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  Bloomberg Royal Jordanian Airlines has reached an agreement with Airbus to introduce 20 new factory-built A320neo family aircraft to its fleet, replacing the 13 A320ceo currently in service, the airline’s CEO Samer Majali said in an emailed statement. The move is part of the airline’s plan to increase its total fleet size from 24 to over 40 aircraft in ...

  Bloomberg A Hong Kong-based airline backed by the failed Chinese conglomerate HNA Group Co. Ltd. aims to restructure HK$49 billion ($6.2 billion) of debt through UK and Hong Kong courts to stave off insolvency. Hong Kong Airlines is seeking court approval to convene meetings of its creditors and put forward its restructuring proposal, which would include a significant haircut ...

  Bloomberg The number of small and medium-sized British businesses selling over Amazon.com Inc.’s marketplace soared by more than 25% in 2021, faster than in Germany, France or Italy. Some 85,000 smaller UK enterprises now sell on Amazon, responsible for more than 950 million product sales — or 1,750 per minute, the Seattle-based tech giant said in a statement. More ...

  Bloomberg Australian retail sales climbed for an eighth straight month in August, indicating the nation’s cashed-up households are coping well with rapid interest-rate increases to tackle escalating inflation. Sales advanced 0.6% from July, exceeding economists’ forecasts for a 0.4% gain, Australian Bureau of Statistics data showed. Retailers have posted higher sales every month this year. The rise was driven ...

  Bloomberg Traveloka has secured $300 million in new financing from investors including BlackRock Inc., as Southeast Asia’s biggest online travel startup counts on a post-Covid rebound to expand in the region. The Jakarta-based company said in a statement it struck a deal for financing with investors including Allianz Global Investors and the Indonesia Investment Authority. The size of the ...

Bloomberg Far more Russians have fled abroad than have enlisted in the military since President Vladimir Putin announced a mobilization to bolster his faltering invasion of Ukraine. Defense Minister Sergei Shoigu said more than 200,000 people have been conscripted into the army since Putin’s Sept. 21 order for a partial call-up, Russian news services reported Tuesday. That matches an exodus ...

Bloomberg Turkey on Monday condemned the US’s decision to add Cyprus to a security cooperation program, saying that Washington is losing its impartiality in the dispute surrounding the divided island. The US move came two weeks after it lifted a decades-old arms embargo on the internationally-recognized Greek Cypriot government located in the south of the Island. In response, Turkey first ...

Bloomberg North Korea fired a missile over Japan for the first time in five years, further ratcheting up tensions over Kim Jong Un’s nuclear program and prompting a rare public safety warning to be issued by Tokyo. The missile launched Tuesday splashed down in the Western Pacific about 3,200 kilometers east of Japan, officials in Tokyo said, adding there were ...

Bloomberg A deadly stampede at an Indonesian soccer match triggered by police firing tear gas has added pressure on President Joko Widodo to overhaul a security force often criticized for brutality and corruption. The tragedy over the weekend left 125 people dead and is one of the world’s worst stadium disasters. It was also the first time Indonesian police used ...

  Bloomberg Prime Minister Fumio Kishida appointed his son as a senior political aide, sparking speculation that the 31-year-old was being groomed as an eventual successor and prompting criticism of nepotism. Shotaro, the oldest of Kishida’s three sons, was named executive secretary to the prime minister, government spokesman Hirokazu Matsuno said Tuesday, adding that the appointment was appropriate. “Appointments are ...