July, 2022

• 25 July

  Amazon acquires US medical provider in $3.9 billion deal

  

    Bloomberg Amazon.com Inc is done dabbling in healthcare. With its proposed $3.49 billion purchase of One Medical parent 1Life Healthcare Inc, the e-commerce giant is taking its biggest step yet into an industry that accounts for about one-fifth of the US economy. The deal will give Amazon relationships with hundreds of thousands of patients and their employers as well ...

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• 25 July

  Virgin Atlantic seeks to recruit 200 more pilots

  

    Bloomberg Virgin Atlantic Airways Ltd is seeking 200 pilots to help operate its flying schedule starting next summer, even as the European air-transport industry remains in the grip of a staffing shortage. The UK carrier plans to hire first officers across both its Airbus SE and Boeing Co fleets, according to a statement. About 100 pilots will be needed ...

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• 25 July

  Ashley’s son-in-law posts record profits as Sports Direct owner

  

    Bloomberg Shares in Frasers Group Plc leaped after the owner of Sports Direct and House of Fraser reported bumper profits and said it expects to grow further this year in the first financial results since Michael Murray took over as chief executive. Frasers forecast profit of at least £450 million ($538 million) in the financial year to April, building ...

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• 25 July

  American cancelled 1,175 flights to ease disruptions

  

    Bloomberg American Airlines Group Inc notified flight crews that it has cancelled 1,175 flights in July and August as part of efforts to build more “buffer” into its schedule and reduce disruptions that have plagued the industry this summer. The cuts come after the carrier detailed plans to trim flight capacity as much as 10% this quarter and 9.5% ...

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• 25 July

  Lululemon staff petition to unionise in Washington

  Bloomberg Lululemon Athletica Inc workers are petitioning to unionise, extending a wave of organising at previously union-free US retail firms. Employees at one of the athletic-wear company’s Washington stores filed for a unionisation election with the National Labor Relations Board. The proposed bargaining unit would cover 33 employees, according to the filing from the workers’ new labour organisation, which calls ...

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• 25 July

  Reliance’s Q2 profit misses estimates

    Bloomberg Reliance Industries Ltd, controlled by billionaire Mukesh Ambani, posted a 46% increase in quarterly profit but fell short of market expectations as high costs made a dent to the windfall gains from refining business. Net income at India’s biggest company by market value jumped 46% to 179.6 billion rupees ($2.3 billion) for the three months ended on June ...

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• 25 July

  Russian Odesa missile strike tests Ukraine grain export deal

  

  Bloomberg Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a vital step towards alleviating a global food crisis. Ukrainian officials indicated they’re still moving ahead with the landmark agreement reached Friday to release millions of tons of grain that ...

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• 25 July

  China issues private warnings to US on Pelosi’s Taiwan trip: FT

    Bloomberg China issued strong private warnings to the US government about a planned trip to Taiwan by House Speaker Nancy Pelosi, which included a possible military response, the Financial Times reported. The warnings were much stronger than those made previously when China wasn’t pleased with US policies and actions related to Taipei, the paper said, citing unidentified people familiar ...

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• 25 July

  Joe Biden continues to improve after Covid-19, says physician

    Bloomberg President Joe Biden continues to improve with mild symptoms as he isolates with Covid-19 at the White House. White House physician Kevin O’Connor wrote in a memo on Saturday that the president — who is being treated with Pfizer Inc.’s drug Paxlovid — is “responding to therapy as expected.” “His pulse, blood pressure, respiratory rate and temperature remain ...

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• 25 July

  Bolsonaro starts campaigning for election he says may be rigged

  

  Bloomberg President Jair Bolsonaro officially kicks off his re-election campaign on Sunday, rallying thousands of his followers to Rio de Janeiro, after intensifying his attempts to discredit Brazil’s voting system. He’s calling on the government faithful to pack an Olympic arena in a working-class neighbourhood for an event billed as “United for the Good of Brazil.” But with just over ...

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