Bloomberg Food giant Monde Nissin Corp’s record-breaking entry into the Philippine stock market is driving a shakeup that’s impacting everything from the nation’s consumer sector to holdings of some of the biggest money managers. Investors say the $1 billion initial share offering — the biggest ever debut in the Southeast Asian country — is pushing them to reallocate funds from ...

Bloomberg Deutsche Lufthansa AG said it continues to have permission to operate several weekly flights to Moscow and St Petersburg, after at least two European airlines scrapped routes when Russian aviation authorities withheld authorisation for changes to avoid flying over Belarus. The German carrier operates seven weekly connections to Moscow and four to St Petersburg, according to a spokeswoman. Air ...

Bloomberg Qantas Airways Ltd is offering unlimited flights for a year among a pool of prizes for people who’ve had Covid-19 shots, the biggest incentive yet from an Australian business in a bid to accelerate the country’s sluggish vaccination rollout. Giving details about the program on Monday, Chief Executive Officer Alan Joyce said 10 “mega prizes” would give families of ...