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Thai firm is world’s most valuable airport operator

Bloomberg After strong international tourist arrivals in 2017, Airports of Thailand Pcl surpassed Spain’s Aena SA as the world’s most-valuable airport services company. Powered by a 75 percent gain since May 1, the operator of Thailand’s main international airports also passed the 1 trillion baht ($31 billion) market capitalisation mark, joining only state-controlled energy company PTT Pcl above that milestone. ...

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Beautycounter raises $65mn

Bloomberg Counter Brands LLC, parent company of skin-care and cosmetics seller Beautycounter, raised about $65 million in new funding as it seeks to expand, according to a person familiar with the matter. The financing round was led by Mousse Partners and included earlier investor TPG Growth, said the person, who asked not to be identified because the details are private. ...

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Days after Trump aviation safety tweet, FAA chief to depart

Bloomberg The US agency overseeing aviation safety loses its chief at midnight with no replacement in sight—days after President Donald Trump took credit in a tweet for the airlines’ safest year on record. Federal Aviation Administration head Michael Huerta, who rose unexpectedly to lead the agency in 2011 after the sudden departure of his predecessor, will step down at the ...

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