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  Bloomberg Hawaiian Airlines is seeking to ramp up its limited flight service to Japan in the second quarter, an omicron variant-linked delay from the carrier’s earlier goal of returning to a fuller slate of flights by late March. Japan represents the largest foreign market for Hawaiian, which had about a quarter of its business outside the US before the ...

  Bloomberg Chinese buyout firm Citic Capital is weighing a sale of its controlling stake in EBeauty Holdings Cayman Ltd. after a planned initial public offering stalled amid market volatility, people familiar with the matter said. Citic is seeking a valuation of as much as $2 billion for the provider of e-commerce services to the cosmetics industry in China, said ...

  Bloomberg Russian Foreign Minister Sergei Lavrov said on Friday that the American proposal to defuse tensions with Ukraine contained “rational elements,” even though some key points were ignored. The seemingly calmer tone came after U.S. President Joe Biden warned of a possible Russian attack next month during a phone call with his Ukrainian counterpart, Volodymyr Zelenskiy. They also discussed ...

  Bloomberg The Biden administration said it recommended changes to China’s requirements for Covid-19 quarantine and testing among American diplomats, adding to tensions between the world’s biggest economies ahead of the Olympics. “We have long-standing concerns regarding the PRC’s quarantine and testing policies that run counter to diplomatic privileges and immunities,” State Department spokesman Ned Price told reporters on Thursday, ...

  Bloomberg A UK government probe into alleged rule-breaking parties in Boris Johnson’s office during the pandemic could be stripped of key details at the request of the police, potentially handing the prime minister a boost as he tries to persuade his Conservatives not to mount a leadership challenge. Facing a major public backlash, Johnson commissioned the civil service to ...

  Bloomberg North Korea confirmed launches of four missiles this week, as Kim Jong Un ramped up weapons-testing to a record pace in an effort to signal displeasure with the US over economic sanctions. The tests included the launch of two long-range cruise missiles Tuesday that flew for 1,800 kilometers before striking an island off the peninsula’s eastern coast, the ...

Bloomberg As populism tested the ability of Europe’s mainstream parties to adapt, one country stood out as an exception: Portugal. General elections on Sunday are likely to cement its status as an oasis for the political center. Yet it’s not without risks. Prime Minister Antonio Costa of the center-left Socialist Party has only a slight edge in some polls over ...

  Bloomberg The euro area economy kicked off 2022 on a weak footing, with pandemic restrictions taking a toll on confidence and growing fears that Germany may be on the brink of a recession for the second time since the crisis began. A sentiment gauge by the European Commission fell to 112.7 in January, the lowest in nine months, driven ...

  Bloomberg The Spanish economy beat expectations at the end of last year, benefiting from a surge in investment and strong export demand. Gross domestic product rises 2% in the fourth quarter following growth of 2.6% in the previous three months. That beats economist estimates for an increase of 1.4%. It’s also better than France’s 0.7% expansion and the contraction ...

  Bloomberg Swiss watch exports had a record year amid booming demand in the US, which overtook China to become the industry’s top market for the first time in more than a decade. Shipments rise 31% to 22.3 billion francs ($24.1 billion) last year, the Federation of the Swiss Watch Industry said. The industry has recovered from a 22% decline ...