a device that clips onto air vents inside the aircraft. The ...

  Bloomberg Burberry Group Plc showed lackluster sales growth last quarter as customers in China were kept at home first by strict pandemic controls and then, at the very end of the year, by a viral surge as the government loosened restrictions. Comparable store sales rose 1% in the quarter ended December 31, 2022, below the 1.4% gain analysts anticipated. ...

  Bloomberg Amazon.com Inc. is halting “AmazonSmile,” a decade-old charitable program that let customers pick a charity to receive a donation from the company equal to 0.5% of their purchases. The announcement, which coincided with a fresh round of layoffs that will affect 18,000 Amazon employees, showed how tech industry cost-cutting could ripple through the nonprofit world. The company, which ...

Bloomberg Close to half a million workers are ready to strike on a single day as Britain faces an escalation of industrial action across a number of sectors. Unions representing civil servants, teachers, university staff and train drivers have said their members will walk out on Feb. 1 as part of demands for higher pay to cope with the worst ...

  Bloomberg President Joe Biden’s plan to subsidize clean energy is “dangerous” and risks pushing the world toward protectionism, Britain’s Business Secretary Grant Shapps said, in the UK’s bluntest criticism to date of the US Inflation Reduction Act. European Union leaders say the US legislation will unfairly benefit American firms and violate World Trade Organization rules. To date, Prime Minister ...

  Bloomberg US Treasury Secretary Janet Yellen, declaring that African can help shape the future of the global economy, will set out why the Biden administration intends to elevate its focus on the continent over the next two years in a speech she’s slated to deliver Friday in Dakar, Senegal. “The United States is committed to building on Africa’s significant ...

  Bloomberg Prices for Swiss single family homes fell for the first time since before the pandemic, raising the prospect that a market that has boomed for decades may be turning. Transaction prices declined 0.18% in the final three months of 2022, data compiled by Zurich-based real-estate consulting firm Wuest Partner show. The last time they fell was in the ...

  Bloomberg Australian employment unexpectedly fell last month while the jobless rate remained unchanged, sending the currency and bond yields lower as traders pared bets on a February interest-rate increase. Employers cut 14,600 roles in December — the first decline in five months — confounding expectations for a 25,000 increase, official data showed Thursday. Unemployment held at 3.5% after being ...

Bloomberg The Biden administration is planning to send about 100 Stryker armored vehicles in its next package of military aid to Ukraine worth about $2.5 billion. The US is poised to unveil the package as part of a broader announcement by western allies of new hardware for Ukraine that’s set for Friday, when defense ministers meet at Ramstein Air Base ...

  Bloomberg India dismissed as a “propaganda piece” a recently broadcast BBC documentary about the 2002 Gujarat riots and Prime Minister Narendra Modi’s role in the violence in his home state. More than 1,000 people — mostly Muslims — were killed in sectarian violence across the state after a train carrying Hindu pilgrims was burned allegedly by a Muslim mob. ...