May, 2022

• 28 May

  Majority of Indian airline passengers unhappy at service

  

    Bloomberg India’s flying public is becoming increasingly frustrated with the nation’s airlines, according to a survey undertaken for Bloomberg, saying that customer service and the behaviour of airline staff has deteriorated sharply in the wake of Covid-19. Some 79% of the 15,000 airline passengers surveyed by LocalCircles said they believe carriers in India are compromising on passenger comfort and ...

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• 28 May

  Issa Brothers may drop out of Boots race

    Bloomberg A consortium backed by the billionaire Issa brothers is considering dropping out of the bidding for Walgreens Boots Alliance Inc’s international arm due to disagreements over price, people with knowledge of the matter said. The Issas, who were bidding together with TDR Capital, balked at a request by Walgreens to increase their offer for the Boots drugstore chain ...

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• 28 May

  UK’s Johnson urges missiles for Ukraine to hit ‘crocodile’ Putin

  

  Bloomberg Boris Johnson urged more military support for Ukraine as it battles Russian forces, including sending advanced weapons such as Multiple Launch Rocket (MLR) Systems that can strike targets from a far longer distance. The British prime minister aired his support for more arms for Ukraine as he pushed back against the idea that, with the war now in its ...

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• 28 May

  Brazil’s Lula increases lead over Bolsonaro in presidential race

  

  Bloomberg Former President Luiz Inacio Lula da Silva’s lead surged over incumbent Jair Bolsonaro as the field of candidates seeking Brazil’s top office thins out ahead of the October election, according to DataFolha’s latest poll. The 76-year-old leader of the Workers’ Party would win 48% of the first-round vote, while Bolsonaro would receive 27%, the survey found. In March, they ...

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• 28 May

  New York City, Washington in path of thunder, gusty winds

    Bloomberg New York City and Washington could be in for some window-rattling thunderstorms and gusty winds on Friday. Tornado watches were posted from Maryland to North Carolina on Friday, indicating the atmosphere was primed for the destructive storms, the National Weather Service said. As the day wears on, that risk will likely roll north into New Jersey, the upper ...

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• 28 May

  Fiji set to join US in economic initiative

  

    Bloomberg Fiji will join the US in a wide-ranging economic initiative, making it the first Pacific Island country to do so as competition heats up between Beijing and Washington for influence in the Asia-Pacific. News of Fiji becoming the 14th country to join President Joe Biden’s Indo-Pacific Economic Framework (IPEF) came as China’s Foreign Minister Wang Yi made a ...

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• 28 May

  ‘Trump, Don Jr, Ivanka must testify in probe’

  

  Bloomberg Former President Donald Trump must testify under oath in New York’s “well founded” probe of his company, a state appeals court ruled. The appellate panel in Manhattan upheld a lower-court ruling from February, rejecting Trump’s argument that New York Attorney General Letitia James opened the investigation because she’s politically biased. James, who is probing potentially fraudulent asset valuations at ...

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• 28 May

  Biden bets on new rule to speed up asylum decisions at border

  

  Bloomberg The Biden administration is counting on a rule change to speed up asylum decisions at the southern border and help ward off the turmoil expected to come if a measure that limits those claims is allowed to expire. Department of Homeland Security officials will get the power to reject or approve asylum cases directly starting from May 31. It’s ...

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• 28 May

  UK economy can dodge a recession: Boris Johnson

  

  Bloomberg Prime Minister Boris Johnson said the UK can a dodge a recession in the months ahead even as the cost of living crisis sets the stage for a “difficult” period. Economic pressures are emerging as the gravest political threat to Johnson and his party, beyond the various scandals that have dogged his government such as the row over illegal ...

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• 28 May

  French debt levels back in focus as govt gets to work

  

    Bloomberg France’s new government reaffirmed the country’s pledge to lower debt after the Covid-19 pandemic forced President Emmanuel Macron to carry out an unprecedented spending splurge to prevent economy from crashing. “I will be a relentless craftsman in keeping our public accounts in a context that we know is difficult,” Gabriel Attal, France’s new budget minister, said in a ...

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