January, 2022

• 28 January

  Hawaiian Air aims to ramp up flight service to Japan

    Bloomberg Hawaiian Airlines is seeking to ramp up its limited flight service to Japan in the second quarter, an omicron variant-linked delay from the carrier’s earlier goal of returning to a fuller slate of flights by late March. Japan represents the largest foreign market for Hawaiian, which had about a quarter of its business outside the US before the ...

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• 28 January

  Citic weighs sale of stake in China’s EBeauty

    Bloomberg Chinese buyout firm Citic Capital is weighing a sale of its controlling stake in EBeauty Holdings Cayman Ltd. after a planned initial public offering stalled amid market volatility, people familiar with the matter said. Citic is seeking a valuation of as much as $2 billion for the provider of e-commerce services to the cosmetics industry in China, said ...

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• 28 January

  Futures fall with Europe stocks; Apple advances

  

    Bloomberg US futures fall with European stocks as concern about tighter policy lingered at the end of a volatile week, overshadowing strong earnings from Apple Inc. Futures on the S&P 500 extended a drop, while those on the Nasdaq 100 gave up gains of as much as 1.4%. Apple rises in premarket trading. Losses in tech and auto shares ...

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• 28 January

  Foreign exodus from India stocks threatens to reduce key support

  

    Bloomberg Indian stocks are facing the longest run of foreign outflows in five years, an exodus that’s stalling the market’s steady surge from pandemic lows in March 2020. Foreign institutional investors have been net sellers every month since September, dumping $7.9 billion worth of local shares since. The four-month streak of withdrawals is set to be the longest since ...

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• 28 January

  Tata owns Air India after years of taxpayer bailouts

  

    Bloomberg Tata Sons Pvt formally took charge of debt-laden Air India Ltd., ending years of failed attempts to sell the money-losing airline that has been kept afloat with billions of dollars of taxpayer money. “It is indeed noteworthy that the disinvestment process of @airindiain has been brought to a successful conclusion in a time-bound manner,” aviation minister Jyotiraditya Scindia ...

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• 28 January

  Tata Sons takes over Air India after years of taxpayer bailouts

  

    Bloomberg Tata Sons Pvt formally took charge of debt-laden Air India Ltd., ending years of failed attempts to sell the money-losing airline that has been kept afloat with billions of dollars of taxpayer money. “It is indeed noteworthy that the disinvestment process of @airindiain has been brought to a successful conclusion in a time-bound manner,” aviation minister Jyotiraditya Scindia ...

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• 28 January

  HK keeps flight ban, cuts quarantine by one week

  

    Bloomberg Hong Kong will shorten its quarantine requirement for inbound travelers by a week, but extended a ban on people coming from eight countries as a record number of infections stresses the city’s infrastructure. The shorter quarantine period will begin from February 5, and will see travelers stay in a hotel for 14 days and then undertake seven days ...

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• 28 January

  Amazon union has sufficient signatures for New York vote

  

      Bloomberg Amazon.com Inc workers at a facility in Staten Island, New York, have collected enough signatures to hold an election on whether to join a union, according to US labor officials. There is “sufficient showing” to proceed with a petition from the fledgling Amazon Labor Union, a National Labor Relations Board representative said in an email. The ALU ...

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• 28 January

  Retail dip-buyers get whiplashed big time by historic volatility

  

    Bloomberg Retail investors who netted billions in the legendary pandemic bull market are getting schooled on stock volatility at long last, as the rates-fueled rout resumes. When major major indexes were in free fall Monday, mom and pop offloaded a net $1.5 billion worth of stock by noon, according to data compiled by JPMorgan Chase & Co. strategist Peng ...

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• 28 January

  Lufthansa bans freight via Frankfurt hub

  Bloomberg Deutsche Lufthansa AG banned cargo from moving through its Frankfurt hub due to surging Covid-19 infections and related staff shortages in the German city. The move will impact goods arriving from other parts of Germany, the rest of Europe and North America, according to an emailed statement. Direct deliveries to Frankfurt — a major transport hub for coronavirus vaccines ...

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