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Thai Air seeks new loans to fund operations

Bloomberg Thai Airways International Pcl is seeking new loans to help fund operations after the court approved its plan to restructure at least $5.5 billion of debt. The carrier has been in talks with some banks for loans of as much as 25 billion baht as part of the debt-rehabilitation program, Chief Financial Officer Chai Eamsiri said. The Central Bankruptcy ...

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Putin’s Covid-19 boasts sour amid explosive rise in new infections

Bloomberg President Vladimir Putin told business leaders at his flagship economic forum this month that Russia is coping better than many other countries with Covid-19. Events increasingly are contradicting him. Moscow reported a record-high 9,056 new Covid-19 cases, days after Mayor Sergei Sobyanin ordered mandatory vaccination for at least 2 million employees as surging infections threaten to overwhelm the capital’s ...

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Antitrust bills have some Dems asking Pelosi to slow down

Bloomberg A group of centrist Democrats have asked House leaders to slow down consideration of a half-dozen antitrust proposals virulently opposed by the big tech companies the bills target. Eight members of the New Democrat Coalition wrote to House Speaker Nancy Pelosi and her top deputy, as well as House Judiciary Committee Chairman Jerry Nadler, asking the Judiciary Committee to ...

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