Bloomberg Party City Holdco Inc, the retailer that has been trying to reduce its $2 billion debt load as social distancing scraps celebrations, will try to convince creditors to sign a deal that would trim its borrowings and inject fresh cash into the company. The company reached an agreement with holders of more than 52% of its bonds that would …

Bloomberg Top Airbus executives are planning to assess additional measures that may be necessary to address the impact of the coronavirus pandemic, according to people familiar with the matter. Among the topics to be discussed at a meeting are production rates for the plane-maker’s top-selling A320-series narrow-body jet, said the people, who asked not to be named discussing confidential deliberations. …

Bloomberg More than 200 UK travel and hospitality executives, including the head of London’s iconic Ritz hotel, joined a chorus of airlines and airports calling for the government to introduce air bridges to boost tourism and scrap contentious plans to quarantine visitors. The group of 217 — spanning hotel chains and travel agents to chefs — also want the foreign …

Bloomberg US stock futures turned lower while European shares held onto modest gains after Chinese officials told agriculture companies to pause imports of some farm goods. Treasuries erased their earlier declines. State-owned traders Cofco and Sinograin were ordered to suspend purchases, according to a person familiar with the matter. The move raises the risk of heightening tensions between the two …

Bloomberg Hong Kong stocks rose, with the benchmark index capping its best day in more than two months, on speculation the US administration won’t take extreme steps in response to China’s crackdown on the city. The Hang Seng Index closed 3.4% higher, led by real estate firms, after falling almost 7% last month. Shares on the mainland also climbed, with …

Bloomberg Four Singaporean blue-chip stocks lost a combined market capitalisation of $613 million amid record volumes after MSCI Inc. deleted them from its benchmark for the city-state’s largest stocks. Two of the four shares excluded from the MSCI Singapore Index — Singapore Press Holdings Ltd. and Sembcorp Industries Ltd. — became over-sold on a technical indicator, while ComfortDelGro Corp. and …

Bloomberg Opec+ members are close to a decision to bring forward their next meeting by a few days, according to people familiar with the situation. If confirmed, the move would give the cartel and its allies more room for maneuver to change the current production limits. The existing deal — struck in April as demand collapsed amid the pandemic — …

Bloomberg Thailand’s parliament approved a 1.9 trillion baht ($60 billion) stimulus package to counter a recession but divisions emerged in the ruling coalition over how to monitor the program. Lawmakers on Sunday voted in favour of bills authorising 1 trillion baht of borrowing for government spending and 900 billion baht of steps by the Bank of Thailand. Two key parties …

Bloomberg Uniper SE’s controversial new German coal plant is opening at a time when the fuel has never been more unpopular. Datteln-4 has drawn international condemnation from teenage activist Greta Thunberg to Greenpeace at a time when many countries are trying to slash their emissions. The environmentalists aren’t buying the argument that the new plant is more climate friendly than …

Bloomberg Venezuela’s President Nicolas Maduro said fuel prices would increase starting in June, a historic policy shift after decades of subsidies that have allowed Venezuelans to essentially fill their tanks for free. Gasoline will be sold at 5,000 bolivars (2.5 US cents) per litre at gas stations nationwide starting from Monday, including 200 stations that will sell premium fuel at …