The world needs to head off the worst in Ethiopia

Less than a year ago, while accepting the Nobel Prize for his role in bringing peace to the Horn of Africa, Ethiopian Prime Minister Abiy Ahmed offered a reminder to his audience: “War makes for bitter men. Heartless and savage men.” He should need no further reason to call off the war he has started in his own country. The ...

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Covid passports key to resuming global travel

Bloomberg Global airline lobby IATA is working on a mobile app that will help travellers demonstrate their coronavirus-free status, joining a push to introduce so-called Covid passports to speed up the revival of international travel. The Travel Pass will display test results together with proof of inoculation, as well as listing national entry rules and details on the nearest labs, ...

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JD’s logistics unit considering IPO at $40 billion valuation

Bloomberg JD.com Inc’s logistics unit is considering an initial public offering (IPO) that could raise at least $5 billion, according to a person familiar with the matter. JD Logistics is targeting a valuation of about $40 billion, the person said, asking not to be identified as the information is not public. The company is leaning towards choosing Hong Kong as ...

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Amazon workers to form union in Alabama

Bloomberg Amazon.com Inc warehouse workers in Alabama filed a petition with the US National Labor Relations Board to form a union, the latest sign of strife between the online retailer and its large blue-collar workforce. The federal agency posted a notice for a hearing to determine if the petition meets the criteria to advance to the next step. With enough ...

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Macy’s to carry more Black-owned brands

Bloomberg Macy’s Inc plans to devote more of its shelf space to Black-owned brands, becoming one of the most prominent names to join the nascent 15 Percent Pledge movement for racial equity in the retail world. The department-store chain follows retailers such as West Elm and Sephora signing onto the 15 Percent Pledge, a grassroots effort to increase representation of ...

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Malaysia Airlines seeks financial aid

Bloomberg Malaysia Airlines’ parent company has sought financial aid from its sole shareholder, the nation’s sovereign wealth fund, as debt restructuring talks with creditors drag on, Reuters reports, citing an email from the company. “Malaysia Aviation Group has requested financial support from our shareholder Khazanah Nasional although the company isn’t in a position to comment on amount at this point ...

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Biden offers Trump rebuke with his spy chief, DHS picks

Bloomberg President-elect Joe Biden is delivering a not-so-subtle rebuke to President Donald Trump with his choices of nominees to lead two key national-security agencies. For his director of national intelligence, Biden has selected Avril Haines, a former top CIA official with years of experience in the espionage community who would fill a job that Trump had largely reserved for people ...

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Tigray youth group behind massacre of 600 people: Ethiopia

Bloomberg An informal militia made up of Tigrayan youths killed at least 600 Ethiopian civilians identified as belonging to other ethnic groups on November 9, according to a state-run human rights body. The massacre occurred less than a week after a conflict started between federal forces and Tigrayan soldiers in the northern Ethiopian region. The youths, known as Samri, and ...

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Storm Nivar may cause extensive damage in India

Bloomberg Storm Nivar over the Bay of Bengal is likely to turn into a “very severe cyclone” by Wednesday and may cause widespread damage to crops, mud houses and electricity poles in some southern Indian states. The storm will have a sustained wind speed of 120 to 130 kilometres (75-81 miles) per hour, according to the India Meteorological Department (IMD). ...

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‘Missing’ leader sparks deja vu in Algeria

Bloomberg Algeria’s 75-year-old leader flew to Germany last month for treatment after catching Covid-19. He hasn’t been seen in public since and barely a word on his condition reaches home. The prolonged absence of President Abdelmadjid Tebboune is now the hot topic of political debate, supplanting a vote on constitutional reform and the rumblings of war near the country’s western ...

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