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August 5, 2022 Aviation
Bloomberg Amsterdam Schiphol Airport extended capacity curbs into the autumn as the Dutch hub continues to grapple with a staffing crunch. Royal Schiphol Group NV will cap the number of departing passengers at 67,500 per day for September and 69,500 in October, it said in a statement. The numbers are lower than the 72,500 limit set for August, reflecting ...
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August 5, 2022 Aviation
Bloomberg JetBlue Airways Corp reported a second-quarter loss that missed Wall Street’s expectations as high fuel prices kept operating expenses elevated ahead of the carrier’s planned purchase of deep discounter Spirit Airlines Inc. The carrier’s shares fell after it said total costs soared 89% in the quarter to $2.56 billion, including $910 million spent on fuel. JetBlue is starting ...
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August 5, 2022 Aviation
Bloomberg As volcanic activity in Iceland started, the country’s tourism industry kicked into high gear, grasping an opportunity to revive the business after the pandemic had banished most visitors from the Atlantic island for more than two years. With reports emerging of sightings of lava, the shares of Icelandic airlines Icelandair hf and Fly Play, which flies under the ...
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August 5, 2022 Retail
Bloomberg Just Eat Takeaway.com has launched its own service offering rapid delivery of grocery and convenience items in Berlin, pulling the firm deeper into an already crowded market. Just Eat’s so-called ‘dark store’ will target a delivery time of around 20 minutes and offer consumers more than 1,000 items from fresh produce to baby products under its local Lieferando ...
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August 5, 2022 Retail
Gulf Time / London While 2022 started with Covid-19 raging in some parts of the world, new problems have emerged that again challenge retail buyers of consumer-packaged goods. Supply chain issues were the focus of the second quarter, along with the emergence of inflationary pressures. Health and healthier food categories sit beside convenience foods on the most searched lists ...
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August 5, 2022 Politics, Uncategorized
Bloomberg China fired its largest missile tests in Taiwan’s waters in decades, the day after US House Speaker Nancy Pelosi defied Beijing by visiting the self-ruled island it claims as its own. The People’s Liberation Army fired 11 Dongfeng ballistic missiles into waters north, east and south of Taiwan between 13:56 p.m. and 16:00 p.m. local time Thursday, the island’s ...
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August 5, 2022 Politics
Bloomberg Top Taliban officials didn’t know al-Qaeda leader Ayman al-Zawahiri was hiding in Afghanistan, a spokesman said, and an investigation is underway to check the veracity of US claims he was killed in an American airstrike in the capital Kabul over the weekend. “The government and the leadership wasn’t aware of what is being claimed,†Suhail Shaheen, the head of ...
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August 5, 2022 Politics
Bloomberg The US Senate ratified adding Sweden and Finland to the North Atlantic Treaty Organization, a move intended to bolster the military alliance after Russia’s invasion of Ukraine. The vote was 95-1, far exceeding the two-thirds majority required for the approval of treaties. If the ascension wins approval from all current members of the alliance, Finland will join Estonia, ...
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August 5, 2022 International News, Uncategorized
Bloomberg Argentina’s new Economy Minister Sergio Massa pledged Wednesday night to stop printing money that helps fuel runaway inflation, outlining his strategy to turn around the country’s deepening crisis. Massa rolled out his economic roadmap after being sworn in by President Alberto Fernandez as the third such minister in a month. Massa’s measures also focused on boosting exports, reducing the ...
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August 5, 2022 International News
Bloomberg Thomson Reuters Corp. journalists in the US launched a daylong strike on Thursday, first walkout in decades among the media company’s long-unionised staff. Employees began a 24-hour strike after claiming the company didn’t fairly negotiate pay increases, according to the Communications Workers of America’s NewsGuild, which represents US-based Reuters reporters, photographers and video journalists. The group said about ...
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