Bloomberg Ryanair Holdings Plc is ordering South Africans traveling to the UK to complete a list of questions in Afrikaans to prove their identity — only one of 11 official languages spoken in the country. Europe’s largest low-cost airline imposed the measure to prevent the use of fraudulent passports, the company said in a statement. “If they are unable ...

  Bloomberg PT Garuda Indonesia plans to raise money via a two-stage rights issue, as the indebted airline looks to salvage itself. After the carrier and its creditors come to agreement on its debt, the Indonesian government will inject 7.5 trillion rupiah ($520 million) via a first rights issue, Deputy Minister of State-Owned Enterprises Kartika Wirjoatmodjo told a parliamentary hearing. ...

Bloomberg Chancellor Olaf Scholz said Germany is ready to deploy more troops to the Baltics as part of a Nato effort to build up its eastern flank in the face of Russia’s invasion of Ukraine. Baltic leaders had urgently pushed for an increased troop deployment to mount a stronger defense against a Russian threat — and the German move would ...

Bloomberg French President Emmanuel Macron’s fiercest domestic rivals are standing by him in a fresh row with the government in Kyiv over his calls not to shame Russia. Tensions between France and Ukraine worsened over the weekend after Macron told a national newspaper that allies shouldn’t “humiliate” Moscow to improve the chance of reaching a peaceful solution to its invasion ...

Bloomberg Boris Johnson sought to draw a line under the controversy that’s been threatening his leadership, though the scale of a mutiny against the British prime minister suggests his days may be numbered. The deep discontent within his Conservative Party was laid bare, when 211 Tory MPs backed Johnson in a confidence motion — but 148 voted against him. The ...

  Bloomberg The US hit back at China over a social media post claiming American officials in Guangzhou downplayed allegations of human rights abuses, saying the behaviour puts Washington’s envoys at risk. A spokesperson for the US Embassy in Beijing said that China should “stop attributing false statements to US officials or taking other actions that might subject our diplomats ...

  Bloomberg The European Central Bank (ECB) will begin a new era of monetary policy this week as officials complete their pivot to confront the threat of inflation running out of control. Armed with new forecasts and with prices rising at a record pace, President Christine Lagarde and her colleagues will end trillions of euros of asset purchases and cement ...

  Bloomberg Goldman Sachs Group Inc. raised $700 million in the US investment-grade market to help fund environmental and social initiatives, its first benchmark sustainable-bond sale in over a year. The New York-based lender sold a sustainability bond maturing in five years, according to a person with knowledge of the matter. The self-led deal yields 1.35 percentage points above Treasuries, ...

  Bloomberg Incoming Philippine central bank governor Felipe Medalla said that the lenders’ reserve requirement ratio may be lowered this year to counter the impact of stimulus withdrawal. The plan is to cut the ratio 2 percentage points to 10% about a month or two before a rule that allowed lending to small businesses be counted as compliance to the ...

  Bloomberg Uganda increased interest rates for the first time since October 2018 to counter accelerating inflation and support the weakening shilling. The monetary policy committee raised the benchmark rate to 7.5% from 6.5%, Deputy Governor Michael Atingi-Ego told reporters. The central bank cut its economic growth forecast for Uganda this year to a range of 4.5% to 5%, compared ...