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Chaos, joy at Wuhan airport as doctors take first flights out

Bloomberg The crowd outside Wuhan’s Tianhe International Airport on Wednesday pushed forward as anxiety grew over catching their flights out of town — the first to depart since January 23. Many were people who had come to the central Chinese city for a Lunar New Year vacation in January and found themselves stuck in a protracted, nightmarish stay as the ...

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Hong Kong’s airport eyes $2.6b loan to help fund third runway

Bloomberg Hong Kong’s Airport Authority is in talks with banks for a HK$20 billion ($2.6 billion) loan to help fund the city’s third runway, according to people familiar with the matter. The five-year facility, which is also meant for general corporate purposes, offers an interest margin of 72 basis points over the Hong Kong interbank offered rate and a top-level ...

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TJ Maxx adds to retail toll of furloughs in US

Bloomberg Employee furloughs in the retail industry are now well over 1 million after the owner of TJ Maxx and Marshalls, one of America’s biggest clothing store chains, suspended its store workers. TJX Companies Inc said that it would furlough the majority of its US workforce at stores and distribution centres. It employs about 286,000 people worldwide, with most based ...

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