Bloomberg Qantas Airways Ltd is marketing an Australian dollar bond, joining a record global wave of airline debt issuance to build up cash buffers as the Covid-19 pandemic pummels air travel. The Australian airline is looking to price a 10-year note at an indicative coupon of around 5.25%, according to a person familiar with the matter who asked not to ...

Bloomberg An upscale Miami-area shopping mall is moving to evict Saks Fifth Avenue, saying the retailer hasn’t paid rent since March 16 and owes about $1.9 million. Saks told its landlord, Bal Harbour Shops LLC, in August that it couldn’t make lease payments on its three-level retail store due to the effects of the Covid-19 pandemic, according to a lawsuit ...

Bloomberg Ghana is reopening its main airport to international flight passengers from September 1 after putting in place new measures to help curb the spread of the coronavirus. Any passenger arriving in Ghana will have to present a negative Covid-19 result, taken no more than 72 hours before departure from the country of origin, President Nana Akufo-Addo said in a ...

Bloomberg The airline industry, yearning to bounce back from the prolonged global outbreak of Covid-19, is pulling out more tricks designed to get fliers back on board. United Airlines spiked its loathed $200 change fee for domestic flights and said that, beginning next year, customers can fly standby for free if there’s an available seat on the same day as ...

Bloomberg India said its troops clashed with Chinese solders along their contested Himalayan border, the latest skirmish in a conflict that has simmered since May. The Chinese troops carried out “provocative military movements”, India’s Defense Ministry said in a statement on Monday. It accused the People’s Liberation Army of violating diplomatic and military agreements on the undemarcated area. Beijing was ...

Bloomberg China’s foreign minister warned that a top Czech lawmaker would “pay a heavy price” for visiting Taiwan, exposing continued tensions with Europe even as Beijing sought to push back against US overtures on the continent. Foreign Minister Wang Yi told reporters in Germany that Czech Senate President Milos Vystrcil’s trip was a “betrayal” that made him “an enemy of ...

Bloomberg Democratic presidential nominee Joe Biden said violence in Portland, Oregon, that left a supporter of Donald Trump dead is “unacceptable” and urged the president to stop “fanning the flames of hate and division in our society.” “I condemn violence of every kind by anyone, whether on the left or the right. And I challenge Donald Trump to do the ...

Bloomberg South African President Cyril Ramaphosa gained the upper hand in a power struggle in the nation’s deeply divided ruling party after surviving a bid to force him out of office, clearing the way for him to overhaul his cabinet. The ouster attempt was made during a three-day meeting of the African National Congress’s (ANC) top leadership, according to two ...

Bloomberg Montenegro’s ruling party won the most votes in the elections but results suggested it may have to cede power to opposition parties vowing to unite against Europe’s most enduring leader, President Milo Djukanovic. The tight contest made it unclear who will lead the next government in a country that’s embroiled in the battle for influence in the Balkans between ...

Bloomberg Credit Suisse Group AG plans to double its headcount in China over five years as the firm accelerates its pursuit of the nation’s wealthy, seeking to move past a scandal that’s engulfed once-favoured client and Luckin Coffee Inc. founder Lu Zhengyao. The bank has largely normalised approvals for Chinese companies, ending the increased scrutiny on loans that followed allegations ...