An immensely brave Ukrainian army, aided by civilians equipped with Molotov cocktails and small arms, is vastly outmatched by Russian armed forces. Nato countries are trying to help by providing more weapons: rifles and machine guns from the Czechs, missile-launchers from the Dutch, antitank missiles from the Estonians, munitions and more antitank weapons from the United States. Even Germany, ...
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Why Indian PM Modi’s party keeps winning?
Prime Minister Narendra Modi’s Bharatiya Janata Party has cemented its grip on national politics with its excellent showing in state elections, particularly in India’s most populous state of Uttar Pradesh. The BJP’s stranglehold on power in New Delhi is based on its strength in the north and west of India. UP, as it is called, is the biggest prize ...
Read More »Russian official deepens $10b puzzle over leased aircraft
Bloomberg Off-the-cuff remarks made by a Russian air-safety official, quickly disavowed by the nation’s industry watchdog, have added to the uncertainty over the fate of some $10 billion in foreign-owned aircraft being held in the country. Valery Kudinov, who heads airworthiness maintenance at Russia’s Federal Air Transport Agency, outlined what appeared to be a plan taking shape for the ...
Read More »United to let unvaccinated employees return to jobs
Bloomberg United Airlines Holdings Inc will allow 2,200 unvaccinated employees to return to their jobs this month, saying there are signs that the Covid-19 pandemic is “beginning to meaningfully recede.†Workers who were granted religious or medical exemptions and put on unpaid leave can resume working on March 28, Kirk Limacher, United’s vice president of human resources, said in ...
Read More »US airlines likely to recover surge in fuel costs from customers
Bloomberg US airlines will likely recover a surge in fuel costs from customers amid a robust desire for travel, according to the president of Sun Country Airlines Holdings Inc. The industry “takes time†to pass along pricier fuel into higher airfares but will do so in the coming months by reducing the amount of flying available, Dave Davis said. ...
Read More »Beauty giant Natura defies skeptics in surprise margin gain
Bloomberg Brazil’s Natura &Co delivered an unexpected margin expansion in the fourth quarter, dealing a blow to skeptics who question whether the cosmetics maker can become a global beauty powerhouse. The firm, which acquired Avon Products Inc less than three years ago and is also the owner of the Natura, Body Shop and Aesop brands, saw its adjusted Ebitda ...
Read More »Aviation fuel scarcity to disrupt Nigerian flights
Bloomberg Airlines in Africa’s largest economy warned of possible flight disruptions in the coming days because of a scarcity of aviation fuel. “Unfortunately the fuel scarcity is starting to seriously impact our operations,†Air Peace, one of Nigeria’s biggest carriers, said in a statement. “We are likely to experience flight disruptions today and in the coming days until the ...
Read More »Logan Airport sees lingering lull in travel
Bloomberg Air traffic is picking back up, but Boston Logan International Airport remains at only about 80% of its prepandemic volume, and business travel is especially slow to return, said the chief of the Massachusetts Port Authority. Normally, Logan’s traffic is about 60% leisure and 40% business, Massport Chief Executive Officer Lisa Wieland told Bloomberg Radio. These days, it’s ...
Read More »US says North Korean ‘satellite’ launches were tests for ICBM
Bloomberg The US is preparing new penalties against North Korea after determining that a pair of purported satellite launches by Kim Jong Un’s regime were used to test systems for a long-anticipated new ICBM. The restrictions would aim to further block North Korea’s purchase of foreign technologies, a senior Biden Administration official told reporters Thursday, without providing more details. The ...
Read More »China’s premier Li reaffirms support for ceasefire talks between Russia, Ukraine
Bloomberg Premier Li Keqiang reiterated China’s support for cease-fire talks between Russia and Ukraine, while continuing to avoid criticizing the invasion ordered last month by President Vladimir Putin. “On Ukraine, indeed the current situation there is grave and China is deeply concerned and aggrieved,†Li said in response to a question at his annual news briefing at the end ...
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