Bloomberg Vietnam’s Bamboo Airways expects a market capitalisation of about $2.7 billion at its planned listing no later than the third quarter as it anticipates a June or July easing of the government’s pandemic halt of international flights. The carrier, which began operations in 2019, plans to list 105 million shares on either the Ho Chi Minh City Stock Exchange ...

Bloomberg Zomato Pvt, an Indian food delivery startup backed by Jack Ma’s Ant Group, is planning to file the draft prospectus by April for its initial public offering that could raise about $650 million, according to people familiar with the matter. The company could complete the listing in Mumbai before the end of September, the people said, asking not to ...

Bloomberg Three years ago, Walmart Inc. offered hundreds of thousands of its US workers a new perk to keep them from quitting. Employees loved it. Rivals copied it. Now Walmart has reached a conclusion: It hasn’t quite worked as expected. The perk is an app that gave employees the ability to tap their wages before payday, along with a bevy ...

Bloomberg An Indonesia cargo plane that returned to base shortly after takeoff because of a technical issue skidded off the runway when it landed at a Jakarta airport, the air-navigation operator said. Trigana Air’s Boeing 737-400 returned to Halim Perdanakusumah Airport about two minutes after takeoff, AirNav spokesman Yohanes Harry Douglas Sirait said. Several flights were diverted from the facility ...

Bloomberg Avianca Holdings SA plans to add dozens of routes using smaller aircraft as it plots its emergence from bankruptcy later this year, the airline’s chief executive said. Colombia’s largest carrier is expanding with 50 direct routes between secondary cities in coming years, said CEO Anko van der Werff in an interview. Using narrow-body planes, it will target tourist spots ...

Bloomberg President Joe Biden faces growing pressure from his party’s left to wage an all-out defense of voting rights, as Republican-held statehouses pursue restrictions that would fall heaviest on Black voters who helped Democrats win the White House and both chambers of Congress. Some activists say Biden should reshuffle his priorities and set aside work on a multi-trillion-dollar infrastructure and ...

Bloomberg The Philippines expressed “concern” after spotting what it said were Chinese fishing vessels at a reef claimed by it and China, with Foreign Affairs Secretary Teodoro Locsin saying a diplomatic protest was made over the presence of the boats. About 220 Chinese vessels were seen moored in line at Whitsun Reef in the South China Sea on March 7, ...

Bloomberg UK Home Secretary Priti Patel said Britain’s immigration system is broken, failing people fleeing persecution and danger while benefiting those who pay criminal gangs to get them into the country. Patel, writing in the Sun newspaper, said she will announce a new plan for immigration this week to make “much-needed changes.” The overhaul is designed to raise the standard ...

Bloomberg US Secretary of Defense Lloyd Austin paid an unannounced visit to Afghanistan on Sunday, the Associated Press said, citing local media reports. The stop comes as President Joe Biden is under pressure to decide whether to abide by an Afghanistan peace deal reached in Donald Trump’s final year aimed at bringing home the roughly 2,500 troops remaining in the ...

Bloomberg Malaysia said it expelled all North Korean diplomats in Kuala Lumpur following Pyongyang’s decision to end ties with it. Foreign Minister Hishammuddin Hussein said Malaysia resorted to the action in response to North Korea’s “unilateral and utterly irresponsible decision to sever diplomatic ties,” according to a statement. Pyongyang said it was ending relations after a Malaysian court ruled that ...