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Viva Aerobus sells $51m in green bonds

  Bloomberg Grupo Viva Aerobus SA, one of Mexico’s largest airlines, sold $51 million in its first sustainability-linked bond issuance, the company announced. Viva’s sustainability goal is to reduce jet fuel carbon emissions intensity per revenue passenger-kilometer by 35% in 2029 compared to a 2015 baseline. The company said it has a fleet with one of the lowest carbon dioxide ...

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TSMC founder: Congratulating Xi on party congress was ‘personal’

Bloomberg Taiwan Semiconductor Manufacturing Co. founder Morris Chang said the congratulations he offered Chinese President Xi Jinping about the congress that his ruling Communist Party recently held were his own “personal” view. “Taiwan’s Presidential Office told me beforehand that if there was an opportunity, there was no need to avoid meeting or greeting him,” Chang said Monday at a press ...

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Tourism rebound aiding Thai economic recovery

  Bloomberg A revival in tourism helped Thailand expand at the fastest pace in more than a year last quarter, even as finer details of the economic data support the case for the central bank to go slow on monetary policy tightening. Gross domestic product rose 4.5% in July-September from a year ago, the National Economic and Social Development Council ...

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