Bloomberg PT Garuda Indonesia plans to raise money via a two-stage rights issue, as the indebted airline looks to salvage itself. After the carrier and its creditors come to agreement on its debt, the Indonesian government will inject 7.5 trillion rupiah ($520 million) via a first rights issue, Deputy Minister of State-Owned Enterprises Kartika Wirjoatmodjo told a parliamentary hearing. ...

Bloomberg Chancellor Olaf Scholz said Germany is ready to deploy more troops to the Baltics as part of a Nato effort to build up its eastern flank in the face of Russia’s invasion of Ukraine. Baltic leaders had urgently pushed for an increased troop deployment to mount a stronger defense against a Russian threat — and the German move would ...

Bloomberg French President Emmanuel Macron’s fiercest domestic rivals are standing by him in a fresh row with the government in Kyiv over his calls not to shame Russia. Tensions between France and Ukraine worsened over the weekend after Macron told a national newspaper that allies shouldn’t “humiliate” Moscow to improve the chance of reaching a peaceful solution to its invasion ...