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Bloomberg Norwegian Air Shuttle ASA risks becoming a casualty of the global aviation crisis after the state rejected a request for a second multi-billion krone rescue package. A fresh bailout wouldn’t be a good use of public funds, the government in Oslo said, leaving the discount carrier in need of help to weather the winter months as air travel remains ...

Bloomberg Ryanair Holdings Plc’s long-delayed Boeing Co 737 Max deliveries face a new hurdle after the European Union opted to apply tariffs to US-made aircraft. The European bloc said it would levy 15% tariffs on US jets, alongside other goods including wheat, cheese, etc. Dublin-based Ryanair, the continent’s biggest discount carrier, has more than 135 Max 200 jets on order, ...

Bloomberg American Airlines is resuming much of its short-distance service to Latin America and starting to bring back longer flights over the next few weeks, building off of its dominance in the region among US rivals. South America is the strongest part of American’s long-haul system amid the coronavirus pandemic “when, admittedly, all of it is relatively weak,” Chief Revenue ...

Bloomberg President-elect Joe Biden shrugged off Donald Trump’s effort to challenge the election results, forging ahead with transition planning even as the president pursues a multi-state legal fight backed by Republican allies and the Justice Department. Trump’s campaign said it would file a federal lawsuit in Michigan that seeks to stop the state’s top election official from certifying Biden’s win. ...

Bloomberg Ethiopia’s government said its forces killed at least 550 fighters loyal to the ruling party of the northern Tigray region, as the African Union called for an immediate ceasefire. Fighting is continuing in Tigray a week after federal troops began an incursion into the region in retaliation for an attack on one of its army camps in the region. ...

Bloomberg Philippine authorities evacuated thousands of residents in eastern coastal communities ahead of a new typhoon, just weeks after Super Typhoon Goni barreled through the Southeast Asian nation. Typhoon Vamco, locally known as Ulysses, is forecast by the Philippine weather bureau to bring damaging winds and intense to torrential rains to provinces in the main Luzon island, including the capital ...

Bloomberg Hong Kong’s opposition bloc resigned en masse on Wednesday after China moved to disqualify lawmakers who aren’t deemed sufficiently loyal, one of Beijing’s strongest actions yet to quash dissent in the territory. Fifteen members of the pro-democracy camp in the 70-seat Legislative Council quit following the disqualification of four members under Beijing’s new rules. The announcement was made at ...

Bloomberg China indicated that it wants Australia to act to improve strained relations, saying Canberra should know what needs to be done to get ties back on track. “China has been pragmatic in growing its business relations with all partners. A healthy relationship needs the nurturing and care of both sides,” Assistant Minister of Commerce Li Chenggang said at a ...

Bloomberg Trade talks between the UK and European Union are set to be extended beyond this weekend’s informal deadline and continue in Brussels next week, according to two people familiar with the matter. Negotiators have been working round the clock in London, with both sides pinpointing the end of this week as the last moment they could strike a deal ...

Bloomberg Italy may need to spend as much as 10 billion euros ($11.8 billion) a month to aid businesses and workers hit by coronavirus restrictions. Authorities are working on plans that would help the country navigate through a surge in infections that’s derailed the rebound from one of Europe’s worst recessions. Lockdown measures similar to the ones imposed earlier this ...