April, 2021

• 13 April

  Belfast petrol bombs, too, are a Brussels problem!

  A disturbing sight has returned to the Northern Ireland cities of Belfast and Derry, reminding mainland Brits of the three decades from 1969 when riots and bouts of terrorism marked the sectarian strife of “the Troubles.” Almost every night since March 30, cars and coaches have been set alight, and youths — directed by loyalist paramilitary godfathers-turned-gangsters — have hurled ...

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• 13 April

  Yellen doctrine is more than corporate taxes

  Janet Yellen has a potent message for the world and for folks at home weary of US commitments abroad: America isn’t done as a global force, if only because it’s primarily to the country’s own advantage. Whether the rest of the world is buying what she has to sell is a different question. While many foreign officials welcome the jolts ...

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• 13 April

  Asia’s top ride-hailing firms proceed with listing plans

  

  Bloomberg Asia’s top ride-hailing startups are pushing ahead with listing plans, as they seek to take advantage of a boom in equity offerings to fund expansion in everything from food delivery to autonomous driving. Beijing-based Didi Chuxing has filed confidentially with the US Securities and Exchange Commission for an initial public offering that could raise several billion dollars, according to ...

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• 13 April

  Indian delivery app seeks $150m funding

  

  Bloomberg Dunzo Digital Private Ltd, a delivery startup backed by Google and operating in eight Indian cities, aims to double the amount of capital it has raised so far to extend its reach across the country and become a $1 billion revenue business in the next two years. The app, which connects low-cost couriers to thousands of individual merchants, has ...

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• 13 April

  ‘India to witness K-shaped recovery as demand hit’

  Bloomberg The Indian economy’s recovery is likely to be shaped like a K rather than a V, as rising inequality is poised to hit consumption and growth prospects, the country’s former central bank governor said. “An important consequence of the pandemic has been the sharpening of inequalities,” Duvvuri Subbarao said. “Growing inequalities are not just a moral issue. They can ...

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• 13 April

  Toshiba CEO losing support among employees, says poll

  

  Bloomberg Toshiba Corp’s Chief Executive Officer Nobuaki Kurumatani has seen a sharp drop in support from executives and other employees in internal surveys, according to people familiar with the matter. Employees who have confidence in the CEO fell to less than 60% in an internal January poll, down from more than 90% last year, said the people who asked not ...

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• 13 April

  India sees job losses as curbs return

  Bloomberg A fresh round of provincial lockdowns to curb the record rise in virus infections is leading to job losses in India, according to the latest employment data by a private research firm. Unemployment touched 8.6% for the week ending April 11, from 6.7% two weeks ago, showed the data by Centre for Monitoring Indian Economy Pvt Ltd. The hit ...

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• 13 April

  AstraZeneca vaccine use shrinks in Asia amid safety woes

  

  Bloomberg Countries across the Asia Pacific are demurring on AstraZeneca Plc’s Covid-19 vaccine, or restricting its use, in a move that may delay protection for the region amid concerns that the shot could trigger a rare and potentially deadly blood clotting condition. After guiding against the vaccine’s use in people under 50 and saying that it didn’t expect shipments from ...

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• 13 April

  Ukraine tells Russia to pull back its troops as US warns of costs

  

  Bloomberg Ukraine urged Russia to pull back troops from its border as Secretary of State Antony Blinken warned the US would impose “costs” on any Kremlin aggression. Tensions between the two neighbours are the highest since the end of large-scale fighting in the conflict that began after President Vladimir Putin annexed Crimea in 2014. The war over the status of ...

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• 12 April

  Czech Republic’s ruling party removes foreign minister critical of Russia

  

  Bloomberg A party in the Czech Republic’s ruling coalition will remove the Foreign Minister Tomas Petricek, the government’s most vocal critic of Russia’s efforts to take part in nuclear plant tender in the Nato member state. The removal follows Petricek’s unsuccessful bid to replace Social Democratic Party Chairman Jan Hamacek in a vote last week. Petricek, 39, resigned from his ...

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