Bloomberg A new budget carrier meant to be the first international customer for China’s homegrown passenger jet is going with Airbus SE for its first plane, the carrier’s website shows. Indonesian low-cost carrier PT TransNusa Aviation Mandiri may eventually have as many as six Airbus jets in its fleet, with a second due to arrive next month, a person …

Bloomberg Thailand will scrap a mandatory Covid test on arrival as the Southeast Asian nation rolls back some of the pandemic-era measures seen as deterring global tourists. The RT-PCR tests will be replaced with a voluntary self-administered antigen tests for those entering via air and land borders from May 1, Taweesilp Visanuyothin, a spokesman for the nation’s main virus task …

  Bloomberg Eswatini, Africa’s last absolute monarchy, is set to launch a flag-carrier airline almost a quarter of a century after the previous one ceased operations in the country formerly known as Swaziland. Eswatini Air will fly from national capital Mbabane to cities such as Johannesburg and Cape Town in neighboring South Africa starting later this year, Qiniso Dhlamini, chief …

  Bloomberg Amazon.com Inc struck deals to boost its access to renewable energy by almost a third as the company looks to get all of its power from green sources within a few years. The retail giant will buy power from 3.5 gigawatts of new projects — mostly solar farms in the US — to supply its offices, warehouses and …

  Bloomberg The Bank of Japan (BOJ) reiterated its ultra-loose monetary policy with four days of unscheduled bond buying as the widening interest rate gap with the US puts upward pressure on bond yields and weakens yen. The move comes as Japan’s benchmark 10-year yield stayed elevated at the 0.25% upper limit of the BOJ’s tolerated trading band despite announcing …

  Bloomberg Credit Suisse Group AG’s chief executive officer (CEO) at its securities venture in China is stepping aside after less than two years on the job, becoming the second top banker at a major foreign lender in the nation to quit this month. Tim Tu informed management that he decided to pursue other opportunities within Credit Suisse, according to …

Bloomberg Barclays Plc has sold a 7.4% stake in former African unit Absa Group Ltd for 526 million pounds ($687 million), cutting its holding by half. The firm priced an accelerated placing of 63 million shares at 164 rand each ($10.88), according to a statement. That was a 7.3% discount to the Johannesburg-listed stock’s Wednesday close. Barclays gathered enough investor …

  Bloomberg BDO Unibank Inc, the Philippines’ largest lender by assets, wants the country’s next president to be tough against the cybercrimes. Financial service providers that are outside the scope of central bank regulations have proliferated, and “for the health of the industry and the public, they should look at how these entities should be managed relative to banks” which …

  Bloomberg Governor Tiff Macklem acknowledged there’s potential for even larger increases to borrowing costs as the Bank of Canada (BOC) aggressively wrestles inflation down from a three decade high. Macklem and his officials delivered the first 50-basis-point increase in interest rates among Group of Seven nations last week and signalled more hikes to come. This week, annual consumer price gains …

Bloomberg Global bonds added to this year’s epic rout as traders brace for the most aggressive Federal Reserve interest-rate hikes in 40 years and the likelihood most global central banks will also tighten. The policy-sensitive two-year yield climbed as much as eight basis points on Friday to 2.76%, the highest since late 2018, after Fed Chair Jerome Powell said overnight …