Bloomberg Airbus SE has tried for years to find a new customer for its bigger jets in India, the world’s fastest growing aviation market before Covid shattered travel. Two of its previous buyers went bankrupt, while another was sold, giving arch rival Boeing Co a firm foothold in the South Asian nation’s market for transcontinental planes. Remi Maillard, the ...

  Bloomberg Clayton Dubilier & Rice (CD&R) LLC has been given five days to address competition concerns in its 7 billion pound ($9.2 billion) purchase of British grocer Wm Morrison Supermarkets Plc or it will face an in-depth probe from the UK’s watchdog. The Competition and Markets Authority (CMA) said the deal could lead to higher fuel prices in 121 ...

  Bloomberg A coalition of leading passenger and cargo airlines is calling on Hong Kong to scrap pre-flight and on-arrival Covid-19 tests for aircrew, saying they are a key reason to avoid flying to the city. Hong Kong is the only jurisdiction in Asia that requires such tests, which lead to delays and the risk of staff being sent to ...

  Bloomberg Next Plc lowered its profit and sales guidance for this year as the war in Ukraine and record inflation in Britain dimmed the retailer’s outlook. The clothing and housewares chain forecast a profit of 850 million pounds ($1.1 billion) in the year through January, a 10 million-pound drop on a previous estimate, in a statement. Often considered a ...

Bloomberg Vaccine passports will probably become redundant as more people are inoculated against Covid, and efforts to create a common standard are stymied by differing entry requirements, the head of the world’s biggest airline alliance said. “There’s no way that this has been integrated in one place,” Star Alliance Chief Executive Officer Jeffrey Goh said in an interview in Singapore. ...

  Bloomberg Amazon.com Inc has stopped work on a new warehouse in San Francisco after the city’s Board of Supervisors voted unanimously to implement a moratorium on new parcel delivery services there. The incident is the latest flashpoint between Amazon and some of the communities where it’s setting up shop amid a rapid expansion of its urban presence. The world’s ...

Bloomberg Nato agreed to boost its deployments in the eastern portion of the defense alliance, doubling the number of battle groups to eight, as the US said it is working with Nato to prepare for possible biological or nuclear incidents by Russia. The world’s leading developed nations plan to warn President Vladimir Putin against deploying such weapons amid his stalled ...

Bloomberg The US announced a new package of sanctions on Russian elites, lawmakers and defense companies, punishments designed to ramp up pressure on Moscow over its invasion of Ukraine. The measures announced Thursday during summit meetings between President Joe Biden and Nato, as well as the Group of Seven, will be followed by others to reduce Europe’s reliance on Russian ...

Bloomberg North Korea launched what appeared to be its first intercontinental ballistic missile (ICBM) in more than four years, as Kim Jong-un finally abandoned a testing freeze that had underpinned an unprecedented wave of talks with the US. The missile was launched from the Sunan area outside Pyongyang on Thursday, reaching an altitude of 6,200 kilometres (3,900 miles) and traveling ...

  Bloomberg Chinese Foreign Minister Wang Yi arrived in Kabul unannounced and held talks with the Taliban’s Foreign Minister Amir Khan Muttaqi and others leaders, his first visit since the militant group seized power last year. “Important issues” related to joint efforts in alleviating the country’s humanitarian crisis and improving bilateral trade were on the agenda, the Taliban’s deputy spokesman ...