August, 2021

• 30 August

  T-Mobile’s cyber breach and broken promises

  T-Mobile US Inc, the nation’s fastest-growing wireless carrier, has been working for years to shed its image as a discount you-get-what-you-pay-for service. But the revelation that lax security allowed a hacker to infiltrate and potentially sell personal data on some 50 million T-Mobile customers is just the latest incident in recent weeks that may damage a hard-fought reputation as the ...

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• 30 August

  Modi’s green new deal might actually work

  After making great strides in promoting renewable energy, India is once again being singled out as a global climate laggard. Its negotiators blocked agreement on tackling emissions at the G-20 meeting in Naples earlier this year, publishing an eye-catching dissent calling for the group to focus on bringing down high per-capita emissions in rich countries. India later skipped a ministerial ...

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• 30 August

  Vietnam Airlines aims to start first US route in Oct

  

  Bloomberg Vietnam Airlines JSC is pushing ahead with plans to start its first flights to the US in late October even as it seeks to mitigate losses from the virtual suspension of operations during the nation’s worst coronavirus outbreak. The carrier will use either Boeing Co 787 or Airbus SE A350 aircraft for its inaugural US route — Ho Chi ...

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• 30 August

  BA proposes new unit to lower costs at Gatwick

  

  Bloomberg British Airways (BA) is prepared to bring back short-haul flights at London Gatwick airport that were terminated at the start of the coronavirus crisis, if unions back the formation of a new unit with less costly contracts. The end of furlough support from the UK government combined with lingering travel curbs means the restoration of European flights at Gatwick ...

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• 30 August

  India lifts Boeing 737 Max ban, leaving China as last hurdle

  

  Bloomberg India lifted its ban on Boeing Co’s 737 Max jet, a major boost to the American planemaker that leaves China as the only leading aviation market yet to allow the aircraft to resume service. India’s decision comes after it observed “no untoward reporting” on jets already flying since 17 global regulators allowed it to resume flights, the Directorate General ...

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• 30 August

  Air New Zealand posts 2nd annual loss, suspends guidance

  

  Bloomberg Air New Zealand posted its second straight annual loss and suspended earnings guidance as the South Pacific nation grapples with a coronavirus outbreak that’s prompted a strict lockdown. The airline announced a loss before significant items and tax of NZ$440 million ($307 million) for the year ended on June 30, its first full 12-month period of operation with Covid-19 ...

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• 30 August

  IATA urges global adoption of EU vaccine passports

  Bloomberg The International Air Transport Association (IATA) urged countries around the world to adopt the European Union’s Digital Covid Certificate (DCC) as the global standard for vaccine certification. The EU’s vaccine passport should serve as the blueprint for other nations, IATA Deputy Director General Conrad Clifford said in a statement. While multiple certificates or digital applications testifying to the low-risk ...

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• 30 August

  Nordstrom falls most since Covid start

  Bloomberg Nordstrom Inc fell the most since the early days of the Covid pandemic after quarterly results showed it’s recovering more slowly than other retailers. While second-quarter sales at the Seattle-based department-store chain doubled from a year ago, they remain 6% below the 2019 level. That contrasts with results from peers such as Macy’s Inc and Kohl’s Corp, which have ...

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• 29 August

  Afghan crisis: US exit strains ties with Pakistan

  

  Bloomberg Joe Biden’s hopes of keeping the Afghan Taliban in check will rely heavily on Pakistan, a neighbouring nation that has close ties to the militant group but which has often proven an unreliable partner to the US. Islamabad has long tried to balance its relationship with the US and its support for the Taliban, stoking frustration in Washington and ...

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• 29 August

  Brazil’s Bolsonaro says outcomes at elections include victory or death

  

  Bloomberg Brazil President Jair Bolsonaro laid out three outcomes for the the presidential elections next year — he will win the polls, get arrested or killed. Speaking to a group of evangelical leaders, the conservative leader said he will never be imprisoned as “no man on earth” scares him, and that he’s “doing the right thing.” The president has been ...

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