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  Bloomberg Rolls-Royce Holdings Plc plans to hire around 150 people across its network of partners in Singapore as airlines start to bring back planes that were grounded during the pandemic and international travel picks up. London-headquartered Rolls-Royce expects about 80% of the planned expanded head count for this year will be for maintenance, repair and operations (MRO) ventures, Bicky ...

  Bloomberg US store shelves got a little emptier in the last three months of 2021, according to data provider NielsenIQ, which is unveiling a barometer of out-of-stock goods amid ongoing supply constraints. On-shelf availability slipped to 93.5% during the 13 weeks ending December 25 at supermarkets, mass retailers, drug stores and dollar stores, NielsenIQ said. That was a percentage ...

  Bloomberg Airbus SE and the government of Quebec agreed on a $1.2 billion investment that allows the Canadian province to remain an owner of the A220 jet program for four additional years. The French plane maker committed to investing $900 million in the loss-making program while Quebec will put up $300 million, according to a statement. Under the deal, ...

  Bloomberg US President Joe Biden said the controversial Nord Stream 2 natural gas pipeline between Russia and Germany would be stopped if President Vladimir Putin orders an invasion of Ukraine. “We will bring an end to it,” Biden said at a joint news conference at the White House with German Chancellor Olaf Scholz in a short answer to a ...

  Bloomberg The UK government ruled out the prospect of an early election in Northern Ireland, saying it will be held on May 5 as planned. “It’s right” to allow lawmakers “time and space to pass legislation,” Northern Ireland Secretary Brandon Lewis told reporters in London. “I’ll be working to support the parties to do that and then we can ...

  Bloomberg Prime Minister Narendra Modi’s comment that opposition parties were responsible for a migrant worker exodus from India’s cities during a stringent Covid-19 lockdown in 2020 has led to a Twitter spat between two state chief ministers ahead of a slew of local elections. Yogi Adityanath, the chief minister of the most populous state of Uttar Pradesh, blamed the ...

  Bloomberg A Hong Kong court upheld the conviction of an American lawyer handed a jail term over a scuffle with a plainclothes cop, in a case that fueled international debate over police tactics in the city. High Court Judge Esther Toh said she found “no merit at all in any of the grounds of appeal against conviction,” in a ...

  Bloomberg A convoy of cars and campervans blocked streets around New Zealand’s parliament in Wellington on Tuesday to protest Covid-19 restrictions, attempting to mimic the truckers who have gridlocked the Canadian city of Ottawa. About 2,000 protesters descended on downtown Wellington from around the country, parking their vehicles in streets around parliament buildings, disrupting traffic and holding speeches on ...

  Bloomberg BNP Paribas SA’s joined European peers in pledging higher profitability and bigger shareholder returns, while struggling to contain a surge in costs that’s plaguing the industry. The Paris-based bank on Tuesday set a target for a return on tangible equity — a key measure of profitability — of more than 11% in four years’ time and vowed to ...

  Bloomberg Credit Suisse Group AG will refer its private banking clients to Barclays Plc in nine African markets as the Swiss lender exits most of the sub-Saharan region. “Credit Suisse has signed a private banking client referral agreement with Barclays as part of the plan to exit nine non-core wealth management markets primarily in Sub-Saharan Africa, excluding South Africa,” ...