January, 2022

• 12 January

  Air Arabia named ‘most punctual airline in 2021’

  

    SHARJAH / WAM Air Arabia has been named the most punctual airline in 2021 at Moscow Domodedovo Airport in the category of ‘Foreign Airlines with more than seven flights per week.’ Moscow Domodedovo Airport, the largest in Russia, announced the winners of the most punctual airline, with the goal of further enhancing the quality of passenger service. The airport ...

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• 12 January

  China coal falls to lowest as Indonesia releases cargoes

  

    Bloomberg Chinese coal futures fall to the lowest level this year after Indonesia allowed some cargoes to leave ports as it considers lifting a temporary ban on exports of the fuel. Thermal coal on the Zhengzhou Commodity Exchange dropped by as much as 2.9% on Tuesday after Indonesia’s government said the previous day that it would immediately release 14 ...

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• 12 January

  Where will we find next Covid outbreak? Check the sewers

  

    Israeli scientists monitoring samplings of sewage water in 2013 made a startling discovery: an outbreak of paralysing polio was imminent. A national vaccination campaign was quickly mobilised and no cases appeared. That same year, Swedish scientists provided public officials with an early warning for outbreaks of hepatitis A and norovirus using the same methods. If we are to regain, ...

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• 12 January

  Populists, protests and democracy

  

  Democratic rights in Asia have been under threat this past year, as leaders from India to Myanmar and Indonesia cracked down on protests, jailed activists and journalists, and took advantage of pandemic restrictions to stifle dissent. This backsliding on human rights is a key metric of the rising tide of populism that will hang heavily over the region in 2022. ...

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• 12 January

  Cars are suddenly worth $3tn, and it’s not all Tesla

  You might think that the IPO of electric-truck wunderkind Rivian Automotive Inc — with its valuation soaring past $100 billion on zero revenue — perfectly captured the madness in autos in 2021. It was actually Rivian’s first quarterly results, when the company said it would miss its production target by “a few hundred” vehicles. Ever alert to any ripples in ...

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• 12 January

  Only big government can tame big meat

    The Biden administration desperately needs a win on inflation, and cutting the price Americans pay for beef would have an immediate impact on most families. Yet the prescription unveiled by the White House this week to boost competition in the highly concentrated meat sector, while prudent, won’t make much of a dent on meat prices, at least not for ...

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• 12 January

  Airbus beats Boeing on aircraft deliveries, set to lose on orders

  

    Bloomberg Airbus SE cemented the title of world’s largest planemaker for the third straight year with 611 jetliner deliveries, though it’s on track to lose the contest with Boeing Co. over orders. The European manufacturer beat its own handover target by 11 planes, leaving its US competitor in the dust. Jefferies estimates that Boeing, which is due to report ...

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• 12 January

  Graft allegation adds to Garuda Indonesia’s woes

  

    Bloomberg Indonesia’s government has filed corruption allegations against its flag carrier, adding to PT Garuda Indonesia’s woes as the airline undergoes a debt restructuring process. The Attorney General will investigate the file submitted by State-Owned Enterprises Minister Erick Thohir on Tuesday. The case is linked to Garuda’s procurement ATR 72-600 aircraft, although Thohir said there are indications of corruption ...

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• 12 January

  Ikea cuts pay for unvaccinated employees ordered to isolate

  

    Bloomberg Ikea imposed a financial penalty on unvaccinated UK employees who miss work if they are ordered to self-isolate after coming into contact with someone with Covid-19. If these workers become ill with the virus themselves, however, they will still receive sick pay as normal, Ikea said in a statement to Bloomberg. The changes, which came into effect in ...

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• 12 January

  Flyers snap up long-haul trips after UK eases Covid rules

  

    Bloomberg British Airways, Virgin Atlantic Airways Ltd and TUI AG reported surging interest in long-haul travel after Britain last week scaled back coronavirus testing requirements that had acted as a barrier to sales. Package-holiday giant TUI said bookings soared almost immediately on the policy change. British Airways Holidays, meanwhile, saw searches jump nearly 40% compared with the final week ...

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