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Bloomberg British Airways was fined 20 million pounds ($26 million) by the UK data protection watchdog over a breach that compromised the personal and financial details of more than 400,000 customers, a cut to a much heftier fine initially planned by the regulator. The UK Information Commissioners’ Office (ICO) said its investigation into a 2018 cyber-attack at the company found ...

Bloomberg AirAsia X Bhd is liquidating its Indonesian arm in a bid to survive the virus pandemic that has left the low-cost airline’s planes grounded since late March. The long-haul arm of AirAsia Group Bhd has also written down its 49% stake in Thai AirAsia X, the airline’s deputy chairman Lim Kian Onn said in an interview with the Star ...

Bloomberg Hedge fund Cyrus Capital is in negotiations with Flybe’s administrator, Ernst & Young, to reacquire some of the airline’s assets. A shareholder of Flybe before its collapse this year, Cyrus wants to relaunch a smaller version of the failed carrier next year, Sky reported, without saying how it obtained the information. Both Cyrus Capital and EY declined to comment ...

Bloomberg Asia’s largest retailer Fast Retailing Co sees profits growing slightly beyond analysts’ expectations this fiscal year, driven by a robust recovery from the Covid-19 pandemic in the Uniqlo owner’s key China and Japan markets. Operating profit will probably be 245 billion yen ($2.3 billion) for the year through August 2021, the Japanese company said in a statement. That compares ...

Bloomberg Prime Minister Scott Morrison’s government is adding more commercial flights from the UK, India and South Africa and boosting quarantine places so that more Australians stranded overseas by the pandemic can return home. Morrison said Qantas Airways Ltd will provide eight flights over coming weeks from London, New Delhi and Johannesburg. Australia’s capacity to let citizens and permanent residents ...

Bloomberg Nancy Pelosi remains hopeful a deal on a new stimulus bill can be reached before the November 3 election, but said that Monday is a deadline for more progress in talks with the White House to make that happen. “Are we going with it, or not? And what is the language?” the House Speaker said on ABC’s “This Week ...

Bloomberg A ceasefire between Azerbaijan and Armenia was in tatters hours after coming into effect, with both sides trading accusations of violations on Sunday. It’s the second truce brokered by Russia this month that has failed to stop the violence. Hundreds of people have been killed since the worst fighting in decades erupted between the countries over the breakaway region ...

Bloomberg Thousands of protesters — calling for the resignation of PM Prayuth Chan-Ocha’s government and reform of the monarchy — filled a busy traffic intersection in Thailand’s capital on Sunday, ignoring a ban on gatherings and threat of crackdowns by the police. Demonstrators braved rain to gather around Victory Monument, one of the main centers for Bangkok’s public transit, with ...

Bloomberg Guinean voters headed to the polls to pick a president after widespread protests over the incumbent’s bid to extend his 10-year rule. President Alpha Conde, 82, and former prime minister Cellou Dalein Diallo, 68, are the frontrunners in the 12-man race to lead the world’s top bauxite producer. Conde, who’s beaten Diallo twice before, is seeking a third term ...

Bloomberg Jacinda Ardern’s emphatic election victory is seen as an endorsement of an inclusive brand of leadership that may ripple beyond New Zealand’s borders. In an age of populism and confrontation, Ardern’s message of empathy and kindness married with skillful crisis management won her Labour Party its biggest share of the vote in more than 70 years. That contrasts starkly ...