Bloomberg Airbus SE is set to announce a partnership with engine-maker CFM International to work on hydrogen propulsion as it targets introduction of a passenger aircraft running on the fuel by 2035, according to people familiar with the matter. An announcement involves adapting a current-generation CFM engine to run on hydrogen, said the people, who asked not to be ...

  Bloomberg Air France-KLM has won shareholder support for a capital increase, and will go ahead when its stock price allows it, French newspaper Les Echos reported without saying how it obtained the information. The recapitalisation will take place in the next few months, with main shareholders including the French state, as well as the Netherlands, Delta Airlines and China ...

  Bloomberg Kuwait Airways restructured its order with Airbus SE, adding longer-distance single-aisle aircraft while reducing a commitment to the largest jetliners as it adapts to post-Covid demand. The loss-making airline added three A321LR narrowbodies, which will be used to serve mid-size destinations such as Manchester, England, from Kuwait. It also upscaled six A320neos to the bigger A321neo model, Chairman ...

  Bloomberg One of the last air links between two key Asian financial hubs has been severed, with Hong Kong banning Singapore Airlines Ltd’s budget carrier Scoot from flying to the city for two weeks after passengers tested positive for Covid on arrival. KLM Royal Dutch Airlines services from Amsterdam are also prohibited from February 21 to March 6, Hong ...

  Bloomberg Singapore Airlines Ltd’s budget carrier Scoot has stopped accepting bookings to Hong Kong until March 7, signalling it is the latest airline to be banned from flying to the city for two weeks. The move severs one of the last air links between the Asian financial hubs, with a service by Cathay Pacific Ltd’s HK Express unit the ...

Bloomberg Workman Co, a Japanese retailer specialising in blue-collar work wear, will open a store in Tokyo’s upscale Ginza district in April as part of its expansion into women’s fashion, Nikkei reported Tuesday. Workman, founded in 1979, operates a chain of stores selling protective gear for factory and construction site workers. Its simple waterproof jackets and thermals gained a following ...

  Bloomberg US and European governments threatened new sanctions after Russian President Vladimir Putin recognised two self-proclaimed separatist republics in eastern Ukraine and ordered troops sent to them in the latest escalation of Moscow’s standoff with the West. Russia gave no details on how many “peacekeeping” troops might go into the breakaway regions of Donetsk and Luhansk, or when, as ...

  Bloomberg A shootout between suspected robbers and police on the outskirts of Johannesburg’s city centre left eight people dead, Police Minister Minister Bheki Cele said. Police opened fire on several gunmen in Rosettenville who were planning to attack a truck ferrying cash in South Africa’s commercial hub, Cele said in an interview broadcast on eNCA television. Eight of the ...

Bloomberg Pakistan’s Prime Minister Imran Khan is expected to travel to Moscow on Wednesday, the first bilateral meeting between the two nations in over two decades even as a standoff between Russia and the West over Ukraine has escalated sharply. Khan will have “wide-ranging” discussions with Russian President Vladimir Putin on bilateral, regional and international topics during the two-day visit, ...

Bloomberg New Zealand Prime Minister Jacinda Ardern denounced protesters occupying parliament grounds after some ugly clashes with police. “The attacks on police have been absolutely disgraceful,” Ardern told reporters. “Clearly there are a group who are increasingly acting out in a violent way toward the police.” As the protest against vaccine mandates in downtown Wellington entered its 15th day, police ...