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And, Trump unmasks Obama’s unmaskers

Ever since Michael Flynn resigned as President Donald Trump’s national security adviser three years ago, the president and his allies have taken a keen interest in the practice of “unmasking.” Now his administration has revealed the names of the Obama officials who learned Flynn’s name in intelligence reports — but the information is hardly a smoking gun. Unmasking is a ...

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Airbus, labour unions to start talks on permanent job cuts

Bloomberg Airbus SE is preparing for permanent job cuts after warning unions that it needs to rein in production amid a collapse in demand, people with knowledge of the situation said. Discussions have begun with labour groups in Germany, France and Spain, the people said, with the formal process expected to start next week. The number of positions to be ...

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Korean Air plans to raise about $817m

Bloomberg Korean Air Lines Co plans to sell new shares to raise about 1 trillion won ($817 million) after the coronavirus outbreak wiped out 90% of its flights. The Seoul-based carrier aims to sell about 79.4 million new shares to existing holders in July, it said in a regulatory filing. The price is initially estimated at 12,600 won a share, ...

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