Bloomberg Indonesia is planning an initial public offering that could raise at least $500 million as part of its bid to create the world’s biggest geothermal company, according to people with knowledge of the matter. The Southeast Asian nation, which last week announced its plan to combine three separate state-owned geothermal companies, is working with advisers to complete the tie-up …

Bloomberg Thailand’s finance ministry, the largest shareholder of Thai Airways International Pcl, signalled its support for a restructuring plan that includes raising fresh capital, a temporary freeze on repayment of borrowings and slashing its workforce by half to return the debt-ridden airline to profit. The key elements of the debt rehabilitation plan are “quite acceptable,” Pantip Sripimol, director general of …

Bloomberg Boeing Co called out potential fire-safety issues with the fuel-tank design on Airbus SE’s coming A321XLR, a jet that’s crucial to the European planemaker’s future lineup. Airbus has positioned the rear-center fuel tank of the A321XLR under the floor of the passenger cabin — giving it the added range that makes the plane, due in 2023, such a threat …