Air France-KLM Orders Airbus A350s to Replace Jumbo Freighters
Air France-KLM will order an additional seven Airbus SE A350 jets, including some freighters, as the carrier renews its widebody fleet and retires Boeing Co. 747 freighters.
Bloomberg Business
Want a Pay Raise? Work Five Days a Week in the Office
British companies are starting to pay a “five days in the office” premium to lure in staff who have retained bargaining power because workers are in such short supply, the nation’s biggest recruitment agency said.
Crypto Billionaire Wu Cuts Jobs at One Firm, Loses CEO at Other
Billionaire Jihan Wu is reshuffling the leadership of his asset manager while shedding 10% of staff at his digital-currency lending firm, the latest signs of turmoil in the crypto industry.
Britishvolt’s Founder Says UK Battery Sector is ‘Doomed’ Unless Government Steps Up
The UK’s battery manufacturing industry is doomed unless the government ramps up support for the sector, according to the founder of failed battery startup Britshvolt Ltd.
Ionos Owners See IPO Proceeds Raising Up to €543 Million
United Internet AG and Warburg Pincus said the initial public offering of Ionos Group will raise gross proceeds of as much as €543 million ($590 million) when the web hosting business lists in Frankfurt.
Hong Kong Dollar Pessimists Stage a Comeback
Bearish bets on the Hong Kong dollar are gaining traction as a slump in local borrowing costs dulls the appeal of the currency versus the greenback.
Apple’s iPhone Dominated China Last Quarter Despite Disruptions
Apple Inc. won its biggest quarterly market share in China, outrunning Covid disruptions and a global economic slowdown.
Thai Ruling Party Picks Prawit as Prime Minister Candidate
The main party in Thailand’s ruling coalition named Deputy Prime Minister Prawit Wongsuwan as its sole premier candidate in general elections slated for May.
Palestinians Cut Security Ties With Israel After Deadly Raid
The Palestinian Authority said it’s ending security ties with Israel after eight militants and one civilian were killed in a West Bank gunfight, in an escalation in violence that was later followed by a rocket attack from the Gaza Strip.
International Court Reopens Probe on Duterte’s Drug War
The International Criminal Court is set to resume its investigation on the deadly drug war in the Philippines during Rodrigo Duterte’s presidency, potentially creating a dilemma for incumbent Ferdinand Marcos Jr.
