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Kenya to inject $176m into struggling national airline

  Bloomberg Kenya plans to inject 20 billion shillings ($176 million) of capital into the country’s cash-strapped national airline, which is battling to survive after years of losses and a mounting debt pile. The funding, detailed in supplementary budget documents submitted to parliament, “is dependent on certain restructuring milestones,” Kenya Airways Plc Chairman Michael Joseph said by text message. The ...

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Pence says Trump was wrong to say he could overturn election

  Bloomberg Mike Pence rejected Donald Trump’s claims that as vice president he had the power to void the 2020 election result and refuse to certify President Joe Biden’s victory, breaking from his old boss as both men weigh possible White House bids in 2024. “I heard this week that President Trump said I had the right to ‘overturn the ...

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Australia PM Morrison’s discomfort mounts after damaging text leak

  Bloomberg Australia’s Prime Minister Scott Morrison, lagging in the polls before an election later this year, is dealing with the fallout from a leaked text message from his deputy Barnaby Joyce branding the premier “a hypocrite and a liar.” Joyce has apologized for the texts, which were sent in March last year before he took the deputy prime minister ...

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