Saturday , 7 February 2026

Nigeria ends Twitter ban after 7 months

  Bloomberg Nigeria lifted a seven-month ban on Twitter Inc. in the West African country, after the social network agreed to various conditions. Twitter will establish a legal entity in Nigeria and appoint a country representative to engage with the government when required, the National Information Technology Development Agency, or NITDA, said in a statement announcing the imminent end of …

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Oil surges again as traders shrug off Omicron impact

  Bloomberg Oil headed for a fourth straight weekly gain, the longest streak since October, on signs that the market is tightening as global consumption withstands the impact of the Omicron virus variant. Brent crude traded above $85 after rallying more than 4% this week. The global crude benchmark has made a strong start to the year, which has been …

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European power prices soar on setbacks at French nuclear giant

  Bloomberg French and German electricity prices jumped after Electricite de France SA revised down the production forecast for its nuclear fleet that’s vital to keep the lights on in Europe. The world’s biggest producer of nuclear power reduced its estimate by about 8% after finding defects at some reactors. It’s another blow to Europe which is already facing an …

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Diesel markets are soaring across world

  Bloomberg Diesel markets are jumping everywhere, a positive indicator for oil prices more widely. In Asia, the lowest inventories in years have driven margins from making the fuel to a four-month high. Winter there is chillier than usual and demand for transport, industrial and heating fuels are getting a boost. The continent is contending with significantly less supply from …

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Thyssenkrupp to keep control in $5.7 billion hydrogen IPO

  Bloomberg Thyssenkrupp AG plans to hold a majority stake in its rebranded electrolysis unit after its initial public offering to tap into the growing market for green hydrogen to fight climate change. The engineering conglomerate is preparing to list its electrolysis plant business this year, renaming it Nucera, in a move that could value the unit at as much …

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FAA issues 1,462 flight limits for 5G, seeks to limit delays

  Bloomberg US aviation regulators say they’ve made progress reducing the risk of flight disruptions from new 5G service that’s set to start January 19, but at the same time they’ve issued almost 1,500 orders limiting flight operations across the country. The Federal Aviation Administration expects to provide information soon on what percentage of aircraft will be subject to the …

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Boeing’s 737 Max nears return to service in China

  Bloomberg Boeing Co’s 737 Max is poised to resume commercial flights in China as soon as this month, according to people familiar with the matter, a significant milestone for the narrow-body workhorse after it was grounded worldwide in 2019. A so-called operational readiness flight conducted by Hainan Airlines on January 9 is a sign the model could return to …

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Air France-KLM starts search to replace head of Dutch arm

  Bloomberg Air France-KLM has begun a search to replace the head of its Dutch arm in a move that could give Chief Executive Officer Ben Smith a fresh start in improving relations between its two flag carriers. Shares of the airline group fell as much as 1.8% in Paris on Friday, a day after the group said Pieter Elbers …

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Instacart’s prepared-food delivery takes on DoorDash

  Bloomberg Instacart Inc. is launching a service offering prepared foods from supermarkets in a bid to capture more customers and better compete in the hot market for meal-delivery. Customers will be able to choose from hundreds of ready-to-eat meals, such as rotisserie chicken, sushi and soups, from grocery stores including Kroger, Publix and Ahold Delhaize’s Stop & Shop. Shoppers …

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EU defends airline slot rules over Lufthansa row

  Bloomberg The European Union defended its airport slots rule following complaints by some airlines including Deutsche Lufthansa AG that the requirement forces it to fly empty planes. Lufthansa last week launched an onslaught against the EU’s use-it-or-lose-it rules that stipulate flights must take place or takeoff and landing slots will be forfeited. The carrier, whose units include Swiss, Brussels …

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