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  Bloomberg US congressional leaders are poised to exempt two Boeing Co 737 Max models from a new cockpit requirement that would take effect next week, a victory that would help the planemaker avoid an expensive redesign and potentially lengthy certification delays for the jets. Lawmakers were expected to include the controversial provision in the so-called omnibus bill expected to ...

  Bloomberg When Serge Brunschwig arrived in Rome almost five years ago to become Fendi’s chief executive, he was confronted with a conundrum: the company was struggling to find skilled workers. The problem left the 62-year-old McKinsey alum taken aback. After all, Italy has always been known for its artisans, from the violin-makers, textile designers and painters of the Renaissance ...

  Bloomberg The Adani Group rolled out a digital platform for its airport vertical as the ports-to-power conglomerate, helmed by Asia’s richest person, Gautam Adani, inches closer to unveiling its super app. Adani One, developed in-house, will enable users to book air tickets, check flight status, access lounges, shop for duty-free products, get cabs and avail parking facilities. “We have ...

  Bloomberg United Airlines Holdings Inc Chief Executive Officer Scott Kirby met with pilots at a Mesa Air Group Inc training facility, after Mesa said it had ended its partnership with United competitor American Airlines Group Inc. Kirby, whose company already contracts with Mesa for some service, visited amid talks to expand its ties with the regional carrier, Mesa CEO ...

  Bloomberg UK Chancellor of the Exchequer Jeremy Hunt delayed a decision on the support businesses will receive for their energy bills after March, sparking consternation from industry groups. While Hunt has extended assistance for domestic energy bills, he’s yet to say how much aid will be provided to companies after the current £18 billion ($22 billion) 6-month program ends. ...

  Bloomberg The drive to launch new carbon exchanges in Asia has reached new heights with Malaysia entering the fray, raising questions about how many will survive in a market that could be worth hundreds of billions in a few decades. Bursa Malaysia Bhd opened an exchange this month, joining more than a dozen that are under way or planned ...

  Bloomberg India’s unemployment rate in December climbed to its highest point since a nationwide pandemic lockdown, as the country struggles to produce enough jobs to absorb a growing workforce. The joblessness rate in the first three weeks of December was over 8% of the available labour force, Mahesh Vyas, head of the Centre for Monitoring Indian Economy Pvt Ltd, ...

  Bloomberg China confirmed it’s narrowed how it defines a Covid death, adding weight to speculation that its strikingly low official tally is hiding the true picture of the chaos unleashed by this month’s abrupt pandemic pivot. The country will only count people who tested positive for Covid and died of respiratory failure as official virus deaths, Wang Guiqiang, a ...

  Bloomberg India’s biggest carmaker, Maruti Suzuki India Ltd, said government levies put vehicles beyond the reach of much of the population, adding to criticism of the country’s tax regime from Tesla Inc and Toyota Motor Corp. “Government policies are such that they treat cars as luxury products that need to be heavily taxed,” Maruti Chairman RC Bhargava said at ...

  Bloomberg Taiwan’s export orders plummeted by the most since the height of the global financial crisis more than a decade ago, a sign of worsening global demand for technology products. Overseas orders to Taiwanese firms fell 23.4% in November from a year earlier, according to a statement from the Economics Ministry. That was almost double the 12.8% drop economists ...