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Air France-KLM talking with Apollo on $528m injection

  Bloomberg Air France-KLM is in talks with Apollo Global Management Inc about a 500 million-euro ($528 million) capital injection that would allow the carrier to repay a chunk of the state aid that helped it survive the Covid crisis. The funding would see the US private-equity firm provide capital to an Air France affiliate that owns a pool of ...

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New York City’s Century 21 makes comeback

  Bloomberg A retailer that has come to represent the resilience of New York City is making a comeback. Century 21 will be returning to its flagship location in downtown Manhattan in spring 2023 and is teaming up with retail operator Legends to again showcase a selection of off-price luxury goods. The store will occupy four floors of 22 Cortlandt ...

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Biden says US military would ‘intervene’ to defend Taiwan

  Bloomberg President Joe Biden said the US military would intervene to defend Taiwan in any attack from China, comments that appeared to break from the longstanding US policy of “strategic ambiguity” before they were walked back by White House officials. Asked during a press briefing on Monday in Tokyo whether the US would be willing to get involved militarily ...

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