United States · Markets & Finance · Bloomberg

Garuda Turns to Share Sale as Fuel Eats Into $1.4 Billion Rescue

Published by Bloomberg · United States 1 h ago

Flag carrier PT Garuda Indonesia’s finances deteriorated further just months after a $1.4 billion rescue by sovereign wealth fund Danantara, as surging fuel costs wiped out its…

Read the full article on Bloomberg Sign in to save

MediaNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.bloomberg.com)

Also worth reading

Seeking Alpha

Thursday’s Economic Calendar

CNBC

South Korean President Lee pushes back on Alaska LNG project after Trump touts Seoul's participation

NYT Business

Trump’s New Tariffs Get a Familiar Day in Court

Cointelegraph

CFTC seeks to define event contracts as swaps amid prediction market fight

Fortune

Investors thought they were buying pre-IPO OpenAI and SpaceX shares. Their cash went to strip clubs, Bloomingdale’s, and shopping on Amazon, SEC alleges

Business Insider