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Bloomberg Airbus SE upped the ante in its bid to win a helicopter order from Britain’s Royal Air Force, promising to build all military versions of the H175M model it’s pitching at a new plant in the UK. The assembly line will be installed next to Airbus’s jetliner wing factory in Broughton, Wales, if it’s selected to replace a fleet ...

Bloomberg Southwest Airlines Co Chief Operating Officer (COO) Mike Van de Ven was named president, effective immediately, replacing Tom Nealon, who chose to retire. Nealon’s departure comes less than three months after Southwest selected Executive Vice President Bob Jordan to replace Gary Kelly as chief executive officer, starting from February 1. Nealon, 60, will remain a strategic adviser at the ...

Bloomberg KLM has opted to accommodate crew members who aren’t vaccinated against Covid-19, rather than issuing mandates as more global destinations require shots. The Dutch arm of Air France-KLM will ask pilots and flight attendants to register their vaccine status, but not require inoculation, it said. Schedules will be adjusted to avoid sending those who aren’t vaccinated to destinations where ...

Bloomberg US President Joe Biden suggested the possibility of an in-person meeting with Xi Jinping during a phone call last week, but the Chinese president declined to commit to one as he continues to avoid leaving his country even for major gatherings amid the Covid-19 pandemic. Biden suggested the two leaders meet at some point in the next few months, ...

Bloomberg UK Prime Minister Boris Johnson was expected to make big changes to his cabinet as his Conservative government suffered a drop in support after announcing tax hikes in the wake of the coronavirus pandemic. The overhaul to Johnson’s top team comes ahead of a potentially tricky few months, as he continues to grapple with high levels of Covid-19 cases ...

Bloomberg North Korea fired off two ballistic missiles — its second major test in less than a week of weapons designed to bolster its capability to conduct nuclear strikes against Japan and South Korea. South Korea’s Joint Chiefs of Staff said two ballistic missiles were fired from central North Korea into waters off the eastern coast of the peninsula on ...

Bloomberg President Vladimir Putin has sidelined the last of his independent political opponents, jailing some and driving others into exile, as his ruling party seeks to extend its control in parliamentary elections despite simmering discontent. While Putin personally retains broad support, according to polls, his United Russia ruling party recorded some of the lowest ratings in nearly a decade earlier ...

Bloomberg Credit Suisse Group AG has become the latest lender to bet on Europe’s booming rental housing sector. The Swiss bank’s asset management arm is teaming up with real estate investor Mark to acquire and manage residential properties in city centers, according to a statement. The Doma venture seeks to raise an initial 350 million euros ($414 million). The partnership ...

Bloomberg Wells Fargo & Co delayed its return-to-office plans by another two weeks to early November. The firm, which has the biggest workforce of any US bank, will now begin bringing back employees who have been working remotely starting November 1, according to an internal memo from Chief Operating Officer Scott Powell. The bank had previously planned on beginning the ...

Bloomberg Deutsche Bank AG is reaching out to external candidates in its search for a successor to Chairman Paul Achleitner, after indications from several top internal candidates that they may not pursue the position. The nomination committee has been contacting people on a list compiled with help from headhunter Egon Zehnder International, people familiar with the matter said. The list ...