Bloomberg For Swiss running shoemaker On AG, whose proprietary cushioning technology has attracted Roger Federer as an investor, the global coronavirus lockdowns had positive side effects. Online sales more than tripled in the three months through May as consumers itching for a good workout but wary of gyms turned to outdoor running, according to Chief Executive Officer David Allemann. Demand ...

Bloomberg Virgin Australia Holdings Ltd bondholders asked the country’s deals regulator to let them pitch a plan to rescue the airline in an effort to derail a sale to Bain Capital LP. Singapore-based Broad Peak Investment Advisers Pte and other bondholders told the Takeovers Panel that some elements of the Deloitte-run auction of the airline were “unacceptable” and effectively barred ...

Bloomberg Airbus SE Chief Executive Officer Guillaume Faury called on the European Union to coordinate the return of international air traffic, saying chaotic decision-making on flight bans by member countries at the start of the pandemic revealed weaknesses in the way the region works. “We need one decision making center and we don’t have one. We see Europe’s weaknesses in ...