Bloomberg The first commercial Boeing Co. 737 Max flight appeared to have resumed flying into China for the first time in almost four years, in what would be a major breakthrough for the US planemaker’s best-selling jet. A MIAT Mongolian Airlines flight operating a round-trip between Ulaanbaatar to Guangzhou landed in the southern Chinese city at 8:18am local time on ...
Read More »Southwest pilots back Boeing in fight over Max 7, 10 certification
Bloomberg Boeing Co gained an unlikely ally in the pilots of the world’s largest 737 operator as the planemaker lobbies Congress to extend the deadline for certifying its Max 10 and Max 7 models and avoid a potentially costly cockpit redesign. “We 100% support the extension,†Casey Murray, head of the Southwest Airlines Pilots Association, said in an interview. ...
Read More »Tesco battle with Aldi heats up with pledge to lock prices
Bloomberg Tesco Plc froze prices on 1,000 products until next year to maintain its leading market share in the UK amid intense competition from discount grocers Aldi and Lidl. Britain’s biggest grocer reported better-than-expected sales and only slightly reduced its profit guidance for the fiscal year as it works to keep prices low and increases pay to blunt the ...
Read More »Airlines misleading flyers with carbon-neutral claims: Study
Bloomberg Europe’s leading airlines are misleading consumers with claims that they can fly guilt-free by using carbon offsets to neutralise the environmental impact of air travel, according to a new report by the non-profit Carbon Market Watch. A temporary dip during the Covid-19 pandemic aside, airline emissions have been steadily rising for the past two decades and, left unchecked, could ...
Read More »Starbucks fired staff over activism: Judge
Bloomberg Starbucks Corp. illegally fired a Michigan employee because she engaged in union activism and participated in a US labour board proceeding, a National Labour Relations Board judge ruled. The agency judge’s decision requires the coffee chain to offer the worker reinstatement with back pay. It says Starbucks must also hold a meeting with employees as well as representatives ...
Read More »Putin threatens more missile attacks on Ukraine as cities hit
Bloomberg President Vladimir Putin threatened further missile attacks on Ukraine after Russia hit Kyiv and other cities in the most intense barrage of strikes since the first days of its invasion, marking a dangerous new escalation in the war. Monday’s bombardment came a day after Putin accused Ukrainian forces of carrying out an explosion that damaged a flagship road and ...
Read More »Ukraine’s allies can’t get arms fast enough as stockpiles shrink
Bloomberg With Russia’s war in Ukraine in its eighth month, some European nations that have funneled weapons to Kyiv are running low, and it could take years for defense contractors to meet the shortfall. Nato states are urging companies to boost production to help them restock — to both resupply Ukraine and reinforce their own stores in a climate of ...
Read More »Malaysia PM dissolves parliament, calls snap polls
Bloomberg Malaysian Prime Minister Ismail Sabri Yaakob announced the dissolution of parliament on Monday, paving the way for elections this year as his ruling party seeks to strengthen its position following a run of successful local polls. Ismail said he met with King Sultan Abdullah Sultan Ahmad Shah to gain approval for the dissolution, and the Election Commission would decide ...
Read More »India, Australia deny Delhi’s Russia ties risk Quad alliance
Bloomberg India’s close military and trade ties with Russia won’t undermine the effectiveness of the Quad security partnership, Australia’s top diplomat said, despite high tensions between Moscow and western nations over Russia’s war in Ukraine. Australian Foreign Minister Penny Wong and her Indian counterpart External Affairs Minister Subrahmanyam Jaishankar told a press conference in Canberra on Monday that the ...
Read More »New political storm brews in Catalonia for key Sanchez ally
Bloomberg Catalonia’s separatist president is set to name a batch of new cabinet members in a bid to shore up his government after its main coalition partner pulled the plug on their alliance. The seven new so-called councilors will be sworn in Tuesday, President Pere Aragones said on his Twitter account. The move to fill vacant posts in the ...
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