Bloomberg Just 20 minutes north-west of Singapore’s Changi Airport — regularly voted the world’s best — is Seletar Airport, the city-state’s second, and far well less known, airfield. It’s predominantly where the super-rich land in their private jets. It’s also where the future of aviation could be taking off. The neighbourhood, more known for its laid-back cafes in restored ...

  Bloomberg Fomento Economico Mexicano agreed to buy Switzerland-based convenience store operator Valora for as much as $1.2 billion to expand into Europe. Femsa, as the company is known, offered 260 francs a share, a premium of 52% to the closing price, the companies said. Valora climbed as much as 51% to 258 francs in early Swiss trading. Based in ...

Bloomberg Scandinavian airline SAS AB filed for Chapter 11 to tackle its debt burden for a second time in two years as the recovery from the disruption caused by the coronavirus pandemic has been slower than expected. Scandinavia’s largest airline has been in talks with its creditors to convert 20 billion Swedish kronor ($1.9 billion) of outstanding debt and hybrid ...