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What’s next if Trump is ‘unable’ to govern

Now that President Donald Trump has tested positive for Covid-19, the Department of Justice is almost certainly focussing on the 25th Amendment, which provides for the transfer of presidential authority to the vice president. No one who works for a sitting president wants to think about that amendment. But in any administration, worst-case scenarios get attention, and if the president ...

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World’s best airport warns of ‘daunting’ future amid virus

Bloomberg Changi Airport Group said the impact from the Covid-19 pandemic isn’t abating as officials behind the world’s best airport warned of a “daunting” period ahead. Passenger traffic for Changi for the fiscal year ended in March declined for the first time in more than a decade, as a slump in the last two months of the period wiped out ...

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Malaysia Airlines talks to lessors in restructuring

Bloomberg Malaysia Airlines Bhd has reached out to lessors, creditors and key suppliers as part of its “urgent” restructuring exercise as it sees little sign of the pandemic easing. The flag carrier, wholly owned by Malaysia’s sovereign wealth fund Khazanah Nasional Bhd, would take more drastic measures if the restructuring can’t be completed over the next few months, according to ...

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