January, 2022

• 26 January

  Boeing cash gain dulls pain from $5.5b Dreamliner costs

  

    Bloomberg Boeing Co. generated cash for the first time since early 2019 as rising 737 Max deliveries helped bolster company finances against mounting 787 Dreamliner losses. Wall Street was caught by surprise by the $494 million in fourth-quarter free cash flow, disclosed in an earnings statement Wednesday. Analysts had expected an outflow of about $1 billion. Boeing has also ...

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• 26 January

  Walmart boycott calls mount in Canada on Quebec vaccine rule

  

    Bloomberg A new vaccine requirement for Walmart locations in Quebec has prompted calls for a boycott among some Twitter users. The protests from those opposed to Covid vaccinations, known as anti-vaxxers, follow the Canadian province’s move to bar unvaccinated patrons from entering government-run stores and large retailers — part of efforts to persuade more people to get immunized. Walmart ...

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• 26 January

  New York fights back after mask mandate shot down by judge

  

    Bloomberg New York is appealing a ruling by a Long Island judge that its mask mandate for schools and other public places is an illegal end run around the state constitution. The mask-wearing rule was issued December 10 by the state’s health commissioner at the urging of Governor Kathy Hochul, around the start of the omicron surge of the ...

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• 26 January

  Starbucks seeks to halt ‘union vote’ count

  Bloomberg Starbucks Corp. is asking the US labor board to overturn a ruling allowing store-by-store unionization in Arizona, where ballots were already mailed to employees last week. In a Monday filing with the National Labor Relations Board, the coffee chain sought to overturn a regional director’s ruling that deemed the employees of a single store in Mesa an appropriate potential ...

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• 26 January

  Ukraine crisis: Putin at risk of personal sanctions, says Biden

  

    Bloomberg President Joe Biden said he would consider personally sanctioning Vladimir Putin if he orders an invasion of Ukraine, escalating the US effort to deter the Russian leader from war. “Yes,” Biden said in Washington, in answer to a reporter’s question about whether he could see Putin facing US sanctions. “I would see that.” The US rarely levels sanctions ...

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• 26 January

  Johnson refuses to quit as he awaits ‘lockdown parties’ investigation

  

    Bloomberg Boris Johnson batted away calls from opposition Labour Party Leader Keir Starmer for him to resign over allegations of rule-breaking parties at Downing Street during lockdown. Johnson told the House of Commons he couldn’t comment on the matter while it’s still under investigation, and reiterated a promise to publish senior civil servant Sue Gray’s report in full once ...

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• 26 January

  Burkina Faso coup fallout to reverberate across West Africa

  

    Bloomberg A coup in Burkina Faso will reverberate across West African economies and heighten concerns about growing instability in neighboring states. Soldiers toppled President Roch Marc Christian Kabore on Monday, accusing him of failing to tackle an insurgency that’s spreading in the region. The US and United Nations condemned the takeover, while the Economic Community of West African States ...

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• 26 January

  China criticises US diplomats ‘seeking exit’

  

    Bloomberg Beijing said a US bid to let its diplomats exit China during the pandemic defied logic, after reports emerged American embassy officials were worried about the country’s tightening epidemic measures. “We find it difficult to understand the logic behind the US decision, which cannot be justified,” Chinese Foreign Ministry spokesman Zhao Lijian said Wednesday at a regular news ...

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• 26 January

  Pelosi to run again, stays silent on speakership

  Bloomberg House Speaker Nancy Pelosi announced she is running for re-election to her San Francisco-area congressional seat, although she has previously indicated this would be her last term as the chamber’s top Democrat. In a video released by her campaign, Pelosi ticked off a list of unfinished business like “justice for immigrants” and issues related to education, housing, and other ...

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• 26 January

  EU’s bank watchdog unveils tougher ESG reporting rules

  

    Bloomberg Europe is imposing new requirements on how banks report environmental risks and carbon targets, to give investors a better picture of the threats that climate change poses to the industry. The European Banking Authority (EDBA) has unveiled a new set of mandatory templates, tables and instructions that banks will have to follow, after a review of environmental, social ...

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