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South Africa sells state airline to private-equity venture

Bloomberg South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government of an entity that has long been a drain on state finances. A consortium comprised of Johannesburg-based Global Airways, which owns recently launched domestic airline Lift, and private-equity firm Harith General Partners will take ...

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McDonald’s says hackers stole customer data in Korea, Taiwan

Bloomberg McDonald’s Corp said hackers accessed some customer data in South Korea and Taiwan, adding the fast-food chain to the growing list of companies grappling with cyberattacks in recent weeks. After discovering unauthorised activity on its network, the company determined that “a small number of files were accessed, some of which contained personal data,” according to an emailed statement. The ...

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Putin sees chance to work with Biden at low point in ties

Bloomberg Russian President Vladimir Putin suggested that in spite of heightened tensions with the US over cyberattacks and his treatment of dissidents, he may be able to work with President Joe Biden in part because he’s more predictable than Donald Trump. “That’s a different kind of person and it is my great hope that, yes, there are some advantages, some ...

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