Bloomberg Brookfield Asset Management is in talks for a deal to acquire a stake in Australian energy metering business Intellihub Group, according to people familiar with the matter. The private equity firm is the likely winner of an auction to buy an interest in the residential energy metering firm from its existing Australian backers Pacific Equity Partners, the people …

  Bloomberg Virgin Atlantic Airways Ltd owners Richard Branson and Delta Air Lines Inc agreed to provide a 400 million-pound ($530 million) capital injection into the UK carrier to see it through the latest slump in global travel. Branson’s Virgin Group will cough up 204 million pounds of the funding and Atlanta-based Delta the rest, allowing them to maintain their …

  Bloomberg New York Governor Kathy Hochul announced a $9.5 billion revamp of Terminal 1 at John F Kennedy International Airport, restarting the transformation of one of the busiest airports in the US as it works through pandemic delays. The funding infusion will create a new Terminal 1 on the current site of terminals 1, 2, and 3 at the …