Bloomberg Indonesia’s flag carrier PT Garuda Indonesia confirmed it is taking steps to restructure its debt and revamp its business in order to stay afloat amid the pandemic. The airline is negotiating terms with plane lessors and is talking with banks and business partners to restructure its loans, according to a stock exchange filing submitted. The coronavirus outbreak has forced ...

Bloomberg The Biden administration announced it would re-impose sanctions against nine Belarusian state-owned enterprises and is developing additional penalties to target officials in the administration of President Alexander Lukashenko over the forced landing of a Ryanair Holdings Plc jetliner and the arrest of a dissident journalist. The administration has also issued a “Do Not Travel” warning to American citizens urging ...

Bloomberg A Hong Kong appeal board endorsed a decision by the city’s police to ban a candlelight vigil for victims of the 1989 Tiananmen Square crackdown. In a hearing, the Appeal Board on Public Meetings and Processions upheld the police decision to prohibit a public meeting and procession on May 30, and the assembly on June 4, according to a ...