Thailand eases rules for foreign visitors to reboot tourism

Bloomberg Thailand will further relax entry rules for foreign visitors starting next month, bowing to demand from the local tourism industry to lower costs as more countries ease border controls to lure holidaymakers. Vaccinated visitors to the Southeast Asian nation won’t be required to undergo a mandatory polymerase chain reaction test on the fifth day of the arrival starting from ...

Read More »

Amazon’s landlord in Canada planning bond market debut

  Bloomberg A Canadian commercial real estate landlord whose largest tenant is Amazon.com Inc is marketing its inaugural bond sale. RBC Canadian Core Real Estate Fund plans to issue green bonds in the near future, subject to market conditions, according to people familiar with the matter. Proceeds will finance the acquisition of two eligible projects in Vancouver and Calgary, said ...

Read More »

Macy’s upgraded by Fitch post sales outlook

  Bloomberg Macy’s Inc projected sales and earnings for the current year that outpaced Wall Street’s estimates — a sign that its efforts to boost online sales are paying off. Following the release, Fitch Ratings boosted the department-store retailer to investment grade. The company sees full-year earnings of $4.13 to $4.52 a share, excluding some items, topping the $3.98 average ...

Read More »

Russia invades Ukraine in worst European crisis of postwar era

Bloomberg Russia began a full-scale invasion of Ukraine after President Vladimir Putin vowed to “demilitarise” the country and replace its leaders, triggering the worst security crisis in Europe since World War II and prompting the West to threaten further punishing sanctions in response. Russia launched a barrage of missile, artillery and air attacks early on Thursday, with Ukraine reporting dozens ...

Read More »

Biden vows ‘severe sanctions’ on Russia as Putin launches attack

Bloomberg US President Joe Biden promised to impose “severe sanctions” against Russia for its invasion of Ukraine and he was expected to spell out the economic penalties in a public address on Thursday. The question is how far he and allies will to go to punish President Vladimir Putin. The kind of measures could include cutting Russia’s top banks from ...

Read More »

Trudeau repeals emergency powers after ending truck protests

Bloomberg Canada is lifting the emergency powers it enacted more than a week ago to get street protests under control, with Prime Minister Justin Trudeau saying the unprecedented authority is no longer needed. His government invoked the never-before-used Emergencies Act after hundreds of semis and other heavy vehicles blockaded the downtown of Canada’s capital city for three weeks. The demonstration ...

Read More »

National guard to bolster cops as US convoy buzz builds

  Bloomberg The Pentagon is making as many as 700 National Guard troops available to Washington law enforcement to keep traffic flowing if a threatened protest convoy of trucks clogs the already congested Beltway in coming days. Social media users opposed to vaccine mandates have posted frequently about the so-called People’s Convoy, inspired by recent protests in Canada. But there ...

Read More »

Brazil: Jair Bolsonaro has narrow first-round lead over Lula in poll

  Bloomberg Brazilian President Jair Bolsonaro has a slight, first-round edge over his main challenger Luiz Inacio Lula da Silva in the upcoming presidential race, but would still lose a runoff vote by a wide margin, according to the latest poll. A survey by Futura Inteligencia published on Wednesday showed that the president would get 34.3% of voter intentions, while ...

Read More »

War in Ukraine risks displacing 1 million, straining EU’s east

Bloomberg Europe is bracing for what could be an exodus of more than a million refugees after Russia launched a full-scale attack on Ukraine, as officials say any initial strain will be borne by member states on the bloc’s eastern frontier. The order of a full-scale invasion from President Vladimir Putin, triggering one of the worst security crises in Europe ...

Read More »

American Electric Power plans to sell US wind, solar farms

  Bloomberg American Electric Power is planning to sell some or all of its renewable energy portfolio in order to focus on its core utility business. “This move will simplify and de-risk the company while allowing us to redeploy capital to our regulated businesses, where we see a meaningful pipeline of investment opportunities to enhance service for customers across our ...

Read More »
Send this to a friend