Bloomberg Air France-KLM is turning to a much-debated part of the ethical bond market to repay state aid that helped it weather the coronavirus pandemic. The airline is presenting its sustainability-linked financing framework to investors, and will then offer at least €300 million ($317 million) of sustainability-linked bonds, according to a person familiar with the matter, who asked not to ...

  Bloomberg Kenya flag carrier’s shares will be suspended from trading for a further 12 months, extending the period the company’s stock is halted to more than three years as it struggles to return to profit. The suspension has been in place since July 2020 to allow the company complete its operational and corporate restructuring process, the Nairobi Securities Exchange ...

Bloomberg Walmart Inc and other PhonePe shareholders will have to pay nearly $1 billion in tax after the digital payments company shifted its headquarters to India, according to people familiar with the matter. The bill stems from the relocation and rise in value of PhonePe Pvt, which Walmart took majority ownership of after acquiring parent outfit Flipkart Online Services. Now ...