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China orders 5 airlines to halt some flights on virus cases

Bloomberg China’s Civil Aviation Administration ordered five domestic and foreign airlines to suspend some flights from Monday after multiple coronavirus cases were found on board, it said. The carriers included Air China Ltd, which had six infections detected on an inbound flight from Frankfurt to the northeastern city of Changchun, the administration said in the statement. KLM Royal Dutch Airlines, ...

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Ikea sees shortages amid supply-chain crisis

Bloomberg Swedish home-furnishings giant Ikea gave a bleak outlook for the retail industry, saying it expects shortages from the supply-chain crisis to remain an issue through the middle of next year. “The biggest challenge has been getting products out of China, where there has been a very limited capacity,” Chief Executive Officer Jon Abrahamsson Ring of Inter Ikea, the worldwide ...

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Asean excludes Myanmar junta leader from summit

Bloomberg Southeast Asian countries have agreed to exclude the Myanmar’s junta leader from a big ticket summit later this month, a rare and decisive move to hold the regime accountable for worsening civil strife in the country and refusing to engage with its political opponents. Myanmar, controlled by a military junta led by Min Aung Hlaing since a February coup, ...

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Venezuela government to skip Mexico talks after Saab extradition

Bloomberg Venezuela’s government pulled out of a round of negotiations with the political opposition set to begin on Sunday in Mexico to protest the extradition of a close ally of President Nicolas Maduro to the US. “The government is suspending its participation in the negotiation and dialogue roundtable,” said Jorge Rodriguez, president of the government-controlled National Assembly and chief of ...

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China tested an earth-circling hypersonic missile, FT reports

Bloomberg China tested a nuclear-capable hypersonic missile that circled the globe before speeding towards its target, the Financial Times reported, citing people familiar with the event. The test in August showed China has made more progress on hypersonic weapons than US officials realised, according to the report, which didn’t identify the people familiar with the test. The missile missed its ...

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UK politician’s murder puts focus on anti-terrorism program

Bloomberg The murder of a UK lawmaker has focused attention on “Prevent,” a program designed to identify people at risk of becoming radicalised, as well as on how to combat “corrosive” online discourse. UK Home Secretary Priti Patel said on Sunday the counter-terrorism program is undergoing an independent review. The suspect in the deadly stabbing of Conservative MP David Amess ...

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UK’s Matt Hancock UN role withdrawn

Bloomberg Former UK Health Secretary Matt Hancock’s appointment to a United Nations special envoy role has been scrapped. “Mr Hancock’s appointment by the UN Economic Commission for Africa is not being taken forward,” UN spokesperson Stephane Dujarric told PassBlue, a news website that specialises in UN coverage, adding “ECA has advised him of the matter.” In an appointment letter to ...

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Biden backs economic plan with no 10-year guarantees

Bloomberg President Joe Biden said he’d like to see his economic plan address a “whole range of issues,” even if funding for individual provisions must be pared back or timed to expire to keep the legislation’s cost down. “The question is how much of what is important can we get in the legislation,” Biden told reporters in Connecticut, after earlier ...

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Musk joins VW executive event as ‘surprise guest’

Bloomberg Elon Musk made a surprise appearance at a Volkswagen AG conference, addressing 200 executives of one of his biggest competitors about the German company’s pivot to electric vehicles, his management style, and supply chain and production issues. In a rare move by a corporate titan addressing a competitor, Tesla Inc’s chief executive officer spoke in the video conference at ...

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Switzerland warns big firms ‘may have to cut power use’

Bloomberg Switzerland will warn major industrial users they could be forced to save electricity this winter in a bid to avoid large-scale blackouts, NZZ am Sonntag reported. About 30,000 companies that each consume more than 100,000 kilowatt hours per year are being sent a letter from Ostral, the crisis-management organisation for the sector. They could be asked to reduce consumption ...

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