Bloomberg Creditors of Nordic Aviation Capital AS are one step closer to taking control of the company, one of the world’s largest aircraft lessors. Nordic Aviation and its biggest creditor groups have reached an agreement on the outline terms of the company’s restructuring framework, according to a statement. The deal, in principle, includes the conversion of “a substantial amount of ...

Bloomberg After spending a few minutes talking about triumphs at the Olympics, buzzy sneaker drops and a headquarters tour with LeBron James, Nike Inc executives spent much of the rest of their quarterly earnings call addressing something much less glamorous: logistics. “We are not immune to the global supply-chain headwinds that are challenging the manufacture and movement of products around ...

Bloomberg President Joe Biden and the leaders of Australia, India, and Japan made a show of unity against China, meeting together at the White House in a first-ever summit to discuss initiatives to counter Beijing’s influence across the Pacific. The group is “coming together to take on key challenges of our age, from Covid to climate to emerging technologies,” Biden ...