November, 2022

• 12 November

  Skymark Airlines to buy Boeing Max jets

    Bloomberg Skymark Airlines Inc plans to modernise its fleet by adding as many as 12 Boeing Co. 737 Max jets, while the once-bankrupt discount carrier will also list on the Tokyo Stock Exchange next month. The airline intends to order four Max aircraft and lease six more, it said in a joint statement with Boeing. It will also have ...

  Read More »
• 12 November

  Ukraine troops enter Kherson in major setback for Putin’s forces

  

  Bloomberg Ukrainian troops entered the southern city of Kherson after Russian forces abandoned the regional capital and fled across a major waterway, a significant setback for Moscow as the two sides dig in for winter. Ukrainian military intelligence confirmed that the country’s troops were entering Kherson, which had been occupied by Russian troops since the first weeks of the war. ...

  Read More »
• 12 November

  Russia, US to hold first nuclear talks since Ukraine war

  

    Bloomberg Russia said it will hold talks with the US from late November to early December in Cairo about inspections of atomic weapons sites under the New START treaty, a first step toward reviving broader arms-control talks suspended since the Russian invasion of Ukraine. The consultations in the Egyptian capital will last about a week, Russian Deputy Foreign Minister ...

  Read More »
• 12 November

  US to brief Taiwan after Biden-Xi meeting, Sullivan says

  

  Bloomberg President Joe Biden’s top national security aide said the US will brief Taiwanese officials on the president’s upcoming meeting with China’s Xi Jinping and expressed confidence that Taipei would feel secure about its support from the US. “I’m confident that they will feel very secure and comfortable in the United States, his position when it comes to our support ...

  Read More »
• 12 November

  South Korea says not sending Ukraine arms

  

    Bloomberg South Korea’s military said the country has maintained its position of not sending lethal arms to Ukraine, after the Wall Street Journal reported Seoul struck a secret deal with the US that would supply Kyiv with artillery. The Defense Ministry said in a text message sent to reporters Friday negotiations are underway between a South Korean company and ...

  Read More »
• 12 November

  Jakarta seeks ban on Myanmar junta beyond Asean summits

    Bloomberg Indonesian President Joko Widodo has proposed to leaders of the Association of Southeast Asian Nations that representatives of the Myanmar military be barred from the bloc’s functions beyond big ticket summits. Leaders belonging to the 10 nation grouping debated the issue “at length” he said, in the strongest sign yet that some Asean members are growing frustrated by ...

  Read More »
• 12 November

  Firms take desperate steps to tackle UK’s staff shortage

  

    Bloomberg British businesses are taking creative and unusual steps to attract staff, amid a notably tight labour market. One of celebrity chef Raymond Blanc’s restaurants is subsidising a bus service. Le Manoir aux Quat’Saisons, which holds two Michelin stars, contributes to the transport link, helping them reach workers who live several miles away in Oxford. Supermarket chain J Sainsbury ...

  Read More »
• 12 November

  Musk’s first email to Twitter employees ends remote work

  

  Bloomberg New Twitter Inc. owner Elon Musk emailed his workers for the first time to prepare them for “difficult times ahead” and ban remote work unless he personally approved it. Musk said there was “no way to sugarcoat the message” about the economic outlook and how it will affect an advertising-dependent company like Twitter, according to the email reviewed by ...

  Read More »
• 12 November

  Apple hires Facebook veteran as information chief after departures

  

    Bloomberg Apple Inc has hired a startup founder and former Facebook executive to run its information systems group after departures in that department. Timothy Campos will lead the Information Systems and Technology department, better known as IS&T, which handles the infrastructure behind Apple’s online services, customer support and website. Apple refers to the operation as its “nerve center” because ...

  Read More »
• 11 November

  Meta to cut 11,000 jobs, Zuckerberg says ‘I got this wrong’

  

    Bloomberg Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said the company will cut more than 11,000 jobs in the first major round of layoffs in the social media giant’s history. The reductions, equal to about 13% of the workforce, were disclosed in a statement. The company will also extend its hiring freeze through the first quarter. “I want ...

  Read More »