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Ex-Bamboo Air chairman’s aide detained for probe in Vietnam

  Bloomberg Vietnam police detained the aide to Bamboo Airways former Chairman Trinh Van Quyet as part of a widening probe in alleged stock manipulation at real estate developer FLC Group, which he founded. FLC accountant Trinh Thi Minh Hue, reportedly Quyet’s sister, will be detained for three months, the public security ministry said. Police detained Quyet as part of ...

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Citi to lead $1b DFW airport bond sale in Texas comeback

  Bloomberg Citigroup Inc is underwriting a $1.2 billion bond sale for the Dallas Fort Worth International Airport, the largest deal it has managed since reentering the Texas municipal-bond market after being temporarily sidelined last year over the bank’s firearms policy. The transaction would be a major win for the bank’s public finance business, which has seen its standing in ...

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Wm Morrison warns war, inflation may hurt sales

Bloomberg WM Morrison Supermarkets warned that a deterioration in the geopolitical environment in Europe, rising inflation and waning consumer sentiment could hurt its sales and profit this year. Britain’s fourth largest grocer, recently acquired by US private equity group Clayton Dubilier & Rice LLC, said “increasing inflationary pressure” has affected the wider grocery market and its own performance since February, ...

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