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Interjet to file for bankruptcy protection

Bloomberg Interjet shareholders unanimously voted to approve a filing for bankruptcy protection, a move that would enable the Mexican airline to resume payments to employees that have been frozen for several months. Alejandro del Valle, who took a 90% stake in the carrier late last year, led discussions over the filing with former majority owners and founders Miguel Aleman Magnani ...

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Myanmar’s junta rebuffs Asean plan to end months of violence

Bloomberg Myanmar’s military government rebuffed a plan by Southeast Asian leaders to help end violence in the country, saying any “suggestions” would need to fit with the junta’s stated roadmap and come after “stability” is restored. Leaders of the 10-member Association of Southeast Asian Nations, including coup chief Min Aung Hlaing, appeared to reach a five-point “consensus” on Myanmar during ...

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Finland’s coalition is on brink as key partner loses faith

Bloomberg A key partner to Finland’s ruling Social Democrats said she is losing faith in the coalition’s credibility, signaling the government of the Nordic region’s only euro member has edged closer to a collapse. The government is bristling over a failure to agree on a common view to the economy and spending measures. Talks went into their seventh day as ...

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