Indonesian President Joko Widodo has long put domestic concerns ahead of diplomacy. He’s now about to host one of the most significant geopolitical gatherings in years. He told Bloomberg News that Russia’s Vladimir Putin and China’s Xi Jinping plan to attend the Group of 20 summit. For the image-conscious Jokowi, as he is known, that counts as a win ...

  Bloomberg Cathay Pacific Airways Ltd is dangling allowances of up to HK$5,000 ($640) a flight as a sweetener for pilots rostered on to fly in and out of mainland China, with ongoing Covid-19 curbs making it less appealing to work those routes. The Hong Kong-based airline’s dedicated Chinese mainland operations have “been particularly onerous,” the company acknowledged in a ...

  Bloomberg The federal judge overseeing SAS AB’s Chapter 11 process approved a $7 million breakup fee to Apollo Global Management Inc if its planned bankruptcy financing package for the Scandinavian airline falls through. Apollo said it would provide roughly $700 million to help SAS continue to operate during bankruptcy on the condition that the court signed off on the ...