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Biden’s Ukraine speech was aimed at US allies

  A high-profile speech on Ukraine is probably the last thing Democratic pollsters would have wanted from President Joe Biden. Good news on the pandemic would be welcome. If there had to be tough talk about a nasty foe, they would surely have hoped it would be about inflation, not Russian President Vladimir Putin. Or they may have wanted the ...

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Alibaba halts talks to raise $1 billion before Lazada IPO

Bloomberg Alibaba Group Holding Ltd discussed raising at least $1 billion for Lazada before calling off negotiations with potential investors when talks bogged down over the Southeast Asian online mall’s valuation. The Chinese e-commerce giant had aimed to secure financing for Lazada as a precursor to a spinoff of the Singapore-based company and a potential initial public offering, people familiar ...

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Air New Zealand to seek capital over Covid losses

Bloomberg Air New Zealand plans to raise capital by the end of next month through the issue new shares as its losses continue to mount during the pandemic. The Auckland-based national carrier predicted a record full-year pretax loss of more than NZ$800 million ($540 million), after reporting loss of NZ$367 million in the six months ended on December 31. It ...

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