From the way some analysts have been talking lately, you’d think that energy markets obeyed some version of the butterfly effect, where flapping wings will determine the formation of tornadoes weeks later. Call it the BlackRock Inc effect: Larry Fink needs only to whisper the words “ESG,” and natural gas and coal markets will explode 21 months into the future. ...

As fuel ran short at UK pumps and “eco-warriors” brought London’s highways to a standstill, Boris Johnson was in the midst of a bravura speech at the Conservative party conference, full of relentless good cheer. Right-wing think tanks, usually supportive of the Tories, disliked the speech for different reasons than the usual Boris-bashers. The Adam Smith Institute called it “economically ...

Bloomberg London Heathrow airport called on the UK to mandate the use of sustainable aviation fuels (SAF) to help the industry lower carbon emissions while fending off pressure from climate groups to curtail air travel. The hub is also seeking other policies that would scale up the production of SAF in the country, including a price-support mechanism and loan guarantees, ...

Bloomberg The UK is facing a pilot shortage that could hamper the reopening of the travel industry, after hundreds of aircrew took early retirement or changed career during the pandemic, the Telegraph reported. The number of pilots who retired during the pandemic is believed to be at least double the usual levels, the newspaper said, citing sources in the aviation ...

Bloomberg Singapore Airlines Ltd’s website was temporarily down over the weekend and travel agencies are seeing a surge in demand for flights after the city-state announced a plan to start quarantine-free travel with more countries as early as next week. Inquiries jumped more than five times the usual on Chan Brothers Travel’s website, according to the travel agent’s senior marketing ...

Bloomberg Southwest Airlines Co cancelled more than a quarter of its scheduled flights, citing issues with air traffic control and disruptive weather as it works to resume normal operations. Some 1,018 flights — 28% of Southwest’s total for the day — were cancelled by the Dallas-based carrier as of 4:15 pm New York time on on October 10, according to ...

Bloomberg Dolce & Gabbana (D & G) plans to remain independent to preserve its creative freedom, even as the Italian fashion house claws back sales lost to the pandemic and a bungled ad campaign in China. The privately held label is a favourite of investment bankers looking to drum up interest in a potential deal, but the Milan-based company has ...

Bloomberg Ideal Image, which provides services including laser hair removal, botox and skin lifts, is exploring a US initial public offering, according to people with knowledge of the matter. The company, which is majority-owned by private equity firm L Catterton, is working with advisers ahead of a potential listing that could occur as soon as this year, the people said. ...

Bloomberg The US called the Taliban “candid and professional” in their first official meeting since the chaotic American withdrawal from Afghanistan in August, with weekend talks focusing on wide-ranging issues including security, terrorism and human rights. The discussions in Doha, Qatar, covered the need for safe passage of US citizens, other foreign nationals and Afghan partners, State Department spokesman Ned ...

Bloomberg Burkina Faso’s exiled former president stands trial on Monday for the murder of Thomas Sankara, the iconic African leader killed in a putsch three decades ago. Blaise Compaore, who ruled the West African nation for 27 years until he was removed in a popular uprising in 2014, will be tried in absentia at a military tribunal in the capital, ...