Bloomberg Business

Taiwan’s DPP Apologizes in #MeToo Case as Tsai Backs Probe

Officials from Taiwan’s ruling Democratic Progressive Party publicly bowed and apologized Friday for the handling of a series of sexual harassment complaints in recent days, with President Tsai Ing-wen backing plans for an investigation into the latest scandal.

SBB Attracts Brookfield Interest in Bid to Rescue Landlord

Swedish landlord SBB has attracted interest from investors including Brookfield Asset Management, as the property tycoon at the center of the country’s real estate crisis faces an uphill battle to save his $13 billion empire.

Philippine Billionaire Ang Boosts Stake in San Miguel Parent

Philippine billionaire Ramon Ang will increase his stake to over a third in Top Frontier Investment Holdings Inc., the parent company of food-to-power conglomerate San Miguel Corp., where he is both president and CEO.

Airlines Scour Globe for Capacity as Plane Shortage Takes Toll

The massive aircraft deals announced this year — from Air India’s record 470-plane order in February to newcomer Riyadh Air building a large fleet from scratch — are testament to the optimism about a post-pandemic rebound.

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