Archaeologists found a trove of 100,000 ancient coins at an excavation site in Maebashi, Gunma Prefecture, in central Japan on November 3, the national newspaper Asahi Shimbun reported, citing Maebashi municipal government officials.
25.10.2023 - 11:09 / skift.com / Tony Fernandes / Airlines
Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, and will list some of its businesses through a blank-cheque company, the Financial Times reported on Wednesday.
Capital A CEO Tony Fernandes has agreed to a deal with Aetherium Acquisition, a special purpose acquisition company, and plans to list several businesses through it next year, the FT reported, citing two people familiar with the deal.
This includes a new business extending the AirAsia brand to companies hoping to start airline franchises in developing countries, the report said.
The group has been evaluating fundraising options for a planned U.S. listing after it was hit by pandemic travel restrictions in Asia, leading Bursa Malaysia Securities to classify it as a PN17 company, or financially distressed, last year.
The potential fundraising also includes a $150 million loan from Bangkok Bank this month, FT said.
Capital A and Aetherium Acquisition did not immediately respond to Reuters’ requests for comment.
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Archaeologists found a trove of 100,000 ancient coins at an excavation site in Maebashi, Gunma Prefecture, in central Japan on November 3, the national newspaper Asahi Shimbun reported, citing Maebashi municipal government officials.
French air traffic control currently works on a system developed in the 1970s - sometimes still using paper strips to represent incoming planes. Though it has been regularly upgraded over the years, it is scheduled for a major overhaul in early 2024 due to rapid growth in air traffic.
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AccorInvest, a hotel owner-operator company that global hotel group Accor created in 2017, is seeing a rising share of its outstanding debt owned by one player, the hedge fund Sculptor, Bloomberg News reported on Tuesday.
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I took my son on his first cruise when he was just a few months old, and our family hasn't stopped cruising since.