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AirAsia to stop funding Indian venture

Bloomberg AirAsia Group Bhd has stopped funding its Indian affiliate as the global travel slump leaves the Malaysian group struggling to support a sprawling empire of no-frills airlines, people familiar with the matter said. AirAsia India Ltd’s future may now depend on Indian conglomerate Tata Group, its majority shareholder, which has provided emergency funding but has yet to commit to ...

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Trump invokes own bout with Covid as voters’ doubts grow

Bloomberg President Donald Trump and his allies looked to capitalise on his discharge from the hospital, painting his return to the White House as a triumphant metaphor for his strength and vigor a month before Election Day. The president highlighted a supporter saying his return to the campaign trail would make him an “invincible hero.” A campaign spokesman chided Joe ...

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Thai army chief rules out coup over ‘strike’

Bloomberg Thailand’s new army chief said there was “zero chance” for a military coup now and urged all parties to avoid creating conditions that would lead to violence amid growing anti-government protests. “We should make the possibility for such action to go below zero. All parties must help,” Narongpan Jittkaewtae, who took over as the army chief last week, said ...

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