Bloomberg Indonesia’s largest private airline is among the more than two dozen local companies planning to sell shares for the first time as investors overlook a selloff in the broader market to lap up stocks from initial public offers. PT Lion Mentari Airlines, miners PT Ginting Jaya Energi, PT Dana Brata Luhur and PT Ifishdeco and developer PT Alamanda Investama ...

Bloomberg Levi Strauss & Co posted third-quarter profit and sales that topped analysts’ estimates, while revenue in its home market fell, as the company navigates an increasingly crowded denim market. Earnings excluding some items amounted to 31 cents a share in August, compared with the 28-cent average of projections. Denim is experiencing a resurgence and the market is getting more ...

Bloomberg Hong Kong demonstrations continue to disrupt business as usual for some American companies and shoemaker Vans is the latest to get tangled up in the protests. During its annual shoe-design competition that is currently underway, Vans reportedly removed a submission from its website that depicted both a flower symbol of Hong Kong and protesters wearing gas masks, goggles and ...