Bloomberg A Boeing Co 737 Max operated by SpiceJet Ltd made an emergency landing in Karachi after an indicator light malfunctioned, according to a spokesman for the Indian low-cost carrier. The plane was en route to Dubai from New Delhi and landed safely after diverting to the Pakistani city, where a replacement aircraft was headed to pick up passengers ...

  Bloomberg British Airways (BA) will pull more flights from its summer schedule as the carrier looks to reduce last-minute cancellations amid continuing staffing shortages and long queues at airports. The unit of IAG SA has now reduced its timetable by 11% through October, compared with a 10% cut for the period announced in May. The UK government has waived ...

Bloomberg Turkey is threatening to veto Nato membership for Sweden and Finland even as the military alliance formally paved the way for the two Nordic countries to join. Turkey will not ratify membership of the North Atlantic Treaty Organization for the applicants if they don’t fufill their promises to combat terrorism and extradite suspects under a memorandum of understanding reached ...

  Bloomberg Philippine President Ferdinand Marcos Jr. said he’s open to military exchanges with China, as he sought ways to expand ties between the two nations beyond the South China Sea territorial dispute. Marcos said at a briefing Tuesday he will “find ways to work to resolve the conflicts” with Beijing when he meets with Chinese Foreign Minister Wang Yi. ...

  Bloomberg Boris Johnson was told of a complaint against Conservative MP Chris Pincher two years before promoting him, a minister said, in a major concession from the government after days of speculation about what the UK prime minister knew and when. An internal probe into Pincher’s conduct when he was a Foreign Office minister in October 2019 found he ...

Bloomberg Dozens of Venezuelan opposition figures, who turned Colombia into their unofficial headquarters in recent years, say the election of Gustavo Petro as Colombia’s first leftist president puts them at risk, and they plan to leave. Activists, party leaders, former officers and military deserters are making the move, according to seven people with knowledge of the plans. They’re afraid they’ll ...

Bloomberg Italy declared a state of emergency in five northern and central regions devastated by a recent drought, as a severe heat wave takes its toll on agriculture and threatens power supplies. High temperatures and exceptionally dry conditions have brought water levels in the Po, the country’s largest river, to its lowest in 70 years. Even amid a historically arid ...

  Bloomberg Hong Kong’s new leader, John Lee, declared the city must balance reducing travel inconvenience with limiting the spread of Covid-19, signaling a cautious virus approach. Lee said Tuesday that he’d asked Health Secretary Lo Chung-mau to assess the “evidence and statistics to see how we can, while on the one hand, contain the spread of the pandemic and, ...

  Bloomberg The European Central Bank (ECB) is exploring ways to prevent banks from earning windfall profits from the subsidised lending program it launched during the pandemic, once it raises interest rates later this month, according to a report by the Financial Times. The ECB provided €2.2 trillion of subsidized loans to banks during the Covid-19 crisis to avoid a ...

Bloomberg UniCredit SpA is considering selling its Russian unit through a structure that would allow the bank to repurchase the subsidiary if the geopolitical situation stabilizes, according to people familiar with the matter. Italy’s second-largest lender is looking at several possible deal arrangements, including one that would give it the option of buying back the unit depending on market and ...