September, 2022

• 13 September

  ME Design and Build Week and MEMT Expo kick off at Adnec

  

  ABU DHABI / WAM Middle East Design and Build Week (MEDBW) and Middle East Manufacturing and Technology Expo (MEMT) kicked off on Monday at Abu Dhabi National Exhibition Centre (Adnec), UAE. The events support the national objectives of reforming the UAE’s industrial sector to achieve economic growth and strengthen the country’s footprint in the global manufacturing landscape. The events were ...

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• 13 September

  Putin will love Europe’s ‘hot autumn’ of protests

  

  Having launched a war of aggression and failed to win it, Russian President Vladimir Putin has little to celebrate these days. What will cheer him is seeing lots of western Europeans take to the streets this fall. He’ll use every prod and spur in his disinformation arsenal to goad the protesters into dividing their own societies — thereby weakening the ...

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• 13 September

  Japanese philosophy for quiet-quitters

  

  The world of management is abuzz about the idea of “quiet quitting” — the Gen Z, TikTok-boosted term for doing nothing more at work than the job description demands. Of course, there’s nothing new about this phenomenon — if Gen Z knew how to dial a call, they would understand the age-old concept of “phoning it in.” The inability to ...

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• 13 September

  Droughts just don’t have to be this painful

    The world is parched. In California, a record heat wave has exacerbated the western US’s worst drought in centuries. Water levels in Europe’s Rhine River have been so low that at times over recent weeks this vital European waterway has been all but impassable to shipping. Asia’s longest river, the Yangtze, has struggled to feed farms and hydroelectric stations. ...

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• 13 September

  President Biden should give Big Oil a bailout

    White House Chief of Staff Ron Klain has taken to tweeting the price of a gallon of gasoline on a daily basis, a habit that’s convenient for him as long as it continues its steady decline. The idea that President Joe Biden’s administration is somehow responsible for this decrease is wrong, of course, but the White House certainly took ...

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• 13 September

  Air India to add 25 Airbus, five Boeing jets in revamp

  

  Bloomberg Air India Ltd will induct 30 leased aircraft from Airbus SE and Boeing Co into its fleet starting December as its new owner Tata Sons Pvt. prepares to rebuild the former state-run airline. The carrier will add 21 A320neo jets in the second half of 2023 and four A321neo aircraft in the first quarter of calendar 2023, according to ...

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• 13 September

  US companies step up fall travel: TripActions

  

  Bloomberg US companies are overlooking uncertainty about the economy and booking fall trips at nearly six times last year’s rate after a flat summer for business travel, according to a report. While demand is climbing, average booked fares were down 23% to $419 in August from $543 in mid-May, travel manager TripActions said in the report. That was about $10 ...

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• 13 September

  Kroger boosts profit forecast on robust grocery demand

  

  Bloomberg Kroger Co exceeded Wall Street’s earnings estimates and raised its annual forecast, citing strong demand for food prepared at home and a shift toward private-label goods. Adjusted earnings in the current fiscal year will range as high as $4.05 a share, up from the previous forecast of no more than $3.95, Kroger said in a statement. The profit measure ...

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• 13 September

  India retail inflation rises 7% in Aug on food prices

    Bloomberg India’s retail inflation accelerated in August after easing for three months, posing a fresh challenge to the central bank’s efforts to cool prices. Consumer prices rose 7% last month from a year earlier, data released by the Statistics Ministry showed. That’s faster than an estimate of a 6.90% gain in a Bloomberg survey of economists and compares with ...

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• 13 September

  Russia strikes power plants as Ukrainian forces extend gains

  

  Bloomberg Russia hit power plants deep behind Ukrainian lines, causing blackouts across the northeast of the country as Kyiv’s forces pressed a lightning offensive that’s reversed months of Moscow’s advances. More than 30 settlements, including Kramatorsk and Dnipro, suffered Russian missile and air strikes over the past day, Ukraine’s General Staff said in its regular update on Facebook Monday. Kharkiv ...

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