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Japan Airlines sees omicron delaying travel recovery

Bloomberg Japan Airlines Co hasn’t seen any impact on domestic travel due to the omicron variant of the coronavirus, but an anticipated recovery for international flights may be delayed, Chief Executive Officer Yuji Akasaka said. The spread of the omicron strain, which is said to be more transmissible than delta, has been disrupting overseas air travel. Although infection rates in ...

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Lululemon rises after boosting its outlook

Bloomberg Lululemon Athletica Inc rose after boosting its sales outlook for the current year — a sign that the pandemic-era trend towards comfy clothes is persisting. The company sees net revenue in a range of $6.25 billion to $6.29 billion in the fiscal year ending on January 30, 2022. That’s up from a previous range that was capped at $6.26 ...

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Biden delays Russian invasion in Kiev, Putin demands security

Bloomberg For most of his two decades in power, Vladimir Putin tried to get the US to pay attention to his fears about Nato expanding on his doorstep. After a massive troop buildup raised alarms Russia would invade Ukraine, Joe Biden finally said he’s ready to talk about Putin’s security worries. The Kremlin understands there’s virtually no chance of the ...

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India evacuates more Afghans on special chartered flight

Bloomberg India said it evacuated 104 people, mostly Afghans, by a special chartered flight from Kabul that landed in New Delhi. The evacuated people included those from the Afghan minority community, who carried holy scriptures of Sikhism and some ancient Hindu manuscripts, the Ministry of External Affairs said in a statement. India has so far evacuated 669 people from Afghanistan. ...

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Tornadoes lash US, death toll in Kentucky likely to be 100

Bloomberg The US South and Midwest were slammed by tornadoes, with the death toll in Kentucky likely to be over 50 while a partial roof collapse at an Amazon.com warehouse in Illinois resulted in an unspecified number of fatalities. Kentucky Governor Andy Beshear declared a state of emergency, activated the National Guard, and asked President Joe Biden for an emergency ...

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Macron’s reelection plans could be hit over Pacific vote

Bloomberg New Caledonia, an archipelago in the strategic waters of the Pacific, is holding a referendum on independence from France on December 12. The poll is meant to end a three-decade process of de-colonisation and should in theory, allow Emmanuel Macron to turn the page before the April 2022 presidential election. But a lot could go wrong. France sees itself ...

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EU says it’s made progress with UK in post-Brexit fishing row

Bloomberg The UK has issued additional fishing licenses for European Union boats, in a step that may signal some progress towards resolving the post-Brexit dispute in which the two sides are engulfed. “Today’s decision is an important step in a long process seeking full implementation of the Trade and Cooperation Agreement,” the European Commission said in a statement, after the ...

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Denmark’s Frederiksen to testify in Mink cull probe

Bloomberg Denmark’s Prime Minister Mette Frederiksen faces one of her biggest tests yet as she is due to testify about last year’s mass culling of the farmed mink in an inquiry that has eroded the public’s trust. Frederiksen, 44, will take the witness stand on Thursday in the parliamentary probe into her controversial decision to cull 17 million mink over ...

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Asia ESG dollar bonds to hit $100bn in 2022: JPMorgan

Bloomberg JPMorgan Chase & Co. expects Asian companies to raise as much as $100 billion next year through environmental, social and governance (ESG) dollar-denominated bonds, with an increasing number of firms considering notes that can be converted into equity. ESG debt sales by Asian issuers total $74 billion so far in 2021, nearly triple the level in the same period ...

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HK’s laggard stocks to see brighter 202: UBS

Bloomberg Hong Kong’s underperforming stocks will likely rebound in 2022, with a border reopening with mainland China to benefit gaming and retail shares while rising yields hold banks up, according to UBS Group AG. The city’s benchmark Hang Seng Index may gain as much as 13% next year, analysts led by Angus Chan wrote in a note, targeting a level ...

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