April, 2021

• 20 April

  Walmart+ usage hampered by consumer confusion: Survey

  

  Bloomberg Walmart Inc’s new subscription program wants to entice customers with benefits like cheap gas and no checkout lines. But it turns out many members aren’t using them much. About three out of four users don’t take advantage of perks such as less-expensive fuel and Scan & Go technology that allows store shoppers to pay for items on their phone, ...

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• 20 April

  Air France-KLM CEO flags more recapitalisation in 2021

  

  Bloomberg Air France-KLM Chief Executive Officer Ben Smith indicated the struggling airline could seek a further recapitalisation later this year even after the latest 4 billion-euro ($4.8 billion) rescue from the French government that includes the sale of new shares. “We do have heavy, heavy debt that is holding back our balance sheet,” the CEO said at the virtually held ...

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• 20 April

  Amazon signs deals to buy green power

  Bloomberg Amazon.com boosted its role as the world’s biggest corporate buyer of green power with a series of deals to help slash the company’s carbon footprint. Agreements to buy renewable energy are an increasingly popular way for big companies to cut emissions. Amazon will use the power from wind farms, solar parks and batteries to run its global operations. “Many ...

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• 20 April

  Chad president killed in attack after winning re-election

  

  Bloomberg Chad’s president, Idriss Deby, has died a day after he secured a sixth term in elections that were marred by an opposition boycott. He was 68. Deby died of injuries sustained in a battle against rebels, according to a statement read out on state radio by General Azem Bermandoa Agouna, the army’s spokesman. A military council will govern the ...

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• 20 April

  Xi challenges US leadership, warns against decoupling

  

  Bloomberg Chinese President Xi Jinping called for greater global economic integration and warned against decoupling while calling on the US and its allies to avoid “bossing others around.” “International affairs should be conducted by way of negotiations and discussions, and the future destiny of the world should be decided by all countries,” Xi said on Tuesday at the Boao Forum ...

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• 20 April

  Sergei Skripal hit men blamed for blast shaking Czech-Russia relations

  

  Bloomberg The Czech Republic blamed the same Russian agents accused of poisoning former spy Sergei Skripal in the UK for a deadly 2014 blast that has done the worst damage to Prague-Moscow ties since the fall of communism. After both sides expelled a record number of diplomats, the Czechs are pondering a further response after Russia left just a skeleton ...

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• 20 April

  Chinese military seen behind Japan cyberattacks: NHK

  Bloomberg China’s military is thought to have instructed a hacker group to conduct cyberattacks on nearly 200 Japanese research institutions and firms, public broadcaster NHK reported, citing unidentified people in a police investigation. The investigators found a member of China’s Communist Party made contracts under a false name for rental servers in Japan that were used in the attacks on ...

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• 20 April

  Russian troops causing ‘extremely tense’ situation: Merkel

  

  Bloomberg German Chancellor Angela Merkel expressed concern at continued Russian troop deployments around Ukraine that the European Union estimates at 100,000, while the government in Kyiv appealed for sanctions to be tightened on its neighbour. The situation is “extremely tense and very worrying as a result of the concentration of forces on the Russian side of the Ukrainian border,” Merkel ...

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• 20 April

  Australia’s top banks step up hiring in green finance push

  

  Bloomberg Australia’s biggest banks are expanding their sustainable finance teams even as they struggle to find talent in the fast-changing sector. Commonwealth Bank of Australia has doubled the size of its sustainable division, while Australia & New Zealand Banking Group Ltd. (ANZ) has boosted its group to 14 people, with more hires on the way. The nation’s top lenders are ...

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• 20 April

  Wells Fargo awards junior bankers special bonuses up to $20,000

  

  Bloomberg Wells Fargo & Co is joining major Wall Street banks in rewarding junior bankers for fielding a surge in business amid the coronavirus pandemic. The San Francisco-based bank will pay special bonuses of $10,000 to analysts and $20,000 to associates, incrementally over six months, according to person with knowledge of the plan. “The past year has placed great pressure ...

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