October, 2021

• 3 October

  Tata to take over Air India in historic deal years in making

  

  Bloomberg Tata Sons Pvt is set to take over ailing Air India Ltd again, more than half a century after the country’s biggest conglomerate ceded control to the state, ending the government’s hold over an airline that for decades defined the lofty ambitions of a newly-independent nation. A panel of ministers accepted a proposal from bureaucrats, who recommended the conglomerate’s ...

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• 3 October

  United: 593 US staff face firing for rejecting shot

  

  Bloomberg United Airlines Holdings Inc said as many as 593 employees face termination after declining to get the coronavirus vaccine following the carrier’s deadline last week. About 2,000 United workers have requested an exemption on medical or religious grounds, the company said, the day after the vaccine mandate deadline took effect for about 67,000 US-based employees. The airline plans to ...

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• 3 October

  Boeing sees travel back at 2019 levels in two or three years

  

  Bloomberg Boeing Co forecasts that commercial aviation should be back to 2019 levels in two to three years, buoyed by a strong domestic recovery in China and parts of Europe, the US planemaker’s China head said. Various countries’ vaccination rates and differing quarantine requirements will pose some hurdles but “we’re anticipating in the next two to three years that the ...

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• 3 October

  Upscale airline startup barges into Southwest’s Texas turf

  

  Bloomberg A tiny startup is expanding its semiprivate flight services in Texas, an incursion on the home turf of industry behemoth Southwest Airlines Co that targets business travelers in three of the state’s largest cities. JSX will begin service to Austin, Texas, from Dallas Love Field while doubling its Houston service to four daily flights. The carrier boards at the ...

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• 3 October

  Dollar Tree tiptoes away from $1 limit in test of higher prices

  Bloomberg Dollar Tree Inc is moving above the price point that gave the discounter its name. The retailer’s legacy stores will soon begin testing sales of products that cost more than $1, according to a company statement. Dollar Tree will also add more goods that go for more than a buck at its Combo and Dollar Tree Plus stores, which ...

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• 3 October

  HomeGoods finally launches a website

  Bloomberg HomeGoods Inc has finally gone online as the ubiquitous retailer looks beyond brick-and-mortar at a time of soaring e-commerce demand. The discount home-decor chain began offering items including bedding, kitchen goods and seasonal products on its website. HomeGoods said it sees the e-commerce store as a complement to its network of more than 820 physical locations. The late launch ...

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• 3 October

  China steps up Taiwan flybys as 38 planes enter defense zone

  

  Bloomberg Chinese warplanes made multiple incursions close to Taiwan in the second major display of military might in two weeks. People’s Liberation Army aircraft conducted 38 flights near the territory, based on statements from Taiwan’s defense ministry. There were 13 Chinese planes in the air defense identification zone in nighttime hours and 25 earlier in the day, the ministry said. ...

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• 3 October

  North Korea test-fires another missile after Kim derides Biden

  

  Bloomberg North Korea claimed it had successfully test launched a newly developed anti-aircraft missile a day after the country’s leader, Kim jong-un, called President Joe Biden’s North Korea policy a “petty trick” — escalating tensions with Washington. The test was of “very practical significance in studying and developing various prospective anti-aircraft missile systems,” the state-run Korean Central News Agency (KCNA) ...

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• 3 October

  Johnson’s magic touch helps Tories rise above Brexit Britain chaos

  

  Bloomberg Moments after Boris Johnson told Parliament he planned to break a key election pledge and raise taxes on British workers, a WhatsApp message popped up on the phones of Conservative MPs: “PM in the tearoom now.” Johnson’s charm is by far his strongest political asset and the prime minister put it to work, mug in hand, to calm his ...

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• 3 October

  Duterte to retire from politics, not to run for vice president

  Bloomberg Philippine President Rodrigo Duterte said he’s retiring from politics and won’t be seeking the vice presidency in 2022, a surprise move that saw his party’s nominee for the top position instead seek the No. 2 post. Duterte’s former aide and now Senator Christopher ‘Bong’ Go filed his candidacy for vice president. Go had been earlier nominated by the ruling ...

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