Tuesday , 16 December 2025

Recent Posts

US airlines spurn loans, seek grants

Bloomberg US airlines probably will avoid applying for some $25 billion in loans under a federal aid package designed to help them survive the collapse in travel from the new coronavirus, according to JPMorgan Chase & Co. But the carriers will tap a similar amount in cash assistance for payrolls that should eliminate the risk of near-term bankruptcies, JPMorgan analyst …

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Malaysia explores M&A, debt measures to bail out airlines

Bloomberg Malaysia is exploring the possibility of bailing out domestic airlines that have been hit hard by the coronavirus outbreak, according to people with knowledge of the matter. Officials have been studying ideas including setting up a vehicle to take over the debt of companies like Malaysia Airlines Bhd and AirAsia Group Bhd, the people said. The government is also …

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Nike’s corporate playbook to cope with virus worldwide

Bloomberg Nike Inc doesn’t have a cure for coronavirus, but the company does have a plan for coping with the pandemic globally. After delivering better-than-expected quarterly results, the sportswear giant’s top executives discussed their experiences dealing with the virus in China — Nike’s top growth market and the place where the Covid-19 outbreak began. They expect the disruption and recovery …

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