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UK airlines surge on virus data as London traders catch up

  Bloomberg UK airline stocks surged as London traders played catch-up following Monday’s holiday while digesting data suggesting a milder impact from Omicron than prior Covid-19 variants. British Airways owner IAG SA soared as much as 11%, the most in more than three months, with short-haul peer Wizz Air Holdings Plc also gaining 11% as it reported a jump in ...

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Supermarkets shelves bare in Sydney as Covid isolates staff

  Bloomberg Sydneysiders are facing empty shelves at some supermarkets as exploding coronavirus cases force a range of staff from truck drivers to warehouse workers into isolation. Woolworths Group Ltd., Australia’s biggest supermarket operator, said some store deliveries are being delayed, while rival Coles Group Ltd. said growing numbers of staff are isolating because of household exposure to the virus. ...

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Amazon denies pulling Kindle from China

  Bloomberg Amazon.com Inc brushed off media speculation that it was suspending sales of its Kindle e-reader in China, after some of its signature product’s models went out of stock on Chinese platforms. “We remain committed to our customers in China,” a company spokesperson said in a statement. “Customers can continue to purchase Kindle e-readers from offline and third-party online ...

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China calls on nuclear-armed nations to focus on AI, space

  Bloomberg Beijing is calling on the world’s nuclear powers to expand discussions on global security to include emerging threats, following a rare multilateral pledge to temper the risks of nuclear war. Fu Cong, director-general of the Chinese Foreign Ministry’s Arms Control Department, told reporters in Beijing on Tuesday that the so-called P5 nations — China, France, Russia, the US ...

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UN envoy says Sudan needs new leaders to usher in democracy

  Bloomberg Sudan’s army is incapable of running the impoverished country and new leaders are needed to stem further unrest, the United Nations special envoy said, after the prime minister’s Sunday resignation once again left the military in sole charge. The generals, who launched a coup in October before restoring Premier Abdalla Hamdok to office the following month, are unable ...

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Ivanka Trump, Donald Trump Jr subpoenaed in asset probe

  Bloomberg Former President Donald Trump’s two eldest children have been subpoenaed by New York authorities probing whether his real-estate business manipulated the value of key assets for tax and insurance purposes. Ivanka Trump and Donald Trump Jr., longtime business associates of their father, filed a joint motion in New York state court to block the subpoenas, accusing New York ...

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Venezuela opposition political parties keep Juan Guaido but curb his powers

  Bloomberg Venezuelan opposition political parties extended Juan Guaido’s mandate as the country’s interim president, but in a more limited capacity that deals a blow to the US-backed effort to confront President Nicolas Maduro. The opposition’s legislative body, following up on December 27’s preliminary approval, voted to amend a governing statute in order to extend its own term for another ...

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Jair Bolsonaro doctor rules out surgery for now

  Bloomberg The medical team treating Brazil’s Jair Bolsonaro has ruled out the need for surgery for now as the president’s condition improved after a day of clinical treatment. The Vila Nova Star Hospital, where the president was admitted in the early hours of Monday after feeling abdominal pain, said in a statement Tuesday morning that Bolsonaro’s intestinal obstruction “disappeared” ...

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JPMorgan, Citi, BofA employees begin 2022 working from home

  Bloomberg JPMorgan Chase & Co, one of Wall Street’s staunchest advocates of returning to Manhattan skyscrapers, is offering employees the option of working from home in the opening weeks of 2022, and Citigroup Inc (Citi) and Bank of America Corp (BofA) are encouraging staff to log on remotely, as more financial firms grapple with the latest surge in Covid-19 ...

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Santander mistakenly hands out $1750m in Christmas blunder

  Bloomberg Banco Santander SA is racing to retrieve 130 million pounds ($175 million) paid out to thousands of British customers in a Christmas Day slip-up. Spain’s biggest lender accidentally made a second payment on December 25 to about 75,000 people and firms who had been due for one-off or programed payments from 2,000 businesses with accounts at its UK ...

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