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Joe Biden can’t ignore North Korea’s missiles much longer

  Between Ukraine, Iran, Taiwan and Afghanistan, President Joe Biden has more than enough global problems to focus on. Unfortunately, he needs to add one more: North Korea. Dictator Kim Jong Un has ushered in the new year with a barrage of missile launches — 11 so far, including what now appears to have been the first test of an ...

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Billionaire Bhatia to helm IndiGo after swing to profit

  Bloomberg Rahul Bhatia, the billionaire co-founder of IndiGo, is taking on a newly-created executive position of managing director at the company, after the biggest budget carrier in Asia by market value posted a surprise quarterly profit. The appointment of Bhatia, which is effective immediately, signals a truce with fellow co-founder Rakesh Gangwal, who had accused Bhatia of corporate governance ...

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Kenya Air picks advisers to evaluate debt restructuring

  Bloomberg Kenya Airways Plc has selected financial advisers at Seabury Consulting to help the airline evaluate options to restructure its debt load, according to people with knowledge of the matter. The airline, in which the Kenyan government has a 48.9% stake, faces mounting debts and depressed passenger demand amid pandemic-related travel restrictions. A representative for Kenya Airways said the ...

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