Tuesday , 16 December 2025

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Kenya Air ramps up cargo capacity for flower season

Bloomberg Kenya Airways Plc increased cargo capacity after its rival, Ethiopian Airlines, was allowed to deploy more freighters to help carry Kenyan flowers to Europe ahead of Valentine’s Day this weekend. The Kenyan airline adapted a passenger Boeing 787 Dreamliner to start carrying cargo, and help meet more flower orders. The conversion and increased flight frequencies will add as much …

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British Airways plans its 2022 test with LanzaJet

Bloomberg British Airways is partnering with LanzaJet for sustainable aviation fuel as part of the carrier’s plans to decarbonise by 2050, amid rising pressure on the aviation industry to cut emissions. The US startup will supply ethanol-derived fuel from its Freedom Pines Fuels facility in Georgia, and British Airways will use it to power some flights starting in late 2022, …

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Ocado cautious about its retail growth in UK

Bloomberg Ocado Group Plc is counting on three new automated warehouses in the UK to improve its ability to meet demand for online grocery shopping that’s thriving during the pandemic. The company’s retail revenue jumped by 35% in 2020, as the UK delivery arm that’s jointly owned with Marks & Spencer Group Plc gained popularity among Covid-wary customers favoring e-commerce …

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Bryant crash probe to highlight gaps in helicopter safety

Bloomberg Basketball legend Kobe Bryant’s death as his chartered helicopter crashed in a Southern California fog bank last year highlighted some familiar — and preventable — safety concerns. They include questionable decisions about whether to take the flight and to proceed in deteriorating weather; possible pressure to fly with a celebrity passenger; and a pilot who hadn’t practiced flying in …

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US stocks halt rally; dollar declines as bonds surge

Bloomberg US stocks were mixed after a six-day rally as investors debated whether commitments by the Federal Reserve and the Biden administration to let the economy run hot will spark destabilising inflation. The S&P 500 Index edged lower, taking a break from a rally fueled by signs the Biden administration intends to pass a sizable aid bill while the central …

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Hong Kong exchange appoints JPMorgan’s Aguzin as new CEO

Bloomberg Hong Kong’s stock exchange named Nicolas Aguzin, who heads JPMorgan Chase & Co.’s international private bank, as its new chief executive officer. After a protracted search, the 52-year-old banker was appointed to a three-year term as the top boss at Hong Kong Exchanges & Clearing Ltd., according to a statement that confirmed an earlier Bloomberg News report. He will …

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Brent oil tops $60 as demand recovers after virus devastation

Bloomberg Oil in London rose above $60 a barrel for the first time in more than a year as stockpiles tighten and the demand outlook improves amid the global rollout of Covid-19 vaccines. It’s another milestone in a stellar comeback from the biggest demand destruction in a generation after the pandemic forced countries to lock down, devastated economies and grounded …

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Breakbulk Middle East opens today

DUBAI / WAM Breakbulk Middle East (BBME) is hosting their Digital Special on Tuesday in the midst of high-level officials and professionals from the breakbulk and project cargo industry. The live-in person event is scheduled to be held on February 01-02, 2022. The event will feature discussions on topics of importance like the significant role of women in the industry …

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Tesco calls on UK’s Sunak to impose higher online sales tax

Bloomberg Tesco Plc is leading calls for an online sales tax to be imposed on digital retailers such as Amazon, as UK Chancellor of the Exchequer Rishi Sunak weighs up reforms to business levies ahead of next month’s budget. The bosses of supermarkets, retail property owners and other store chains are pushing for action to ease their tax burden with …

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Boohoo buys remaining three brands from Arcadia

Bloomberg Boohoo Group Plc snapped up remaining brands from Philip Green’s failed Arcadia Group Ltd after the UK online retailer’s rival Asos Plc acquired the flagship Topshop and other labels. In a fresh sign of the growing dominance of online fashion retailers amid the pandemic, Boohoo agreed to buy the Dorothy Perkins, Burton and Wallis brands for just over 25 …

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