Vladimir Putin’s attack on Ukraine showed the world that a resurgent Russia means, of necessity, an imperialist Russia. And it revived discussions about whether Russia needs to be “decolonised,” or perhaps “defederalised,” to bury its imperialist ambitions and subdue its military threat. A breakup of today’s Russia, similar to the dissolution of the Soviet Union, is seen as a possible, ...

For activist investors, the quick route to big profits is often plotted through demands to break up a company. The idea is simple: The parts would be worth more alone than together. HSBC Holdings Plc is facing such a call right now from its biggest shareholder, Chinese insurer Ping An Insurance Group of China Ltd. The pitch is that its ...

  Singapore’s small and highly open economy won’t escape the combined weight of the Ukraine war, supply-chain snarls, China’s Covid-19 lockdowns and a pickup in global inflation. But institutional landlords in the Asian city-state have reasons to be optimistic. Even if GDP grows this year at the lower end of the 3% to 5% official forecast, real estate investment trusts ...

  For Federal Reserve officials who want to get inflation under control, the outlook has certainly improved in recent weeks. First, inflation has peaked. In particular, goods price inflation is falling as supply chain disruptions ease and demand shifts toward services and away from goods. And even though the labour market remains unusually tight, wage inflation has stabilised rather than ...

  Bloomberg Spirit Airlines Inc shareholders should reject a pending takeover deal with Frontier Group Holdings Inc as a signal to the board to engage more with rival suitor JetBlue Airways Corp over its competing bid, a prominent shareholder-advisory firm said. While both deals have inherent regulatory risks, the offer from JetBlue is superior from a financial standpoint, Institutional Shareholder ...

  Bloomberg Boeing Co has reached out to Singapore Airlines Ltd to discuss the US planemaker’s failure to deliver long-delayed 777X aircraft on time, according to the Chief Executive Officer of the city-state’s flag carrier. “When the delay was foreseen you can imagine that Boeing would have reached out to us for early conversations,” Goh Choon Phong said in an ...

  Bloomberg The lobby group representing all airlines flying in and out of Hong Kong is pushing the government to cut the hotel quarantine period for travellers to three days and wants pre-flight Covid-19 tests scrapped, according to people with knowledge of the outreach. The Board of Airlines Representatives of Hong Kong also requested authorities abolish a rule that sees ...

Bloomberg Chancellor Olaf Scholz announced that Germany will supply Ukraine with IRIS-T guided missiles as he pushed back against persistent criticism that the government in Berlin is dragging its feet on sending heavy weaponry. “In the coming weeks we will continue to deliver weapons,” Scholz said in an address to the lower house of parliament. Germany will also contribute technical ...

Bloomberg Governor Kathy Hochul and legislative leaders pledged to raise the legal age to purchase an AR-15 assault rifle in New York to 21 years old from 18, and pass a package of measures to tighten gun laws before the end of the state’s legislative session this week. Citing the mass shootings in Buffalo, New York, and Uvalde, Texas, local ...

  Bloomberg South African President Cyril Ramaphosa appointed 14 people to a Black economic-empowerment council that will advise the government on intensified transformation of the economy. The Broad-Based Black Economic Empowerment Advisory Council’s members will include Black Business Council Chief Executive Officer Kganki Matabane and Black businesswoman Gloria Serobe, the presidency said in a statement. The body is being established ...