The nationwide truckers’ protest in Canada, known as the “Freedom Convoy” and centered in Ottawa, reflects so many global trends that it’s hard to say what it means. But the movement may well end up as the most consequential story of the year. Under one plausible reading, many Canadians are exhausted by their government’s pandemic restrictions. The protests started ...

  A popular tenet of investing wisdom is to focus on the long-term. This is usually applied to quantitative methods of investing, such as considering historical 10- and 20-year returns of global asset classes rather that looking at what specific sectors or companies did last year, and what analysts guess they will do next year. A new report from the ...

  Bloomberg US safety regulators have received more than 100 pilot reports of possible inteference from 5G wireless signals —including three near Chicago O’Hare International Airport — since the new mobile phone service began. The reports of anomalies on aircraft devices known as radar altimeters are being reviewed by the Federal Aviation Administration, said three people familiar with the matter ...

  Bloomberg The head of Japan’s biggest airline has urged the government to ease its strict border controls, which have effectively shut the nation to foreigners, saying they are hurting the economy and the aviation industry. “There are various problems happening with the situation that foreigners can’t enter Japan,” Yuji Hirako, the president of All Nippon Airways Co. said in ...

  Bloomberg The union organizing Starbucks Corp. employees filed a federal complaint accusing it of illegally firing activist employees, marking a new and more contentious chapter in the efforts to expand labor representation among the company’s workers. In a filing with the National Labor Relations Board, the union, Workers United, said Starbucks violated federal law by firing seven employees at ...

  Bloomberg Akasa, a new Indian airline backed by billionaire Rakesh Jhunjhunwala, plans to offer stock options to attract staff, using a lure more often deployed by technology startups in its bid to gain a foothold in one of the world’s most competitive air-travel markets. The carrier, which is preparing to start flying in late May, is taking the unusual ...

  Bloomberg Dunelm Group Plc, a UK home-furnishings company, is raising prices to protect profits from higher shipping and raw-material costs, adding to the string of bad inflation news for British shoppers. Consumers are already bracing for faster inflation after the Bank of England warned that it could top 7% this year. Tesco Plc Chairman John Allan said this week ...

  Bloomberg Russia and Belarus began their largest joint military drills in years Thursday, watched closely by the US and Europe amid tensions over neighboring Ukraine. Thousands of troops backed by tanks, fighter aircraft and advanced S-400 missile-defense systems are involved in the “Allied Resolve 2022” exercises in Belarus that run to February 20. They include drills near the border ...

  Bloomberg Lithuania’s top diplomat called on the world to stand up to China and Russia’s alleged human rights violations during a visit to Australia, while acknowledging there would be a “cost” to taking such actions. Foreign Minister Gabrielius Landsbergis told the National Press Club in Canberra that countries need to cut their trade and energy dependency on what he ...

  Bloomberg North Korea is stepping up preparations for military parade that could come as soon as next week, ratcheting up tensions after a January barrage of missile tests forced Kim Jong Un’s nuclear arsenal back on the Biden administration’s agenda. Commercial satellite imagery of North Korea’s parade training ground taken last weekend showed several hundred personnel in formation, likely ...