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H&M stores closed in China as backlash over Xinjiang grows

Bloomberg Hennes & Mauritz AB (H&M) stores in some parts of China are being closed by their landlords as fallout from the fashion retailer’s statement about forced labour in the contentious region of Xinjiang continues to spread. At least six stores in the lower-tiered cities of Urumqi, Yinchuan, Changchun and Lianyunang have been shut down by the owners of the ...

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Norwegian Air wins Irish court approval for restructuring

Bloomberg Norwegian Air Shuttle ASA secured approval of its restructuring plans from an Irish High Court judge, paving the way for the discount carrier to exit insolvency and raise up to $582 million in fresh capital. The examinership process won legal backing after earlier gaining the support of the majority of Norwegian’s creditors and shareholders. The company will now submit ...

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Myanmar’s deadliest weekend since coup sparks global outrage

Bloomberg Dozens of Myanmar protesters were killed in clashes with the military and police in the deadliest weekend since the February coup, sparking condemnation from governments around the world. At least 114 people died on Saturday, including civilians who weren’t taking part in demonstrations, according to rights group Assistance Association for Political Prisoners. Another nine deaths were reported on Sunday, ...

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