November, 2018

• 10 November

  Americans seek realty gain from Brexit chaos

  

  Bloomberg Quay House in London’s Canary Wharf is a two-story glass box nestled among some of the tallest buildings in Europe. Its latest owners have grand plans, potentially transforming it into a hotel closer in height to its 600-foot neighbours. The property is the first acquisition from FirethornTrust, a firm backed by two billionaire American families: the Van Tuyls, who …

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• 10 November

  VW to roll out $21,000 e-car to challenge Tesla

  

  Bloomberg Volkswagen AG plans to add a subcompact crossover costing about 18,000 euros ($21,000) to its all-electric I.D. range, expanding its lineup of zero-emissions vehicles that are more affordable than those of Tesla Inc., according to people familiar with the matter. The entry level vehicle may be built at VW’s factory in Emden, Germany, said the people, who asked not …

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• 10 November

  Some iPhone X units have faulty touch screens: Apple

  

  Bloomberg Apple Inc. disclosed a pair of issues affecting two of its more popular products: the iPhone X and the 13-inch MacBook Pro. The Cupertino, California-based technology giant said the screen on some iPhone X units doesn’t respond or responds intermittently when touched. The company also said some units could have displays that react even when they aren’t touched. The …

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• 10 November

  Dyson to develop air purifier-headphone combo

  

  Bloomberg Dyson is considering developing a wearable air purifier that could double as a pair of headphones, hoping to tap demand from pollution-choked cities in Asia, people with knowledge of the project said. The UK company submitted patents for a “wearable air purifier” this year, according to filings to the UK Intellectual Property Office. The gadget is primarily an air …

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• 10 November

  Amazon to sell Apple products sans speaker

  Bloomberg Apple and Amazon.com, two of the world’s most valuable technology companies, struck a deal to get the newest iPhones into the hands of Amazon customers. Amazon said it would begin selling the most-recent iPhone, iPad, Mac computer, Apple Watch and Apple TV models on its website, along with branded accessories and headphones from Apple’s Beats subsidiary. Apple introduced the …

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• 10 November

  Longview gets turboprop crown in Bombardier deal

  

  Bloomberg A little-known company on Canada’s west coast will become king of the turboprops and owner of some of the most storied brands in the country’s aviation history after striking a deal with Bombardier Inc. Closely held Longview Aviation Capital Corp. is poised to become North America’s largest maker of turboprop aircraft with its $300 million purchase of Bombardier’s Dash …

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• 10 November

  Lion Air plane rips wing in another incident post crash

  

  Bloomberg Days after Lion Air lost a plane in Indonesia’s worst air disaster in two decades, the carrier has found itself in the midst of another incident. A Boeing 737-900ER operated by PT Lion Mentari Airlines clipped a pole while taxiing at Bengkulu airport in southern Sumatra, shearing the tip of its left wing, the carrier said in a statement. …

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• 10 November

  Marks & Spencer may close more stores: CEO

  

  Bloomberg Marks & Spencer Group Plc said it may step up store closings as the troubled UK retailer reported another decline in sales. After announcing plans in May to shut about 100 of its large stores selling food and clothing, Chief Executive Officer Steve Rowe said that the number is only a “first stage” in the company’s turnaround plan. “It’s …

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• 10 November

  Kenya Air stops tickets for Burundi flights

  

  Bloomberg Kenya Airways Plc. has ceased issuing tickets for flights to Burundi after the state demanded the airline’s wholly owned budget carrier fly bigger jets. While Jambojet Ltd. received authorisation to operate between the Kenyan capital, Nairobi, and Bujumbura, Burundi’s main city, the Ministry of Transport, Public Works, Equipment and Land Use Planning failed to give requisite approvals because of …

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• 10 November

  Walmart shoppers get new holiday offers. Its staff, not so much

  

  Bloomberg Walmart Inc. is rolling out the red carpet for shoppers during the Black Friday holiday weekend, doling out everything from deep discounts to free coffee and cookies. Its legions of store employees, though, won’t see anything special this year. Despite an extremely tight labour market, recent wage hikes by rivals and concerns that the historically frugal retailer will seek …

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