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Will the US Supreme Court bail out Trump?

Will the Supreme Court save the Republican Party from Donald Trump? Congress is finally starting to pick up the pace of its investigations into the events of January 6, and more broadly into the efforts by then-president Trump to subvert the 2020 election. A Senate committee has reported in detail on Trump’s efforts to improperly influence the Justice Department, and ...

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Tata wins control of Air India again with $2.4 billion offer

Lead air india copy

Bloomberg Tata Sons Pvt was selected as the winning bidder for India’s flag carrier, ending decades of attempts to privatise a money-losing and debt-laden airline, and potentially ending years of taxpayer-bailouts that’s kept the company alive. Tata Sons, which originally launched Air India Ltd with a namesake branding in 1932, bid 180 billion rupees ($2.4 billion) as an enterprise value ...

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Aeromexico sees Chapter 11 exit with $1.7b proposal

Medical equipments arrive from china to mexico

Bloomberg Grupo Aeromexico SAB sees emerging from Chapter 11 by the end of this year with an exit plan worth about $1.7 billion. The airline, which filed for bankruptcy protection in June 2020 as the Covid-19 pandemic brought travel to a halt, filed a motion to extend the period to issue a complete plan to December 9. The step was ...

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