Bloomberg Uganda’s planned oil pipeline will result in more than 12,000 families losing their land and the development threatens sensitive ecosystems, according to research by Oxfam International. The East African nation’s crude industry has “opaque processes” to compensate affected communities, the London-based charity said in a statement. Oil majors and the state should address the issues before the next stage ...

What would a second presidential term for Donald Trump look like, anyway? Let’s suppose he wins in November, and let’s assume the election winds up a lot like 2016. This time, he’s even farther behind in the polls before Election Day, but has a well-timed surge as November 3 approaches. And while he falls well short in the popular vote, ...

As many as 3 million migratory and seasonal labourers work on American farms. By one count, more than 100,000 of them have now been infected by the coronavirus. Yet the federal government has made no effort to test, trace or even document these cases. Instead, state and local officials have once again been asked to manage a pandemic that flows ...

Mukesh Ambani has joined the league of world’s richest with the help of a simple formula: assembling admirers for $2 businesses. First he got Facebook Inc and Google to back his fledgling digital ambitions, and now he may be trying to entice Amazon.com Inc into his retail venture, already India’s largest. In four years, the Indian billionaire has amassed roughly ...

India’s Covid-19 cases continue to climb, even as the economy tanks. China is pressing forward on the two countries’ disputed Himalayan border, where dozens of Indian soldiers have been killed. Tax revenues have plummeted, state governments are unhappy and 21 million of India’s rare salaried jobs vanished in the last few months. And yet Prime Minister Narendra Modi — who ...

Bloomberg Singapore Airlines Ltd is eliminating about 4,300 jobs, or 20% of its workforce, as the coronavirus outbreak devastates the aviation industry. The cuts will be made at Singapore Airlines and its SilkAir and Scoot units. Discussions are underway with unions and arrangements will be finalised as soon as possible, the carrier said in a statement. “Having to let go ...

Bloomberg Two top Boeing executives have told US government investigators that the design process for the 737 Max was not flawed, despite the plane suffering two fatal crashes, according to the Wall Street Journal. Keith Leverkuhn and Michael Teal, who oversaw the development of the aircraft, didn’t concede any procedural mistakes, according to the article, which cited transcripts of closed-door ...

Bloomberg A Colombian court temporarily blocked a $370 million government loan to Avianca Holdings SA after a citizen expressed concern about a lack of guarantees. The Cundinamarca Administrative Tribunal granted an injunction to suspend disbursement after a motion filed by a citizen against the Finance Ministry, the presidency and the airline said the loan, part of its debtor-in-possession financing, may ...

Bloomberg Thai Airways International Pcl, the nation’s flagship carrier, faces one of its biggest challenges in its 60-year history, with a local court set to rule on its debt restructuring on Monday. The Central Bankruptcy Court will decide whether the airline can proceed with its plan to rehabilitate its debt. The company, which had total liabilities of 332.2 billion baht ...

Bloomberg Authentic Brands Group LLC is in discussions to join a planned rescue of JC Penney Co, Business Insider reported, citing two people familiar with the matter. Mall landlords Simon Property Group Inc and Brookfield Property Partners LP agreed to buy the bankrupt department store in a deal valued at $1.75 billion. The people didn’t disclose whether Authentic Brands would ...