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United explores minority stake sale of MileagePlus

  Bloomberg United Airlines Holdings Inc. is exploring a potential sale of a minority stake in its frequent-flier program MileagePlus, according to people familiar with the matter. United is working with financial advisers who have begun contacting potential investors including private equity firms, the people said, asking not to be identified because the matter is private. Any minority stake in ...

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Lockheed, Airbus take on Boeing with made-in-USA tanker

  Bloomberg Get ready for the tanker wars, part two. Airbus SE is teaming up with Lockheed Martin Corp. to take on Boeing Co.’s troubled aerial tanker with an American-made version of the European company’s A330 jetliner. The wide-body plane was at the heart of a proposal that first beat, then on appeal lost out to, Boeing’s KC-46 tanker in ...

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Russia blasts troop moves as Macron engages Putin

  Bloomberg Russia said it was destructive for President Joe Biden to move additional troops to Europe and station more along Nato’s eastern flank, as French President Emmanuel Macron prepares for his third call in a week with Russian President Vladimir Putin to discuss Ukraine. Putin is expected to speak to reporters Thursday after meeting with Argentinian President Alberto Fernandez, ...

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Putin lauds Russia’s ‘stabilizing role’ ahead of meeting with Xi

  Bloomberg President Vladimir Putin said Russia and China play an “important stabilizing role” in international politics ahead of a meeting this week with Xi Jinping in Beijing. Putin, who is heading to the Chinese capital to attend the Winter Olympics, said discussion of “relevant international topics” will be a key part of the visit, seemingly a reference to current ...

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Myanmar junta not invited to next Asean meet

  Bloomberg Myanmar’s military government will not be invited to a meeting of Southeast Asian foreign ministers later this month, VOA Khmer reported Wednesday, citing a Cambodian Foreign Ministry official. The Myanmar junta made little progress in implementing a consensus agreed with the Association of Southeast Asian Nations to stop violence, Cambodia’s Foreign Ministry spokesman Chum Sounry was quoted as ...

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FBI probes bomb threats against black colleges as hate crimes

  Bloomberg The FBI is investigating a series of bomb threats against several historically black colleges and other institutions across the country this week as hate crimes. “This investigation is of the highest priority for the bureau and involves more than 20 FBI field offices across the country,” the FBI said in a statement. “These threats are being investigated as ...

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New Zealand opens borders to finally bring home Kiwis

  Bloomberg New Zealand will finally begin reopening to the world at the end of this month as frustration mounts over a border that’s been closed for almost two years to keep out Covid-19. The border will reopen to vaccinated New Zealanders from Australia at midnight on February 27 and from the rest of the world at midnight on March ...

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Northern Ireland first minister resigns

  Bloomberg Northern Ireland First Minister Paul Givan quit on Thursday, triggering a political crisis as the UK and the European Union struggle to resolve the region’s post-Brexit trading arrangements. “Today marks the end of what has been the privilege of my lifetime — to serve as the first minister of Northern Ireland,” Givan told reporters in Belfast. Givan’s departure ...

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Danske slides as cost cuts fall short, dividend raises doubts

  Bloomberg Danske Bank falls the most in three months in Copenhagen trading after cost-cutting measures by Denmark’s biggest bank failed to yield the results expected by the market. The shares slid almost 6% before regaining some ground to trade down 3.3% in the Danish capital. The bank’s guidance on costs for this year was worse than expected, Jyske Bank ...

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BofA extends bank issuance frenzy with $9 billion bond sale

  Bloomberg Bank of America Corp (BofA) sold $9 billion of bonds, joining Wall Street peers in a flood of new deals at the start of 2022 to beat an expected rise in interest rates. The lender sold bonds in five parts, according to a person familiar with the matter. The longest portion, an 11-year fixed-to-floating-rate security, yields 117 basis ...

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