Bloomberg Boeing Co. Chief Executive Officer Dave Calhoun got total compensation of $21 million last year, but his take-home pay was a small fraction of that as the planemaker slogged through a deep crisis caused by the coronavirus pandemic. When Covid-19 sent the aviation industry into the sharpest decline on record last March, Calhoun waived his salary for the rest ...

Bloomberg Fix Price’s initial public offering in London and Moscow raised $1.7 billion, on track to be the biggest listing from a Russian company in more than a decade, possibly prompting more share sales from local issuers. Russia’s largest dollar-store chain priced 178 million global depositary receipts, representing one ordinary share each, at the top end of an initial $8.75 ...

Bloomberg Pakistan Prime Minister Imran Khan won a confidence vote in Parliament, ending a week of political turmoil and giving a boost to his fragile government. Khan got 178 votes from members of his Tehreek-e-Insaf party and allies in the 342-seat lower house National Assembly, proving the majority, Speaker Asad Qaiser said in televised meeting in Islamabad. The army-backed former ...

Bloomberg Four people died in clashes between Senegalese police and protesters during what the interior minister described as an “organised insurrection” following the arrest of the country’s main opposition leader. “We regret and condemn these terrorist acts, looting, pillaging and damage to public buildings,” Interior Minister Antoine Felix Diome said in a televised address. Diome confirmed that four people had ...

Bloomberg For almost a quarter of a century, Hong Kong stood as the one place under Beijing’s rule with open elections. A landslide loss just over a year ago may have finally convinced China to end the experiment in democracy. In late 2019, Hong Kong’s democratic opposition rode the momentum of historic protests to win an unprecedented 85% of the ...

Bloomberg Senator Ted Cruz is delaying William Burns’s confirmation as CIA director to demand that the Biden administration do more to halt the Nord Stream 2 gas pipeline, as Republicans seek to ramp up pressure now that construction has resumed. The move by the Texas Republican will delay, but not stop, Burns’s path to lead the Central Intelligence Agency (CIA). ...

Bloomberg A Congressman who helped lead the second impeachment of Donald Trump filed a lawsuit alleging the former president incited a mob that took over the US Capitol and disrupted the certification of the 2020 election. Representative Eric Swalwell, a California Democrat, filed the suit in federal court. It’s the latest sign of legal peril for Trump over his role ...

Bloomberg South Korean President Moon Jae-in called for the immediate release of Aung San Suu Kyi and other political detainees in Myanmar, while the United Nation’s Security Council is reviewing measures to take in response to the military coup in the Southeast Asian country. “Use of violence against the people of Myanmar must stop now,” Moon said in a post ...

Bloomberg Spain is considering using part of a planned 11 billion-euro ($13 billion) fiscal package to provide debt relief to companies that have borrowed through the country’s state-backed loan program. The proposal would allow Spanish lenders a degree of flexibility to decide which borrowers should be granted relief, the officials said. Banks would absorb some of the write off and ...

Bloomberg Ireland’s economy expanded in 2020 despite the devastation of the pandemic as surging exports countered a slump in domestic demand. The nation’s GDP grows 3.4% in 2020, the central statistics office said, driven largely by the export sector. The domestic economy, however, struggled. “Today’s figures once again point to the dual economic impact of the pandemic, with domestic activities ...