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Thai Air gets nod for $11b rescue plan

Bloomberg Thai Airways International Pcl, the nation’s flagship carrier, got court approval for its business restructuring on Monday. The Central Bankruptcy Court decided that the airline can proceed with its business reorganisation plan, a crucial step forward for the embattled company, which has around 350 billion baht ($11 billion) of debt, according to Chansin Treenuchagron, its acting president. The flagship ...

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Putin critic Navalny’s wins mar Kremlin sweep in regional vote

Bloomberg Kremlin-backed candidates swept most major contests in Russian regional elections over the weekend but supporters of opposition leader Alexey Navalny claimed wins in two Siberian cities, including the one where he was poisoned last month. “The authorities have shown they control the situation in the country,” said Alexei Makarkin, deputy director of the Center for Political Technologies in Moscow. ...

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‘Navalny poisoning was assassination attempt’

Bloomberg French President Emmanuel Macron backed Angela Merkel’s demand that Russia clarify the poisoning of opposition leader Alexey Navalny, calling the attack an “assassination attempt” as two more European laboratories found traces of nerve agent Novichok. The comments ratchet up tensions between the European Union and Russian President Vladimir Putin over accusations that Navalny was targeted with the weapons-grade substance. ...

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