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  Bloomberg New York Governor Kathy Hochul announced a $9.5 billion revamp of Terminal 1 at John F Kennedy International Airport, restarting the transformation of one of the busiest airports in the US as it works through pandemic delays. The funding infusion will create a new Terminal 1 on the current site of terminals 1, 2, and 3 at the ...

  Bloomberg Whistle-blowers at Boeing Co and others involved with the aviation industry are raising renewed concerns about safety in the wake of the 737 Max crash investigations, according to a report. Senator Maria Cantwell, the Washington Democrat who is chairwoman of the Senate Commerce, Science and Transportation Committee, called on US aviation regulators to act on the latest concerns ...

  Bloomberg Ocado Group Plc shares surged after the UK company won the first round in a patent-infringement case filed by rival AutoStore Holdings Ltd that has been hanging over the online grocery technology provider. Ocado shares rose as much as 9%, while Autostore dropped as much as 15%. Three AutoStore patents are invalid, while Ocado doesn’t infringe a fourth, ...

  Bloomberg British Airways said its new Gatwick short-haul operation will begin flying in March, with the UK carrier putting tickets to 35 destinations on sale from Tuesday. Flights operated by the new subsidiary — BA Euroflyer — will continue to be branded British Airways, and will operate to destinations including Ibiza, Faro in Portugal, Malaga and Tenerife in Spain ...

  Bloomberg Secretary of State Antony Blinken criticised China’s “aggressive actions” in Asia while laying out plans to more closely integrate US allies and security partners in Asia. During a key policy speech in Jakarta, Blinken underscored US efforts to deliver high-quality infrastructure and vaccines to the region while working closer on security issues. He said the Biden administration doesn’t ...

  Bloomberg Exiled opposition leader of Belarus Sviatlana Tsikhanouskaya vowed to continue her campaign against authoritarian ruler Alexander Lukashenko after a court in the country jailed her husband for 18 years. “The dictator publicly takes revenge on his strongest opponents,” Tsikhanouskaya said on Twitter, following the conviction of Siarhei Tskihanouski at a closed trial in a Belarus prison. “We won’t ...

  Bloomberg The European Union (EU) agreed to broaden accession talks with Serbia, the largest of the six Balkan countries aspiring to join the bloc, reviving a process that had shown little progress for two years. None of the Balkan aspirants are expected to join the bloc before 2025 at the earliest, as enlargement fatigue and a decade of crises ...

    Bloomberg Europe’s technology sector is set to bring in more than $100 billion of annual investment for the first time this year, capping off a period of deal-making and surging valuations. With nearly three times as much capital projected to be raised this year compared with 2020, the total number of tech companies in Europe valued at more ...

  Bloomberg Canadians are unconvinced that policy makers will be able to rein inflation back to pre-pandemic levels, a worrying development that could reinforce the need for the Bank of Canada to be vigilant about price pressures. A large majority of Canadians, or 63.5%, say they lack confidence that inflation will return to more normal levels, according to a survey ...

  Bloomberg French economic activity will continue to rise in December, despite another wave of the Covid-19 pandemic and fresh uncertainty over the omicron variant, according the Bank of France. Completed at the end of last week, the central bank’s monthly survey of 8,500 firms is the first indicator of how businesses in the euro area’s second-largest economy are faring ...