November, 2020

• 8 November

  Japan’s new Olympic experiment is a mistake

  Just how high a price are the citizens of Japan willing to pay for the privilege of hosting the Olympics? That question is getting a partial answer this month as a series of baseball games are being hosted — with government approval — in crowded stadiums. Various measures to protect spectators are being tested out, including smartphone apps that issue ...

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• 8 November

  America’s age of anger is just getting started

  A nightmare began with Donald Trump’s victory in November 2016. It has just been extended indefinitely with his narrow loss and wild allegations of electoral fraud. In his 2016 campaign, Trump prospered by challenging the legitimacy of America’s political and economic system, arguing that it was rigged to benefit a few elites. Over the next four years, he demonstrated, in ...

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• 8 November

  Singapore Airlines reports biggest-ever quarterly loss

  

  Bloomberg Singapore Airlines Ltd posted its biggest ever quarterly loss as the coronavirus decimated travel demand and fuel hedging and fleet impairment charges weighed on its bottom line. The carrier reported a net loss of S$2.3 billion ($1.7 billion) for the three months ended on September 30 versus a S$94.5 million profit the same period a year ago, before Covid-19 ...

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• 8 November

  EasyJet sells jets to raise cash reserves

  

  Bloomberg EasyJet Plc boosted cash reserves via a new round of aircraft sales as a wave of coronavirus lockdowns pushes it to deepen capacity cuts. Britain’s biggest discount carrier raised $169.5 million through the sale of 11 Airbus SE jets, which it will lease back, according to a statement. The move takes the number of planes involved in such transactions ...

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• 8 November

  Coty surges as sales declines ease amid pandemic slump

  

  Bloomberg Coty Inc soared after the maker of Covergirl and Sally Hansen reported sales declines that abated from the previous quarter. Revenue excluding the company’s Wella business, which is being sold, fell 20% to $1.1 billion in the quarter ended on September 30. Including Wella, the decline was 13%, compared with a drop of 56% in the previous quarter. Chief ...

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• 8 November

  Southwest warns workers of first layoffs in company history

  

  Bloomberg Southwest Airlines Co issued notices for what could be the first involuntary furloughs in its 49-year history, saying a union declined to discuss concessions aimed at cutting payroll costs. Forty-two workers who manage parts inventory and are represented by the Teamsters union received federally required notices that they could be laid off as of January 11, the Dallas-based airline ...

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• 8 November

  JetBlue Air adds NY trips during thanksgiving

  Bloomberg JetBlue Airways Corp is adding flights from the New York area during Thanksgiving week in a bid to tap an uptick in demand amid the coronavirus pandemic, just as Governor Andrew Cuomo is beefing up enforcement of quarantine restrictions. The 25 nonstop flights will operate between November 20 and November 30 from New York’s John F Kennedy International as ...

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• 8 November

  Biden calls for unity, tolerance in US

  

  Bloomberg President-elect Joe Biden called on Americans to put aside the divisiveness of the past four years under Donald Trump with a victory speech that promised swift action against the coronavirus pandemic and an orderly transfer of power after a bitter election. “Let’s give each other a chance,” Biden told a cheering, honking crowd at a drive-in rally on in ...

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• 8 November

  Suu Kyi’s party likely to win in Myanmar polls

  

  Bloomberg Myanmar started counting millions of votes cast on Sunday in the country’s second election since military rule ended in 2011, with de facto leader Aung San Suu Kyi and her ruling National League for Democracy (NLD) expected to win another term. Television broadcasts showed early ballots being counted in the presence of candidates, election officers and observers. Official results ...

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• 8 November

  Raab says UK can resolve Brexit

  

  Bloomberg Foreign Secretary Dominic Raab said he’s “confident” the UK will be able to resolve Brexit issues relating to Northern Ireland and played down fears Britain’s split from the European Union will sour relations with US President-elect Joe Biden. Raab said Boris Johnson’s government has reassured Biden’s team the UK has “no intention of imperiling” Ireland’s peace process and the ...

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