January, 2021

• 31 January

  Ghana banks keep lower interest rates as Covid-19 cases surge

  Bloomberg Ghana banks are extending relief measures to cushion clients from fallout of pandemic as a resurgence in the number of infections threatens an economic recovery. Lenders are retaining measures such as reduced borrowing costs, restructured credit facilities and repayment holidays to customers into 2021 to “ensure that the wheels of the economy continue grinding,” John Awuah, chief executive officer …

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• 31 January

  Jaguar’s newest car is actually 70 years old

  

  Bloomberg Jaguar’s classics department has announced it will make eight more of the curvaceous C-Type that was originally produced from 1951 to 1953. The continuation cars, set to converge on a special track day in 2022 to mark 70 years since the original release, will be the fourth of its kind for the Coventry, England-based company. Jaguar started developing Jaguar …

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• 31 January

  Twitter, Facebook had even more deceptive news in 2020

  

  Bloomberg Content from discredited websites that masquerade as journalism proliferated on Twitter Inc. and Facebook Inc. in 2020 despite the companies’ efforts to stem disinformation, according to research from the German Marshall Fund. On Twitter, the spread of deceptive websites was driven by accounts that have been verified as real but tweet out content from other sites that repeatedly post …

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• 31 January

  ‘Millions in UK stopped using WhatsApp’

  

  Bloomberg The UK’s top data-protection regulator told lawmakers that millions of people have stopped using WhatsApp in favour of alternative messaging services such as Telegram and Signal. Elizabeth Denham said that changing terms of service have led consumers to vote with their virtual feet away from the Facebook Inc. business. WhatsApp delayed introduction of a new privacy policy after confusion …

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• 31 January

  Xiaomi sues US seeking to reverse investment ban

  

  Bloomberg Xiaomi Corp. sued the US Defense and Treasury departments, challenging a blacklisting that blocks American investors from buying the Chinese smartphone giant’s securities. The lawsuit came after the Defense Department determined earlier this month that China’s biggest smartphone maker was affiliated with the People’s Liberation Army. Beijing-based Xiaomi called the blacklisting “unconstitutional” and seeks a court ruling to reverse …

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• 31 January

  Apple CEO slams tech giants ahead of new privacy features

  

  Bloomberg Apple Inc. Chief Executive Officer (CEO) Tim Cook lambasted tech giants for “data exploitation” and called for reform around the practices of selling user data to target ads. The iPhone maker is rolling out new privacy features that restrict how mobile apps such as those from Facebook Inc. and Alphabet Inc.’s Google gather data about users to target ads. …

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• 28 January

  Better use of jet stream could cut CO2 emissions: Research

  

  Bloomberg Airlines could “substantially” reduce their fuel consumption if planes become more efficient at riding the wind, according to new research. Commercial flights between New York and London during the 2019-2020 winter could have used as much as 16% less fuel if pilots had taken full advantage of the jet stream, scientists at the University of Reading said in a …

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• 27 January

  Vaccine rollout misses TSA screeners, air-traffic officials

  

  Bloomberg They’re essential workers performing critical safety work and have been assigned priority designation to receive the coronavirus vaccine. Yet tens of thousands of airport security screeners, air-traffic controllers and federal accident investigators who must report to work in spite of the virus ravaging the US haven’t gotten the shot and aren’t sure how and when they will. “It’s incredibly …

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• 27 January

  Southwest seeks to pare costs with leave offer

  

  Bloomberg Southwest Airlines Co is offering another round of voluntary leave as staffing levels remain too high for a flight schedule hammered by the coronavirus pandemic. Time off for employees accepting the offer begins on March 1, when thousands of workers are set to return from six-month leaves awarded last year, Southwest said. Already, 791 pilots have agreed to take …

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• 27 January

  Britain to bring in hotel quarantine system for highest-risk travellers

  

  Bloomberg The UK government will introduce a limited hotel quarantine system for passengers arriving from the highest-risk countries, according to a person familiar with the matter. The move is aimed at curbing the spread of new variants of coronavirus that could prove resistant to vaccines, but is expected to apply to arrivals from countries with new forms of the virus, …

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