Bloomberg Lockheed Martin Corp is protesting the US Army’s choice of Bell Textron Inc to build the service’s replacement for its mainstay Black Hawk assault helicopter by 2030, a potential $7 billion project that includes development and production if all options are awarded. Lockheed filed its challenge with the Government Accountability Office, which has 100 days to render a ...

Bloomberg Jude Snair knows retail. She works in the portrait department of a JCPenney at the Newport Centre mall in New Jersey. But with or without an employee discount, the 20-year-old said she was mostly avoiding holiday shopping this year. “It’s looking more that people this year will be receiving homemade things,” Snair said as she filled out appointment sheets. ...

  Bloomberg India will reintroduce mandatory Covid-19 tests for flyers coming from a number of major Asian nations, including China, amid fears of a fresh wave of infections hitting the world’s second-most populated country. RT-PCR tests will be required from travellers coming from China, Hong Kong, Japan, South Korea, Singapore and Thailand, effective from January 1, India’s Health Minister Mansukh ...

  Bloomberg Southwest Airlines Co has cancelled just over three dozen flights for Friday, suggesting the beleaguered carrier may be close to resuming relatively normal operations after a meltdown stranded thousands of passengers. Friday’s tally of 39 cancelled flights has been consistent for the past day, according to flight tracker FlightAware.com. The website so far lists no Southwest flights that ...

  Bloomberg Taiwan Semiconductor Manufacturing Co (TSMC) kicked off mass production of next-generation chips on Thursday, ensuring the island remains the linchpin of a critical technology fought over by governments from Washington to Beijing. The primary chipmaker for Apple Inc began bulk production of advanced 3-nanometer chips at its Tainan campus in southern Taiwan. In doing so, TSMC follows Samsung ...

  Bloomberg India’s move to restructure the world’s biggest food program is a fiscally prudent and a politically deft move, according to Nomura Holdings Inc. The withdrawal of the free food plan was always going to be politically tricky, but the simultaneous reorientation of the food public distribution system makes it an easier political sell, Nomura economists Sonal Varma and ...

Bloomberg Russia rained scores of missiles on Ukrainian cities in one of its heaviest barrages of the war, pressing further with a campaign to destroy civilian targets as Moscow spurned the prospects of talks to end the invasion. In the 10th large-scale attack since September, President Vladimir Putin’s forces fired 69 cruise missiles, according to Valeriy Zaluzhnyi, Ukraine’s army commander-in-chief. ...

  Bloomberg China said it is up to the US to take steps towards resuming high-level military discussions that were suspended after Nancy Pelosi visited Taiwan, comments that hint at lingering tensions between the world’s two largest economies. “If the US really wants to carry out positive and constructive dialogue and exchange with China, it must show sincerity and take ...

  Bloomberg Serbs in Kosovo began removing road barricades erected in protest against the largely ethnic-Albanian government, after the US and European Union increased pressure on both sides to avert a new Balkan conflict. After weeks of obstruction, protesters ceased blocking traffic at Merdare, the key border crossing between Serbia and Kosovo, police said. At the same time, two trucks ...

  Bloomberg Strike-weary Britons may face further travel disruption on Friday, when road traffic officers and control-room staff begin a two-day action, the latest in a wave of walkouts sweeping across Britain. Members of the Public and Commercial Services union working for National Highways in the southwest and the West Midlands will strike, a move the union said would reduce ...