October, 2020

• 6 October

  South Africa Airways’ saviour is in Ethiopia, says study

  

  Bloomberg South Africa should act to preserve its insolvent national airline and seek to partner the carrier with Ethiopian Airlines Group, according to a study commissioned for ruling-party lawmakers. The assessment, seen by Bloomberg, was prepared by African Aviation Services and dated October 4. It was presented to a group of African National Congress lawmakers, according to an ANC official ...

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• 6 October

  Boeing’s Max gets boost with report on Ryanair order talks

  

  Bloomberg Ryanair Holdings Plc is reported to be in talks to purchase between 150 and 200 Boeing Co 737 Max aircraft, in a deal that would boost confidence in the grounded jet as it prepares for a return to service. Ryanair is discussing a mix of Max 200s, the version it has already ordered, and the bigger Max 10, the ...

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• 6 October

  AirAsia to stop funding Indian venture

  Bloomberg AirAsia Group Bhd has stopped funding its Indian affiliate as the global travel slump leaves the Malaysian group struggling to support a sprawling empire of no-frills airlines, people familiar with the matter said. AirAsia India Ltd’s future may now depend on Indian conglomerate Tata Group, its majority shareholder, which has provided emergency funding but has yet to commit to ...

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• 6 October

  Trump invokes own bout with Covid as voters’ doubts grow

  

  Bloomberg President Donald Trump and his allies looked to capitalise on his discharge from the hospital, painting his return to the White House as a triumphant metaphor for his strength and vigor a month before Election Day. The president highlighted a supporter saying his return to the campaign trail would make him an “invincible hero.” A campaign spokesman chided Joe ...

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• 6 October

  Thai army chief rules out coup over ‘strike’

  

  Bloomberg Thailand’s new army chief said there was “zero chance” for a military coup now and urged all parties to avoid creating conditions that would lead to violence amid growing anti-government protests. “We should make the possibility for such action to go below zero. All parties must help,” Narongpan Jittkaewtae, who took over as the army chief last week, said ...

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• 6 October

  Pompeo calls for united ‘Quad’ bloc on China in virus crisis

  

  Bloomberg US Secretary of State Michael Pompeo called on three other Indo-Pacific democracies to band together against coercion from China, in a bid to keep pressure on Beijing amid the coronavirus crisis rocking Washington. The so-called Quad — also including Australia, India and Japan — began its second ministerial-level meeting in Tokyo on Tuesday, in an event expected to help ...

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• 6 October

  HK ousts teacher in warning to those who push politics

  

  Bloomberg Hong Kong leader Carrie Lam defended disciplining teachers for promoting anti-China views, after the Asian financial center for the first time revoked an educator’s registration over the content of their lessons. Lam told reporters she was obliged to protect students from being drawn into the political disputes that have fuelled a historic wave of unrest in the former British ...

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• 6 October

  EU starts review of Pfizer-BioNTech Covid-19 vaccine

  

  Bloomberg Europe’s drugs regulator started an early review of an experimental Covid-19 vaccine from Pfizer Inc and BioNTech SE, potentially speeding the shot’s assessment and reducing its time to market. Called a “rolling review,” the process will allow the European Medicines Agency to look at how the vaccine is performing in real time as data emerges from trials, instead of ...

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• 6 October

  Watchdog says nerve agent was used to poison Navalny

  Bloomberg Germany said European allies will weigh action against Russia — including possible sanctions — after an international chemical-weapons watchdog confirmed that a nerve agent from the banned Novichok group had been used in the poisoning of Kremlin critic Alexey Navalny. “Any use of chemical weapons is a grave act and cannot go without consequences,” German government spokesman Steffen Seibert ...

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• 6 October

  Singapore banks to extend debt relief for hard-hit borrowers

  

  Bloomberg Singapore banks will extend debt relief for individuals and small-to-midsized businesses beyond the end of the year to support borrowers hardest hit by the coronavirus pandemic. The measures, set to expire on December 31, will now progressively end over 2021, the Monetary Authority of Singapore (MAS) said in a statement. The extended program will be tiered so those businesses ...

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