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October 20, 2022 Retail
Bloomberg Walmart Inc is starting a platform for social media influencers — a bid to get help from online content creators to sell everything from food to apparel. The program, called Walmart Creator and accessible via an internet browser, is designed to make it easier for influencers to recommend company products, the retailer announced in a statement. Influencers will have ...
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October 20, 2022 Aviation
Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said the discount carrier’s ability to gain market share from rivals in a looming economic slowdown is at risk from delays to Boeing Co. jetliner deliveries. O’Leary said he’s concerned the US planemaker may ship only 12 or 13 of the 21 Max aircraft that Ryanair is due to get ...
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October 20, 2022 Aviation
Bloomberg The aviation sector’s burning of fossil fuels isn’t the only way it contributes to climate change: Contrails, the white clouds that trail behind airplanes, are known by researchers to trap heat from the Earth’s surface in the atmosphere. They are formed when water vapour from engine exhaust mixes with cold air, and their environmental impact is significant. Delta ...
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October 20, 2022 Retail
Bloomberg Uber Technologies will offer consumers delivery within minutes on orders from frozen-grocery chain Iceland Foods, in its first “quick commerce†partnership in the UK. Customers on the Uber Eats mobile app will be able to order more than 1,000 items from Iceland via the new initiative, known as Uber Eats Market, the company said. The move marks Uber’s ...
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October 20, 2022 Retail
Bloomberg Albertsons Cos. reported a quarterly profit that topped Wall Street’s estimates, underscoring the steady demand that makes the grocer an attractive takeover target for Kroger Co. Earnings excluding some items rise to 72 cents a share in the fiscal second quarter, Albertsons said in a statement. That surpassed the 64-cent average of analyst estimates compiled by Bloomberg. Sales ...
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October 20, 2022 Politics, Uncategorized
Bloomberg Liz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout. Truss, 47, said she was resigning after just 44 days in office, and is set to become the shortest-ruling prime minister in British history. ...
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October 20, 2022 Politics
Bloomberg Russia lost its place on stage at a key international nuclear summit in Washington next week, as US authorities seek ways to limit the influence of Kremlin-controlled atomic fuel and technology suppliers on the global market. The International Atomic Energy Agency confirmed Thursday that executives from Rosatom Corp. and Russia’s industry regulator were dropped from the agenda of next ...
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October 20, 2022 Politics
Bloomberg The president of Belarus insists he won’t join Vladimir Putin’s war in Ukraine even as thousands of Russian troops are pouring back into his country. It’s a risk Ukraine can’t ignore. As many as 9,000 Russian servicemen and almost 170 battle tanks, 200 armored personnel carriers, artillery and aircraft are arriving in Belarus as part of a “joint force†...
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October 20, 2022 Politics
Bloomberg Giorgia Meloni, the right-wing leader poised to form a new Italian government, said she’d give up on the fledgling coalition if her allies can’t commit to supporting Ukraine along with Italy’s European Union and Nato partners. “I intend to lead a government with a clear and unambiguous foreign policy line. Italy is fully, and proudly, part of Europe and ...
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October 20, 2022 Politics
Bloomberg Leftist former president Luiz Inacio Lula da Silva considers that Brazil’s election is “very tight†and will be decided by those who didn’t show up to vote in the first round earlier this month. “A lot of Brazilians have already made up their minds and the number of people we need to convince is growing smaller,†he told ...
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