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April 17, 2022 Technology
Bloomberg Apple Inc is paying a small number of engineers another round of special stock bonuses as part of an unusual push to retain key talent, according to people with knowledge of the matter. The iPhone maker doled out the bonuses in recent days to a select group of employees in its software and hardware engineering departments, said the …
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April 15, 2022 News
HANOI / WAM The Vietnamese Health Ministry has started issuing vaccine passports, the Vietnam News Agency (VNA) reported. Vietnam’s vaccine passport follows the standards of World Health Organisation (WHO) and the European Union (EU), which are followed by 62 nations. The passport will be available on PC Covid-19 or Digital Health apps. If people don’t have the apps, they …
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April 15, 2022 Energy, Uncategorized
Bloomberg China is set to install a record amount of wind and solar power capacity this year as the country strives to meet climate goals while reducing its reliance on the rest of the world for energy. China will add 140 gigawatts of capacity from the clean energy sources, said Tao Ye, a researcher with the National Development and …
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April 15, 2022 Energy
Bloomberg Regulators approved a $4.5 billion transmission line that will deliver Canadian hydropower to New York City, a key component of the Empire State’s efforts to eliminate carbon from its power grid by 2040. The 339-mile Champlain Hudson Power Express is expected to be complete in 2025, according to a statement from New York Governor Kathy Hochul. The Public …
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April 15, 2022 Energy
Bloomberg California, which aims to have a carbon-free power grid within 25 years, got a short glimpse of that possibility earlier this month. The state’s main grid ran on more than 97% renewable energy on April 3, breaking a previous record of 96.4% that was set just a week earlier, the California Independent System Operator said in a statement. “While …
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April 15, 2022 Energy
Bloomberg Romania is moving ahead with a plan to unlock stalled natural gas projects in the Black Sea as Europe searches for new energy resources to cut reliance on Russia following its invasion of Ukraine. The country’s ruling coalition has reached an agreement on a long-delayed bill amending the country’s offshore law to boost investments and unlock stalled gas …
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April 15, 2022 Energy
Bloomberg Germany was warned it could face a 220 billion-euro ($240 billion) hit to output over the next two years in the event of an immediate interruption in Russian energy supplies over the war in Ukraine. Economic institutes advising the government in Berlin said in a joint forecast that a full halt in Russian natural gas imports would result in …
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April 15, 2022 Aviation
Bloomberg An amendment to European Union sanctions created a potential path for some aircraft financiers to sell jets held in Russia to the airlines now operating them without permission. The measure will allow EU governments to grant permission for entities in their states to keep receiving payments from Russian companies on so-called financial leases signed before February 26. Ownership …
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April 15, 2022 Retail
Bloomberg Bed Bath & Beyond Inc blamed an unexpected fourth-quarter loss and slowing sales on global supply-chain disruptions and weakening consumer confidence. The retailer said that an “abnormally high†level of inventory was in transit, unavailable or held at ports through the early part of this quarter. That contributed to a larger-than-expected drop in sales and has thrown a …
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April 15, 2022 Aviation
Bloomberg American Airlines Group Inc was sued by its pilots union to block a plan that would seek volunteers to help with flight-simulator training amid record hiring. The plan would violate the Railway Labor Act, which prohibits unilateral changes to contracts between airlines and their unions, according to the suit, filed by the Allied Pilots Association (APA) in a …
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