April, 2021

• 7 April

  Ryanair set to take bigger Max after EASA’s signoff

  

  Bloomberg Ryanair Holdings Plc can begin taking delivery of the Boeing Co 737 Max jet after European regulators signed off on a version of the single-aisle model that can squeeze in almost 200 passengers. The European Union Aviation Safety Agency (EASA) issued a type certificate for the so-called Max 200 model, according to a notification on its website. The action …

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• 7 April

  Global stocks hover around record; bond yields decline

  

  Bloomberg Markets settled into a holding pattern on Wednesday, with global stocks hovering around all-time highs as investors awaited details of the Federal Reserve’s most recent meeting. Bond yields fall. Futures on the S&P 500 and Nasdaq 100 edged higher after the underlying gauges retreated overnight as volume on US exchanges dwindled below 10 billion shares for the first time …

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• 7 April

  Deliveroo shares rise as retail investors start trading stock

  

  Bloomberg Deliveroo Holdings Plc, which collapsed in its London debut last week after a 1.5 billion-pound ($2.1 billion) initial public offering (IPO), gained as much as 3.9% as retail investors began to trade the company’s shares. Although the food-delivery startup listed publicly on the standard segment of the London Stock Exchange, trading remained conditional, meaning only institutional investors were allowed …

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• 7 April

  Overseas funds are loving Malaysia glove stocks again

  Bloomberg Foreign investors are using the selloff in Malaysian glove makers to return to last year’s stock market stars. Top Glove Corp. and Supermax Corp. are among the top three stocks on the buy list of foreigners this year through April 2, attracting net inflows of 1.4 billion ringgit ($340 million), according to CGS CIMB Research. Global funds bought a …

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• 6 April

  Air France-KLM gets $4.7b aid in first step for survival

  

  Bloomberg Air France-KLM will receive as much as 4 billion euros ($4.7 billion) from a French rescue plan that may not be enough to see the embattled carrier through the still-raging pandemic. The package will see the French government reemerge as the biggest shareholder with a stake of much as 30%. It comes after months of negotiations between shareholders France …

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• 6 April

  AirAsia plans $300m funding for digital arm

  

  Bloomberg AirAsia Group Bhd plans to raise as much as $300 million to expand its digital business arm AirAsia Digital, according to people with knowledge of the matter. The Malaysian budget airline is in talks with prospective investors for what would be the first financing round for its digital arm and is working with at least one adviser on the …

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• 6 April

  Passengers flying to S’pore can use IATA travel pass from May

  

  Bloomberg Singapore will allow passengers traveling to the island state to share pre-departure Covid-19 test results with airlines and immigration staff upon arrival using IATA’s Travel Pass from next month as the Southeast Asian nation takes steps to reopen its borders. The International Air Transport Association’s app is a digital solution that can be used by people to store Covid …

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• 6 April

  US airlines bring back more pilots over travel demand

  Bloomberg US airlines are bringing back more pilots as they prepare for an expected travel rebound. Delta Air Lines Inc said that it recalled all of its 1,713 idled pilots on April 1, before staffing shortages contributed to about 100 flight cancellations on April 4. About 400 will be trained in time to start flying again this summer, the company …

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• 6 April

  H&M’s troubles in Asia compound over ‘problematic’ map

  

  Bloomberg Hennes & Mauritz AB’s woes in Asia deepened after a “problematic” map on its website drew the attention of Chinese authorities, with the retailer’s attempts to resolve the matter then angering consumers in Vietnam. H&M’s Shanghai unit was summoned by two of the city’s regulators to correct mistakes on the image, and the company said it will carry out …

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• 6 April

  No Starbucks disposable cups in South Korea

  Bloomberg Starbucks Corp plans to eliminate disposable cups from its cafes across South Korea by 2025, the first such measure in a major market by the coffee giant, as it seeks to curb landfill waste and cut its carbon footprint. The Seattle-based chain will launch a “cup circularity” program in South Korea, starting July, as it begins tackling its global …

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