US directs airlines to provide free meals during travel chaos

  Bloomberg US airlines should buy meals and hotel rooms for passengers suffering the lengthy flight delays, according to Secretary of Transportation Pete Buttigieg, who called the disruptions roiling the travel industry “unacceptable.” In a letter to major carriers, Buttigieg asked that travellers be given meal vouchers for delays of at least three hours that are caused by the airlines ...

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India budget grocery chain eyes fivefold growth in heated market

Bloomberg Indian billionaire Radhakishan Damani’s discount supermarket chain, DMart, plans to boost its store count fivefold as it seeks to grow market share and hold its own against aggressive expansion from the likes of Mukesh Ambani’s Reliance Retail Ltd. Avenue Supermarts Ltd., which currently runs the fourth-largest number of convenience stores in India, could scale up the chain known for ...

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Some Bed Bath & Beyond suppliers halt shipments

  Bloomberg Some Bed Bath & Beyond Inc suppliers are restricting or halting shipments altogether after the home-goods retailer fell behind on payments, according to people familiar with the matter, complicating the company’s scramble for liquidity. Several of the firms that provide credit insurance or short-term financing to vendors have revoked coverage of Bed Bath & Beyond, according to the ...

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Swiss cabin crew wages likely to rise

  Bloomberg Wages for cabin crews at Swiss International Airlines AG are likely to rise as the airline attempts to retain staff, said Chief Executive Officer Dieter Vranckx. In an interview with the newspaper NZZ, Vranckx said Lufthansa-owned Swiss will likely offer higher wages to staff next month as inflation crimps the cost of living. “Wages will most likely be ...

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Attacks behind Russian lines hitting logistics, air base: UK

  Bloomberg A drone struck the headquarters of Russia’s Black Sea fleet in occupied Crimea on Saturday, days after unexplained explosions at nearby military facilities. No injuries were reported. The drone struck the roof of Russia’s Black Sea fleet headquarters in Sevastopol, Crimea, the region’s governor said on Telegram. No injuries were incurred, according to the Russian state news service ...

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Russia probes car bomb that killed daughter of Vladimir Putin ideologist

  Bloomberg The daughter of a prominent Moscow nationalist who advocated a “Russian World” ideology to justify expansion by the Kremlin, and who’d herself been sanctioned by the US and UK, was killed in a car bombing. Darya Dugina, 29, whose father is far-right political theorist Alexander Dugin, died when the Toyota SUV she was driving exploded about 20km (12 ...

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Singapore warns against ‘foreign actors’ as US-China ties fester

  Bloomberg Singapore’s Prime Minister Lee Hsien Loong warned against “foreign actors” and interference campaigns fueling divisions in the city state as global geopolitical tensions escalate. China-US relations have become “very troubled,” Lee said in his annual National Day Rally speech Sunday, adding that Singapore is among those trying “our best to avoid being caught up in the major power ...

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Mogadishu hotel siege ends after evacuations, at least 20 deaths

  Bloomberg The violent siege by extremists at a popular hotel in Somalia’s capital, Mogadishu, ended around midnight Saturday, local police said. A final death toll is pending from Somalia’s ministry of health. Earlier estimates suggest at least 20 people died when members of al-Shabaab stormed the Hayat Hotel on Friday night after first setting off bombs outside. “As our ...

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Wildfires in Europe burn area equivalent to one-fifth of Belgium

Bloomberg Drought and extremely high temperatures made worse by climate change across Europe have led to record levels of fire activity in the continent, with blazes burning through an area roughly equivalent to one-fifth of Belgium. Wildfires in the European Union have consumed 660,249 hectares (1,631,511 acres) of land for the year through August 13, according to data from the ...

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UK borrows more than forecast as inflation drives up debt costs

  Bloomberg UK government borrowing came in higher than forecast in the first four months of the fiscal year as soaring inflation drove up debt costs. A larger-than-forecast £4.9 billion budget deficit in July took the total for 2022-23 so far to £55 billion pounds — £3 billion more than officials forecast in March. Debt-servicing costs surged by 81% from ...

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