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Bloomberg Skechers USA Inc is considering strategic options for its Asia business, people with knowledge of the matter said. The Manhattan Beach, California-based shoemaker has held preliminary talks with advisers to evaluate possibilities including a Hong Kong initial public offering of the business, said the people, who asked not to be identified as the information is private. An IPO could ...

Bloomberg Long haul budget airline AirAsia X Bhd was officially categorised as a financially distressed company, giving the company a year to restructure its finances or risk losing its Malaysian listing. AirAsia X’s external auditor Ernst & Young issued a disclaimer of opinion on the airline’s audited financial statements for the 18-month period ended June 2021, the company said in ...

Bloomberg German delivery firm DHL expects global supply-chain bottlenecks to ease next year as the return of air travel adds cargo capacity and higher vaccination rates keep a lid on Covid-19 infections. A loosening of US borders slated for November 8 will be key, as the added flights provide more space for freight in the holds of passenger jetliners, DHL ...

Bloomberg Ryanair Holdings Plc will introduce electric ground-handling equipment at 11 European airports including Madrid, Amsterdam and Oslo as the Irish airline looks to reduce its emissions. Europe’s biggest discount carrier will introduce electric-powered baggage vehicles and plane push-back tractors with partners Azul Handling and Menzies Aviation, Ryanair said in a statement. Azul will allow it to offer zero emission ...

Bloomberg Taiwan has no future prospect other than unification with China, Chinese Foreign Minister Wang Yi said in Rome at the G-20 summit. Wang was responding to questions on efforts by countries including the United States to support Taiwan’s greater participation in the United Nations and in the international community, according to a statement posted on China’s foreign ministry website. ...

Bloomberg Air Canada said employees working remotely must gradually return to the office starting from November 15 and be fully vaccinated, as Covid-19 cases ebb across Canada. The country’s biggest airline described its plan as “a balanced approach” that allows employees to keep working some “set days” remotely. In a statement, Chief Executive Officer Michael Rousseau cited Canada’s high vaccination ...

Bloomberg China’s President Xi Jinping urged Group of Twenty (G20) leaders to treat all Covid-19 vaccines equally as he pushed for greater mutual recognition of World Health Organization-approved shots. Addressing the summit via video link, Xi called on nations to back the World Trade Organisation making an early decision on whether to waive intellectual property rights for vaccines and encouraged ...

Bloomberg Philippine President Rodrigo Duterte’s performance rating plunged, according to the latest poll, with the pandemic continuing to challenge the country’s resilience. Net satisfaction with the president fell 10 points to 52% in the third quarter, according to Social Weather Stations. That compares with 62% in June 2021 and is the lowest since Duterte’s 45% rating in June 2018. While ...

Bloomberg UK Prime Minister Boris Johnson warned that France may already be violating the terms of the post-Brexit trade deal and hinted at retaliation if Paris refuses to back down in a dispute over fishing rights. “We are a bit worried that France may be about to become in breach, or is already in breach,” Johnson said to broadcasters at ...

Bloomberg Hundreds of thousands of pro-democracy demonstrators marched across cities in Sudan to protest the toppling of the joint civilian-military government by the army. Since the military removed the government led by Abdalla Hamdok as prime minister, doctors, oil workers, academics, bankers and others have staged protests. That’s thrown the North African nation’s democratic transition into chaos two years after ...