Bloomberg AirAsia Japan Co has filed for bankruptcy with the Tokyo District Court after flagging last month it would cease operations in the country, as the coronavirus pandemic that’s wiped out travel globally took its toll. The arm of Malaysia’s AirAsia Group Bhd then received a provisional administration order from the court on Tuesday, it said in a statement. “Given ...

Bloomberg EasyJet Plc extended the terms of a government-backed loan in the UK to bolster liquidity as a new wave of coronavirus lockdowns crimps travel in Europe. Britain’s biggest discount airline posted a loss of 835 million pounds ($1.1 billion) for the year through September, within a range already announced, and said in a statement on Tuesday that it will ...

Bloomberg Greater Toronto Airports Authority (GTAA) is monitoring bond market conditions as its most recent debt deal outperforms the wider Canadian dollar corporate bond market. GTAA’s C$500 million ($382 million) of secured bonds due 2028 were quoted at a spread of around 88 basis points over similar-duration government securities, or around 21 basis points tighter than where they were first ...

Bloomberg Carlyle Group Inc is weighing new plans to sell Hunkemoller, the Dutch swimwear retailer, according to people familiar with the matter. The US private equity firm is working with investment bank JPMorgan Chase & Co on a potential sale of the business next year, the people said, asking not to be identified discussing confidential information. No final decisions have ...

Bloomberg Donald Trump is expected to issue a formal order drawing down US troops in Afghanistan and Iraq to 2,500 in each country by January 15, a US defense official said, as the president works to deliver on his longtime pledge to exit from “endless wars.” US Central Command has received an informal warning order, according to the official. The ...

Bloomberg A US Navy destroyer successfully intercepted a mock intercontinental ballistic missile (ICBM) designed to simulate one developed by North Korea, a Pentagon official said. The Aegis-class destroyer operating near Hawaii on Tuesday fired a Standard Missile-3 model Block II A made by Raytheon Technologies Corp at the target launched from Kwajalein Atoll in the Marshall Islands. “This was an ...

Bloomberg Australia is taking the next step towards building a coalition of “like-minded” democracies pushing back against what they view as Beijing’s increasing expansionism in the Indo-Pacific — even as the list of trade reprisals against it grows. As part of the campaign, Prime Minister Scott Morrison met his Japanese counterpart Yoshihide Suga in Tokyo on Tuesday to sign what ...

Bloomberg Thai riot police sprayed water cannons at pro-democracy activists rallying near the parliament as lawmakers began a debate on a roadmap for amending the nation’s constitution. Hundreds of protesters, with some donning helmets and masks, tried to breach concrete barricades and barbed wire at an intersection outside the parliament building in central Bangkok, prompting the police to fire water ...

Bloomberg Bulgaria is poised to object to the official start of European Union accession talks with North Macedonia, hindering the former Yugoslav country’s efforts to open the long-delayed negotiations by year-end. Countries in the Western Balkan region, engulfed by bloody wars following the breakup of Yugoslavia, are all striving to join the EU to raise living standards. Albania and North ...

Bloomberg Ted Kaufman, the head of Joe Biden’s transition team, praised UK Prime Minister Boris Johnson for his early endorsement of the president-elect’s victory while other heads of government hung back. Johnson was the second world leader to receive a call from Biden after his win, a move welcomed in London as a sign the incoming White House team still ...