June, 2022

• 27 June

  Reliance in talks to raise $8b for Walgreens Boots

  

    Bloomberg Reliance Industries Ltd is in talks with several global banks to raise as much as $8 billion for its planned leveraged buyout of Walgreens Boots Alliance’s international arm, according to a report from Mint. The report, which cited two people familiar with the discussions, said that Reliance is in talks with Barclays Bank Plc, Deutsche Bank AG, HSBC ...

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• 27 June

  Dutch to cut Schiphol airport’s capacity over noise pollution

  

  Bloomberg The Netherlands is planning to cut Schiphol airport’s capacity by about 20% next year to reduce noise pollution, a move the global airline lobby described as a “shocking blow” to aviation, jobs and the economy. The Dutch government said it will introduce a maximum limit of 440,000 flights at the Amsterdam hub in November 2023, meaning it will no ...

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• 27 June

  United’s pilots agree to 14.5% pay hike

  

  Bloomberg United Airlines Holdings Inc pilots tentatively agreed to a new contract that gives them 14.5% raises, increased overtime pay and other benefits, setting the standard as other major carriers negotiate deals with their aviators at a time of rebounding travel demand. The higher pay will come in three increases over an 18-month span, the Air Line Pilots Association said. ...

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• 27 June

  Akasa expects test flight soon, eyes July commercial start

  

    Bloomberg Akasa, India’s newest airline, will conduct a proving flight with the country’s Directorate General of Civil Aviation as early as this week as it looks to start commercial services by around the end of July, CEO Vinay Dube said. Akasa, backed by billionaire Rakesh Jhunjhunwala, will likely receive its air operator’s certificate within days of the proving flight, ...

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• 27 June

  Air India may hire retired pilots

    Bloomberg Air India Ltd is considering hiring retired pilots, according to an airline official with knowledge of the matter, as the money-losing carrier seeks to bolster staff to prepare for one of the largest aircraft orders in commercial aviation history. The former state-run airline reached out to superannuated pilots, asking if they would be willing to opt for an ...

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• 27 June

  Finland, Sweden set for key talks on Nato with Turkey

  

  Bloomberg The leaders of Finland and Sweden are set to meet with Turkish President Recep Tayyip Erdogan on Tuesday in a bid to convince him to drop the objections to their membership in Nato. Finland’s President Sauli Niinisto and Swedish Prime Minister Magdalena Andersson are slated to meet Erdogan in Madrid, alongside Jens Stoltenberg, the secretary general of the North ...

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• 27 June

  Putin to leave Russia for first time since Ukraine invasion

    Bloomberg Russian President Vladimir Putin will travel to Tajikistan on Tuesday and later visit Turkmenistan for a summit of Caspian Sea nations, his spokesman said, in the first foreign trip by the Russian leader since the invasion of Ukraine in February. Putin will hold talks with Tajik President Emomali Rahmon in Dushanbe, Kremlin spokesman Dmitry Peskov said on a ...

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• 27 June

  Russians exploiting Geneva as espionage ‘hotspot,’ Swiss say

    Bloomberg Geneva remains a “hotspot” for international espionage and the number of Russian agents operating there could grow from the “several dozen” there currently, Switzerland’s intelligence service said. “Recently, various European states have expelled Russian intelligence officers, which might lead the Russian services to deploy their forces in states, like Switzerland, which have not carried out any expulsions,” the ...

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• 27 June

  Tories are agitating to oust Boris Johnson behind closed doors

  

  Bloomberg Boris Johnson describes the failed bid to remove him by rebels in his Conservative Party this month as a “fresh mandate” to carry on. That has frustrated his critics, who are now seeking alternative ways to oust him. Much of the focus is again on the 1922 Committee of rank-and-file Tory MPs, which oversaw the confidence vote three weeks ...

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• 27 June

  Ecuador defers Lasso impeachment vote

  

  Bloomberg Ecuador’s congress postponed a vote on whether to impeach market-friendly President Guillermo Lasso until Tuesday after he announced fuel price cuts to appease protesters. The legislature ended a second consecutive night of debate over Lasso’s future in office without voting. The conservative former banker’s political struggles come on the back of two weeks of violent protests across the country ...

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