November, 2020

• 18 November

  737 Max approval set for Wednesday

  

  Bloomberg US regulators plan on Wednesday to unveil the long-awaited final requirements for allowing Boeing Co’s grounded 737 Max to return to service after 20 months, according to a person briefed on the plans. The Federal Aviation Administration (FAA) has begun notifying the aviation industry of its schedule, said the person, who wasn’t able to discuss the matter publicly and ...

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• 18 November

  Covid-19: AirAsia Japan arm files for bankruptcy

  

  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 ...

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• 18 November

  EasyJet extends UK loan over fresh lockdowns

  

  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 ...

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• 18 November

  Toronto Airport eyes bond market with hope as notes jump

  

  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 ...

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• 18 November

  Carlyle weighs plans to sale Dutch retailer

  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 ...

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• 18 November

  Trump poised to order troop cuts from Afghanistan, Iraq

  

  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 ...

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• 18 November

  US destroyer intercepts target mimicking ‘ICBM’

  

  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 ...

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• 18 November

  Australia, Japan build defense ties to counter China squeeze

  

  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 ...

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• 18 November

  Thai protesters rally over constitution rejig

  

  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 ...

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• 18 November

  Bulgaria to block North Macedonia path to joining EU

  

  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 ...

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