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Airports in Europe ask for extra year of looser bond terms

Bloomberg Major airports in Europe are asking investors for a break from debt obligations for the second time since the height of the coronavirus pandemic. London Heathrow Airport, the UK’s busiest hub, said it secured support for a new round of waivers on covenants applying to $1.6 billion of bonds after some of the terms agreed last year expired. Holders ...

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Two Koreas agree to rebuild ties in possible opening for Joe Biden

Bloomberg North Korea’s Kim Jong Un and South Korea’s Moon Jae-in agreed in letters to restore relations, improving the prospects for a breakthrough in an extended stalemate in nuclear talks. The two countries released what appeared to be coordinated statements on Tuesday calling for reconciliation on the peninsula, with state media in Pyongyang saying they agreed “to make a big ...

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White House asks $1b to relocate Afghans who helped US

Bloomberg The Biden administration has asked Congress for $1 billion to bring Afghans who helped American forces during the two-decade war in their country to the US, and there is bipartisan support to provide the money, according to people familiar with the matter. The money would be included in an emergency measure chiefly intended to provide heightened security on Capitol ...

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