January, 2022

• 28 January

  US-Europe unity is best weapon against Russia

    After weeks of mostly fruitless diplomacy, Nato is bracing for war. Countering Russia’s buildup on Ukraine’s borders, the alliance is readying a force to deploy to eastern Europe that could include as many as 8,500 US troops. Denmark has dispatched fighter jets to Lithuania and a frigate to the Baltic Sea. Dutch F-35s are being moved to Bulgaria. Multiple ...

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• 28 January

  EasyJet swells capacity as UK travel rebound gathers pace

  

    Bloomberg EasyJet Plc will pour capacity into the UK this summer as easing travel curbs boost demand and make the country a key battleground for airlines emerging from two years of Covid-19 disruption. Bookings in Britain are surging, according to the Luton, England-based carrier, which plans to lift seating to near normal levels by the summer, meeting the challenge ...

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• 28 January

  Air India seeks to end $1.2b US case citing new owner

  

    Bloomberg Air India Ltd. is seeking to end a case filed by Devas Multimedia Pvt in a US court, arguing a recent change in ownership of the carrier prevents demands over recovery of arbitration awards. Devas demands $1.2 billion from the Indian government after winning three international arbitration awards over a scrapped telecommunications deal with a state-run firm. The ...

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• 28 January

  UK retail trading platforms witness renewed demand

  

    Bloomberg A volatile start to the year for global stock markets is breathing new life into UK trading platforms, which had seen fading interest amid less stringent pandemic restrictions. CMC Markets Plc and IG Group Holdings Plc both said they’ve seen an increasing number of bets being placed on equity markets amid price swings that put the S&P 500 ...

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• 28 January

  Nestle to pay cocoa farmers cash incentives to fight child labor

  

    Bloomberg Nestle SA will offer cocoa farmers and their families in the Ivory Coast cash incentives that aim to reduce child labor, as the chocolate industry faces growing scrutiny over the problem. The program, under which the KitKat maker plans to spend 1.3 billion francs ($1.4 billion) by 2030, will offer as much as 500 francs per year to ...

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• 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

  Russia sees ‘rational elements’ in US proposal, says top envoy

  

    Bloomberg Russian Foreign Minister Sergei Lavrov said on Friday that the American proposal to defuse tensions with Ukraine contained “rational elements,” even though some key points were ignored. The seemingly calmer tone came after U.S. President Joe Biden warned of a possible Russian attack next month during a phone call with his Ukrainian counterpart, Volodymyr Zelenskiy. They also discussed ...

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• 28 January

  US urges China to alter quarantine requirements for American diplomats

  

    Bloomberg The Biden administration said it recommended changes to China’s requirements for Covid-19 quarantine and testing among American diplomats, adding to tensions between the world’s biggest economies ahead of the Olympics. “We have long-standing concerns regarding the PRC’s quarantine and testing policies that run counter to diplomatic privileges and immunities,” State Department spokesman Ned Price told reporters on Thursday, ...

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• 28 January

  UK ‘partygate’ probe may be watered down at police request

  

    Bloomberg A UK government probe into alleged rule-breaking parties in Boris Johnson’s office during the pandemic could be stripped of key details at the request of the police, potentially handing the prime minister a boost as he tries to persuade his Conservatives not to mount a leadership challenge. Facing a major public backlash, Johnson commissioned the civil service to ...

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