April, 2021

• 5 April

  Delta cancels 100 flights, temporarily reopens some of its middle seats

  

  Bloomberg Delta Air Lines Inc said it’s cancelled about 100 flights due to a staffing shortage, and as a result will allow travellers to book middle seats on some planes a month ahead of plan. “Delta teams have been working through various factors, including staffing, large numbers of employee vaccinations, and pilots returning to active status,” a spokeswoman said in ...

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• 5 April

  GameStop to offer up to $1b in shares; stock declines

  Bloomberg GameStop fell on Monday after the company said it may sell up to $1 billion worth of additional shares in an at-the-market equity offering program. Shares of the video game retailer declined more than 15% to $160.96 as of 7:19 am in New York. Jefferies will manage the offering of up to 3.5 million shares, according to a statement, ...

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• 5 April

  Philippines warns China of daily protests if ‘militia’ stays

  

  Bloomberg The Philippines warned Beijing it would face a barrage of diplomatic protests if Chinese vessels believed to be part of a “maritime militia” do not leave disputed South China Sea areas, escalating the spat between the two nations. “For every day of delay, the Republic of the Philippines will lodge a diplomatic protest,” the Department of Foreign Affairs said ...

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• 5 April

  China tests Biden with South China Sea tactic that misled Obama

  

  Bloomberg Based on the official view from Beijing, the Philippines has no reason to worry about Chinese fishing boats sitting along a disputed reef in the South China Sea. The vessels — initially numbering in the hundreds — were simply “taking shelter from the wind” and the Philippines should view the situation in a “rational light,” Chinese Foreign Ministry spokeswoman ...

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• 5 April

  Donald Trump keeps history at bay by putting off presidential library

  

  Bloomberg Donald Trump is spending his first months as an ex-president trying to ensure that he’s remembered the way he wants — but he’s holding off on plans to establish a library that would enshrine his version of his presidency. Refusing to cede the limelight, the former president has issued almost daily statements, set up a website and turned up ...

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• 5 April

  Kosovo gets new president, its second female leader

  

  Bloomberg Kosovo lawmakers approved US educated jurist Vjosa Osmani as president, filling the post previously held by an ex-guerrilla who stepped down last year to face charges on war crimes. Osmani, 38, was elected with the backing of Premier Albin Kurti, whose anti-establishment Self-Determination Movement won February 14 elections. Both represent a new generation of leaders in the landlocked Balkan ...

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• 5 April

  Bulgarian leader wins poll with difficult path to government

  

  Bloomberg Bulgarian Prime Minister Boyko Borissov’s party won Sunday’s general elections, but thorny ties with his political rivals complicated his path to a fourth term as leader of the European Union’s poorest and most corrupt member. Already one of the EU’s longest-serving leaders, the former bodyguard of the Balkan state’s last communist dictator capitalised on support from conservative voters drawn ...

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• 5 April

  US forges ahead on $1 billion tariff plan over digital taxes

  

  Bloomberg The US is pressing ahead with plans to hit six nations that tax internet-based companies with retaliatory tariffs that could total almost $1 billion annually. Goods entering the US — ranging from Austrian grand pianos and British merry-go-rounds to Italian anchovies — could face tariffs of as much as 25% annually, documents published by the US Trade Representative (USTR) ...

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• 5 April

  France cuts growth forecast as new lockdown begins

  

  Bloomberg France’s economy will rebound less than previously expected this year due to the latest four-week nationwide lockdown aimed at halting a surge in coronavirus cases. French Finance Minister Bruno Le Maire cut the country’s 2021 GDP growth forecast to 5% from 6%, following an 8.1% contraction last year. A Bloomberg survey in March showed economists were expecting the economy ...

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• 5 April

  Argentina’s Guzman says IMF credit line deal will take time

  Bloomberg Argentine Finance Minister Martin Guzman said finalising a plan with the International Monetary Fund (IMF) to repay $45 billion in debt likely won’t happen by May or June. Changing the terms of a previous repayment program would require the support of nations like the US, China, Germany, Japan and France, the finance minister said in an interview with CNN ...

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