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New York’s OTG exploring sale

Bloomberg OTG, an operator of restaurants and concessions at US airports, is exploring options including a sale or going public through a special purpose acquisition company, according to people with knowledge of the matter. The New York-based company, which filed to go public in 2016 before delaying plans and citing market conditions, is working with an adviser to solicit interest ...

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Avelo Airlines starts flights with an eye on Southwest

Bloomberg One of two new US low-cost airlines, the first to debut in more than a decade, is about to begin flying just as larger rivals rush to entice customers to return to the skies this summer. Avelo Airlines plans to begin flights on April 28 with 189-seat Boeing Co 737-800 jets going from Burbank, California, to Santa Rosa. Additional ...

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Trump touts appeal to new voters as path for GOP return to power

Bloomberg Donald Trump plans to tell Republican donors that the party will retake control of Congress in the 2022 midterm elections and that “a Republican candidate” will win the White House in 2024 by championing working-class Americans, as he holds out the prospect of running again. Trump’s speech at a Republican National Committee donor event will call for building on ...

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France’s Le Pen gains ground for 2022 polls

Bloomberg French far-right leader Marine Le Pen is increasing her chances of winning the first round of next year’s presidential elections, according to an Ifop-Fiducial poll published by Le Journal du Dimanche. The National Rally party leader would come first in six out of 10 scenarios in the first round if the ballots were cast, the poll showed. She would ...

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Chad’s president targets sixth term

Bloomberg Chad President Idriss Deby, one of Africa’s longest-serving leaders, is defying growing opposition to his bid for a sixth term as he seeks re-election. Chadians are going to polls that are widely expected to see the 68-year-old extend his 30-year premiership. The lead-up to the vote has been marred by violence, with security forces cracking down on protesters and ...

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Brexit Britain’s biggest test might be the ability to survive

Bloomberg Prime Minister Boris Johnson has a fondness for grand projects, but few are as eye-catching as the proposal for a physical link over the Irish Sea between Scotland and Northern Ireland. Whether a multi-billion-pound pipe dream or a token of ambition befitting the post-Brexit era, a feasibility study is underway as part of the government’s review of how to ...

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Home prices soar in frenzied US market drained of supply

Bloomberg Last year’s pandemic housing rush is now this year’s end-of-lockdown feeding frenzy. Across the US, house hunters are fighting for scraps in a market picked clean of listings during the key spring homebuying season. Bidding wars are the norm. Strategies like waiving inspections to secure deals, common for years in hot West Coast tech hubs, are popping up in ...

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Facebook cracks down on 1,000 fake networks, accounts

Bloomberg Facebook Inc. said it removed 14 networks representing more than 1,000 accounts seeking to sway politics around the world, while misleading the public about their identity. Most of the removed networks were in the early stages of building their audiences, the Menlo Park, California-based company said. Facebook’s announcement, part of its monthly reporting on efforts to rid its platforms ...

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Finland planning gradual easing of Covid-19 curbs

Bloomberg Finland’s government presented a gradual plan for exiting Covid-restrictions, starting with the executive relinquishing emergency powers later this month. Tight restrictions would be eased in May, and lesser restrictions gradually from June. The government will prioritise removing restrictions affecting children, Prime Minister Sanna Marin said at a press conference. The timetable is conditional on the development of the Covid-situation ...

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