April, 2018

• 18 April

  Mexico’s richest man Slim defends $13 billion airport

  Bloomberg Mexico’s richest man is rushing to the defense of a $13 billion airport project that’s under fire from the front-runner in the nation’s presidential campaign. The new hub for Mexico City will set off an economic boom for the capital, said Carlos Slim, whose construction company has won airport building contracts and whose son-in-law helped design the terminal with ...

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• 18 April

  Spirit Airlines mulls adding small jets to all-Airbus fleet to further business

  

  Bloomberg Spirit Airlines Inc. is considering adding smaller planes to its fleet of Airbus SE jets as the carrier looks for ways to expand its service. The ultradiscounter expects to seek proposals from planemakers “shortly,” having completed an evaluation of the options, Chief Commercial Officer Matt Klein said. He declined to say when the airline might make an order. Adding ...

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• 18 April

  Ivanka Trump brand to target shoppers directly

  Bloomberg A year after its break with Nordstrom Inc., Ivanka Trump’s brand is going to rely more on its own website to get its apparel in the hands of consumers. Starting from Wednesday, shoppers can order merchandise directly — with a 15 percent discount — from the brand’s website, the retailer announced in an email to customers. Since the site’s ...

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• 18 April

  Kraft Heinz partners with Momofuku to stay relevant

  

  Bloomberg Kraft Heinz Co., struggling with sliding sales and a falling stock price, is partnering with celebrity chef David Chang to generate some buzz. The ketchup maker will use its expertise in food production and distribution to help Chang take his Momofuku Ssam sauce national for the first time. The condiment, which has been served across the chef’s restaurant group ...

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• 18 April

  Hammerson pulls Intu bid as shareholder pressure prompts U-turn

  

  Bloomberg Hammerson Plc withdrew its 3.2 billion-pound ($4.6 billion) offer to buy Intu Properties Plc after a growing number of its shareholders opposed a deal that would have created the UK’s biggest shopping-mall owner. Hammerson’s initial all-share offer had come as mall owners try to combine to cut costs and focus on premium properties while UK consumers endure a year-long ...

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• 18 April

  Putin still seeks for Trump deal even after sanctions, Syria strikes

  

  Bloomberg After US sanctions crippled an entire Russian industry and air strikes in Syria threatened the first direct clash between nuclear superpowers since the Cold War, Vladimir Putin is seeking to dial down the tension. Russia’s leader wants to give President Donald Trump another chance to make good on pledges to improve ties and avoid escalation, according to four people ...

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• 18 April

  Theresa May faces another Brexit battle with Scotland, Wales

  

  Bloomberg British PM Theresa May’s plans for Brexit face another potential legal hurdle as the country’s highest court rules on whether some powers from the European Union that are due to return to the UK should go to the administrations in Scotland and Wales. Months of wrangling with the semi-autonomous governments about whether policies ranging from environmental protection to agriculture ...

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• 18 April

  Trump: CIA chief Pompeo met North Korea’s Kim

  

  Bloomberg CIA Director Mike Pompeo travelled to North Korea to meet with Kim Jong Un in advance of a possible summit on denuclearisation, President Donald Trump said. “Meeting went very smoothly and a good relationship was formed,” Trump said in a Twitter posting Wednesday morning. “Details of Summit are being worked out now. Denuclearisation will be a great thing for ...

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• 18 April

  As military tightens grip, Sharif heads to London

  

  Bloomberg Nawaz Sharif, Pakistan’s former prime minister, left for London ahead of a looming verdict on corruption charges he and his daughter Maryam face amid mounting signs of a military-led clamp down on the media. Maryam said they will visit her mother who is undergoing cancer treatment in the UK capital, posting pictures on Twitter of her father sitting in ...

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• 18 April

  Al-Qaeda Somalia raids scuttle Africa’s plan to withdraw

  

  Bloomberg African troops battling an al-Qaeda affiliate in Somalia for the past decade stand little chance of withdrawing by their deadline in two years as the government remains fragile and a spike in militant violence has drawn in US forces. The longest-running African Union peacekeeping mission, known as Amisom, operates in a shattered country whose lawlessness has bred regional violence ...

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