Air France-KLM says narrow-body talks intensify, order may split

Bloomberg Air France-KLM is deep in negotiations with Airbus SE, Boeing Co and engine-makers vying for a massive narrow-body order and plans to make a decision on suppliers within months, Chief Executive Officer Ben Smith said. The deal will include at least 80 firm orders and 60 to 80 options, Smith said at an event in Paris. The purchase could ...

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JetBlue says staff must get Covid shots

Bloomberg JetBlue Airways Corp told workers that two provisions in a recent federal mandate mean they must get fully vaccinated against Covid-19, possibly as soon as December 8. Airline cites provision requiring vaccinations at companies with more than 100 employees and those that do business with the federal government; “We will be treated as a federal contractor,” memo said. JetBlue ...

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Walmart eyes sustainable debt sequel after record green deal

Bloomberg Walmart Inc is looking to sell more sustainable debt amid pressure for the retail industry to reduce its carbon emissions. The world’s biggest retailer made its debut in the green bond market in September with a $2 billion offering, the largest ever from a US corporation. The transaction was part of $7 billion bond sale spread across five parts ...

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US to China: Halt ‘provocative’ military moves on Taiwan

Bloomberg The US called on China to halt its “provocative” pressure on Taiwan after a record number of daily incursions by Chinese warplanes, saying the military actions are destabilising and risk leading to “miscalculations.” “The US commitment to Taiwan is rock solid and contributes to the maintenance of peace and stability across the Taiwan Strait and within the region,” State ...

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North Korea condemns UN Security Council’s meeting on missile tests

Bloomberg North Korea denounced a closed-door UN Security Council meeting that found recent missile tests by the secretive nation were a violation of the UN resolution, saying it’s an encroachment on the country’s sovereignty. The missile tests were “conducted thoroughly in the territorial land, air and seas” of North Korea an in open seas and “never posed threats or harm” ...

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Czech PM’s party holds poll lead before elections

Bloomberg Czech Prime Minister Andrej Babis’s ANO party looked the favourite to garner the most votes in next week’s general elections, retaining its lead in a new opinion poll. No single party or coalition is likely to win an outright majority in the October 8-9 ballot, according to the survey of 1,247 people carried out on September 24-30 by pollster ...

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S’pore minister pledges clear messaging on virus

Bloomberg The Singapore government can do a better job communicating the country’s virus strategy, a minister said, addressing residents’ frustrations over confusing signals on its reopening plan. The country of about 5.5 million people has shifted its approach from Covid elimination to trying to live with the virus, yet authorities have tightened restrictions on gatherings, restaurants and businesses even after ...

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Algeria shuts airspace to French army planes over feud

Bloomberg Algeria closed its airspace to French military planes, escalating a row between the North African nation and its former colonial ruler over comments attributed to President Emmanuel Macron. Two planned logistical support flights heading to Africa’s Sahel region were denied permission to cross Algeria on Sunday and have been postponed, according to French army spokesman Colonel Pascal Ianni. The ...

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Czechs vow to hike rates further after boldest move in 24 years

Bloomberg The Czech central bank pledged to keep raising borrowing costs after lifting interest rates by the most in nearly a quarter century, pushing the koruna higher and angering the government with the European Union’s most aggressive anti-inflationary campaign. Policy makers increased the benchmark rate by 75 basis points to 1.5%, exceeding expectations for a half-point increase. The move followed ...

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Citi sees India raising reverse repo rate at next week’s review

Bloomberg Citigroup Inc predicts India’s central bank will raise its reverse repo rate next week rather than the December increase expected earlier, becoming one of the first big banks to forecast the rollback of emergency measures as growth recovers and inflation expectations stay high. Governor Shaktikanta Das will probably announce on October 8 a 15 basis point increase in the ...

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