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Thai Airways seeks 10-airline pact to add routes

  Bangkok / Bloomberg Thai Airways International Pcl is seeking an alliance with as many as 10 other Asian carriers in order to add destinations and counter a similar move grouping together several of its low-cost rivals. A series of bilateral accords could unite airlines from across the region to boost connectivity in India and China and smaller markets such ...

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Amazon to increase India investments to $5bn

New Delhi / Bloomberg Amazon chief executive Jeff Bezos pledged to invest $3 billion in India, in a big bet on the growth of online shopping in the fast-growing South Asian economy. Speaking in Washington DC as India’s Prime Minister Narendra Modi visits the United States, Bezos told a gathering of business leaders that he saw “huge potential” in India. ...

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Apple, Manulife raise $2.4bn in Taiwan

  Taipei / Bloomberg Apple Inc. sold $1.38 billion of dollar bonds in Taiwan while Canada’s Manulife Financial Corp. also priced $1 billion of securities, as such debt offerings in the jurisdiction jump amid demand from insurers. The sales bring issuance of such corporate securities to $23 billion for the year, up 53 percent from the same period in 2015, ...

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