Bloomberg Belgium isn’t doing enough to curb its greenhouse gas emissions, a challenge highlighted by its plans to phase out nuclear energy, according to the International Energy Agency (IEA). The country, home to many of the European Union’s major institutions, has made limited progress on reducing its reliance on fossil fuels, the IEA said in a report. It called for …

  Bloomberg Mark Carney, head of transition investing at Brookfield Asset Management, said investments in clean energy are running at a third the pace that’s required to meet climate goals. The world isn’t “going far enough or fast enough” to shift to low-carbon fuels, he said in an interview on Bloomberg TV. “We need to up our game.” The Glasgow …

Bloomberg American Airlines Group Inc surged, leading an industry rally after saying that corporate and international flying are coming back and that it will be profitable this quarter. The upbeat outlook came as American reported that first-quarter revenue rebounded to 84% of pre-pandemic levels as offices reopened and travel restrictions were lifted across the globe. Sales this quarter will exceed …

  Bloomberg India will finalise the sale of state-owned helicopter service provider Pawan Hans Ltd and has received bids from companies including JSW Steel Ltd and Jindal Steel & Power Ltd, according to people with the knowledge of the matter. A group of officials headed by Cabinet Secretary Rajiv Gauba was expected to meet to pick the winning bid, the …

  Bloomberg A new budget carrier meant to be the first international customer for China’s homegrown passenger jet is going with Airbus SE for its first plane, the carrier’s website shows. Indonesian low-cost carrier PT TransNusa Aviation Mandiri may eventually have as many as six Airbus jets in its fleet, with a second due to arrive next month, a person …

Bloomberg Thailand will scrap a mandatory Covid test on arrival as the Southeast Asian nation rolls back some of the pandemic-era measures seen as deterring global tourists. The RT-PCR tests will be replaced with a voluntary self-administered antigen tests for those entering via air and land borders from May 1, Taweesilp Visanuyothin, a spokesman for the nation’s main virus task …

  Bloomberg Eswatini, Africa’s last absolute monarchy, is set to launch a flag-carrier airline almost a quarter of a century after the previous one ceased operations in the country formerly known as Swaziland. Eswatini Air will fly from national capital Mbabane to cities such as Johannesburg and Cape Town in neighboring South Africa starting later this year, Qiniso Dhlamini, chief …

  Bloomberg Amazon.com Inc struck deals to boost its access to renewable energy by almost a third as the company looks to get all of its power from green sources within a few years. The retail giant will buy power from 3.5 gigawatts of new projects — mostly solar farms in the US — to supply its offices, warehouses and …

  Bloomberg The Bank of Japan (BOJ) reiterated its ultra-loose monetary policy with four days of unscheduled bond buying as the widening interest rate gap with the US puts upward pressure on bond yields and weakens yen. The move comes as Japan’s benchmark 10-year yield stayed elevated at the 0.25% upper limit of the BOJ’s tolerated trading band despite announcing …

  Bloomberg Credit Suisse Group AG’s chief executive officer (CEO) at its securities venture in China is stepping aside after less than two years on the job, becoming the second top banker at a major foreign lender in the nation to quit this month. Tim Tu informed management that he decided to pursue other opportunities within Credit Suisse, according to …