Hungary makes Budapest Airport bid as PM Orban seeks control

Bloomberg The Hungarian government has made a non-binding offer to buy Budapest Airport Zrt, according to people familiar with the matter, as PM Viktor Orban seeks to gain control of what had been one of the fastest growing hubs in the region before the coronavirus pandemic. The offer, which was received by the owners of the airport this week, was ...

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Warby Parker bets future on adding hundreds of stores

Bloomberg As Warby Parker heads towards becoming a public company, the co-founders of the eyewear brand valued at $3 billion are pitching a growth strategy centered on stores. It’s quite a turn for a company that last decade ignited a boom in digital brands that convinced investors to bet billions largely on their ability to grow quickly online. But in ...

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Private jets set to escape higher EU energy taxes

Bloomberg Airlines will soon be charged more for polluting in Europe, but private jets and Amazon.com packages are set to escape the tougher rules. That’s part of a plan by the European Union set to be unveiled next week. While commercial flights are set to be subject to a new tax system that discourages the use fossil fuels, private jets ...

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CD&R pushes for $8.7b Morrison race

Bloomberg Clayton Dubilier & Rice (CD&R) is pushing ahead with its pursuit of British grocery chain Wm Morrison Supermarkets Plc, as it seeks to beat an agreed 6.3 billion-pound ($8.7 billion) bid from Fortress Investment Group, people with knowledge of the matter said. Morrison has granted CD&R access to confidential information as it works on an improved offer, the people ...

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Pro-Zuma protests spread to S Africa’s economic hub

Bloomberg Violent protests in South Africa linked to the arrest of former President Jacob Zuma have spread to the nation’s economic hub in Johannesburg with another major road shuttered. That follows the closure of a key trade route in the country’s KwaZulu-Natal Province after trucks were torched before the weekend. Parts of the N3 Toll Route, which links the port ...

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US has no plans to send troops to Haiti: Official

Bloomberg President Joe Biden’s administration doesn’t currently plan to send military assistance to Haiti despite a request by the government for US troops following the assassination of President Jovenel Moise, a senior administration official said. Moise’s assassination has further destabilised the already fragile political structure in Haiti, where gang violence, natural disasters and the coronavirus have all taken their toll ...

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Pop star vies to upend Bulgarian politics in do-over election

Bloomberg A late-night talk-show host and performer of the Balkan analog of gangster rap is itching to end the run of one of Europe’s longest-serving leaders in a Bulgarian election do-over. Stanislav Trifonov, a pop-folk singer known as “Slavi,” has been railing against inequality and corruption even before Bulgaria joined the European Union in 2007. He’s tapping into discontent among ...

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Merkel bloc widens lead in German election poll

Bloomberg Chancellor Angela Merkel’s conservative bloc widened its lead in a weekly poll ahead of Germany’s election as support for the Green party fell for a third consecutive week. With Merkel’s Christian Democratic-led bloc steady at 28% in the Insa poll, the opposition Greens declined 1 percentage point to 17%, leaving them level with the Social Democrats, Merkel’s junior coalition ...

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French minister rules out new lockdown as Delta spreads

Bloomberg France must “live with the virus” rather than count on a new lockdown to contain the spread of a new variant of Covid-19, a key ally of President Emmanuel Macron said ahead of a presidential address. The country could reintroduce limits on the number of people allowed in restaurants and other venues, and extend the use of the so-called ...

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People in UK ‘expected’ to wear masks indoor after coronavirus curbs lifted

Bloomberg The UK government is set to issue guidance that people are “expected to” continue wearing masks in indoor, enclosed spaces after coronavirus restrictions are lifted in England on July 19. Although face coverings will no longer be mandatory in any setting, there will be an expectation for people “to wear masks indoors, in crowded places, on public transport,” Vaccines ...

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