April, 2022

• 11 April

  Sichuan Air suspends its staff for online remarks

  

    Bloomberg Sichuan Airlines Corp suspended one of its employees after contentious comments he posted online were unearthed, highlighting growing jitters in China after a deadly air crash last month. An internet user took to Weibo to ask the carrier to prevent the staff member in question — identifiable as an ethnic Mongolian Chinese national called Ayingga — from flying ...

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• 11 April

  UK shoppers to get ‘buy now, pay later’ at Westfield malls

  

    Bloomberg Clearpay Finance Ltd is partnering with mall landlord Unibail-Rodamco-Westfield in the UK, continuing the buy-now-pay-later provider’s expansion into brick and mortar retail globally. Customers at 13 stores in Westfield’s pair of giant London shopping centers will be given the option to pay in installments through Clearpay, which is known as Afterpay outside Europe. It adds to Clearpay’s UK ...

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• 11 April

  Heathrow hiring as traffic hits highest since start of Covid

  

    Bloomberg London’s Heathrow airport will ramp up hiring “as fast as possible” after passenger numbers surged last month to the highest since the Covid-19 pandemic began. The 4.2 million travellers passing through the facility during March represents a more than seven-fold jump from a year earlier, according to a statement on Monday. The hub, once Europe’s busiest, is racing ...

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• 11 April

  JD’s billionaire founder steps down

  Bloomberg JD.com Inc’s billionaire founder Richard Liu has stepped down as chief executive officer of China’s No. 2 online retailer, joining tech tycoons that exited top management roles after Beijing’s sweeping internet-sector crackdown. Xu Lei, who was recently promoted to president after more than a decade at the company, takes the helm of the e-commerce titan effective immediately. Liu’s lieutenant ...

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• 11 April

  EU urges nations to send Kyiv weapons in days not weeks

  

  Bloomberg The European Union’s top diplomat is urging member states to quickly provide Kyiv with the weapons it has asked for, as Ukraine braces for Russia to step up its campaign in the country’s east, according to people familiar with weekend discussions. Josep Borrell told EU diplomats a decision is needed in days and not weeks, and the bloc must ...

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• 11 April

  Biden to press India’s Modi on Russia ahead of defense meeting

  

  Bloomberg US President Joe Biden will again press India to take a harder stand on Russia’s war in Ukraine during a virtual meeting with Prime Minister Narendra Modi ahead of a dialog between the foreign and defense ministers from both sides. Biden will continue “consultations on the consequences of Russia’s brutal war against Ukraine and mitigating its destabilising impact on ...

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• 11 April

  S’pore’s Lee warns US against isolating China over Ukraine

  Bloomberg Singapore Prime Minister Lee Hsien Loong warned the US against isolating China over the war in Ukraine by framing it as a battle between democracies and autocracies, which would complicate an already fraught relationship between the two powers. “You have to be very careful not to define the problem with Ukraine in such a way that automatically, China is ...

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• 11 April

  Macron zeroes in on Le Pen’s Putin links

  

  Bloomberg French President Emmanuel Macron ramped up his campaign for a second term, with his allies zeroing in on rival candidate Marine Le Pen’s links to Russia’s Vladimir Putin. As the second round of campaigning began on Monday ahead of a final vote in two weeks’ time, Finance Minister Bruno Le Maire said voters have a choice between an “ally ...

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• 11 April

  Jokowi dismisses term extension plan as thousands set to protest

  

    Bloomberg Indonesian President Joko Widodo appeared to dismiss a plan floated by senior cabinet official to extend his time in office as thousands of university students are set to protest in Jakarta over the move along with the rising costs of basic goods. Rumours have persisted for months that the leader known as Jokowi could seek to amend the ...

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• 11 April

  Post-Brexit London races to keep its head-start in fintech

  

    Bloomberg At the 600-year-old Guildhall in the City of London, key players in a two-decade-old industry looking to remake finance are gathering. Innovate Finance’s summit — part of UK Fintech Week — aims to showcase Britain’s financial technology sector and its global ambitions. Its profile has never been higher, with soaring demand from both customers and investors — even ...

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