Bloomberg Hong Kong businessman Sam Wong, 60, has scrapped his holiday plans. An executive director at China Renewable Energy, Wong was booked to fly to the US to spend Christmas with his two children who are studying there. He hasn’t seen them in six months. One week before his flight, the Hong Kong government declared that travellers returning from ...

  Bloomberg Ghana will charge airlines $3,500 for every passenger flown in the country who isn’t fully vaccinated against Covid-19, part of a push by the West African country to avoid a fresh wave of infections. Carriers that take vaccinated passengers without negative PCR test results into Kotoka International Airport will also be fined starting from Tuesday, the Ghana Health ...

  Bloomberg Airbus is closing in on a deal to supply Dutch airline KLM with single-aisle jets, unseating incumbent Boeing, according to people familiar with the matter. The planemakers are competing on an order for as many as 160 aircraft for KLM and low-cost carrier Transavia, as parent Air France-KLM refreshes the brands’ medium-haul fleets. The contest remains in flux, ...

  Bloomberg Voters in both Northern Ireland and the Republic of Ireland see themselves united as one country in the next 10 years, according to polls conducted on both sides of the border. South of the border, 62% of people favour Irish unity, though the majority view it as a long-term project rather than an immediate priority, according to a ...

  Bloomberg South Africa jettisoned a plan that would have forced about 200,000 Zimbabweans to return home, to the satisfaction of critics who said it would have caused a humanitarian crisis. The Department of Home Affairs gave no reason for withdrawing its directive to end the Zimbabwean Exemption Permit. The cabinet’s decision to end the permits drew a chorus of ...

  Bloomberg The son of Russian President Vladimir Putin’s top domestic policy adviser was appointed the head of the country’s biggest social network after Gazprom PJSC-linked companies bought a controlling interest in it. Vladimir Kirienko, 38, who was previously a first vice-president at state-owned Rostelecom, has been named chief executive officer at VK, the company said in a statement. He ...

  Bloomberg The Economic Community of West African States threatened over the weekend to impose new sanctions on Mali to compel the country’s military leaders to set a timetable for February 27 elections that would restore democratic rule. Ecowas, as the regional economic bloc is known, is considering “economic and financial sanctions” from January 1, according to a statement issued ...

  Bloomberg UniCredit SpA intends to return at least $18.1 billion to shareholders by 2024, rolling out one of Europe’s most ambitious payout plans as part of Chief Executive Officer Andrea Orcel’s first strategy revamp. The Milan-based lender is seeking to distribute 100% of underlying profit in a mix of cash dividends and share buybacks on 2021 earnings, according to ...

    Bloomberg Reserve Bank of India (RBI) allowed Life Insurance Corp of India (LIC) to double its stake in private-sector lender IndusInd Bank Ltd., the company said in a filing to exchanges. The nation’s largest insurer can raise its stake in the bank founded by the billionaire Hinduja brothers up to 9.99% from the current 4.95%, the bank said ...

  Bloomberg JPMorgan Chase & Co was ordered by a London judge to give a trader that it fired during a market spoofing probe a near $600,000 job at the investment bank. The bank must rehire Bradley Jones, a cash equities trader, who won his unfair dismissal case earlier this year. Jones successfully argued that he was only fired because ...