U.S. carrier Breeze confirms buying 20 more Airbus A220 jets

WASHINGTON (Reuters) -Breeze Airways, the new U.S. carrier founded by entrepreneur David Neeleman, on Monday publicly unveiled an order for 20 more Airbus A220-330 aircraft as it looks to operate longer flights, confirming a Reuters report earlier this year.FILE PHOTO:…

Airlines' debt pile hits $456b as Covid chokes travel

LONDON (BLOOMBERG) – Airlines are piling on more debt as surging coronavirus cases force travellers to cancel plans and stay home. The industry’s outstanding debt has jumped 23 per cent since 2020 to US$340 billion (S$456 billion), according to data…

Asia makes watchful start, Nikkei nears 30-year high

SYDNEY (Reuters) – Asian shares made a guarded start on Monday to a week packed with important U.S. and Chinese economic data and the launch of Apple’s latest iPhones, while the Nikkei was tantalisingly near heights last visited in 1990.FILE…

The other virus: Businesses urged change to Covid-19 strategy

Lockdowns, mass self-isolations – dubbed the “pingdemic” overseas – industries closed: none of it helps the economy. Jane Phare talks to the business world about what they need to survive and thrive in a world dogged by Covid-19. Much like…

World shares bounce, dollar dips as Biden-Xi call helps mood

LONDON (Reuters) – Global shares rose and the dollar edged lower on Friday as news of a call between Xi Jinping and Joe Biden offered some relief to traders eyeing cautious central bank steps towards ending stimulus.FILE PHOTO: Signage is…