Virgin Australia Holdings Ltd. will cut a third of its workforce under the ownership of Bain Capital as the buyout firm attempts to resurrect the airline during the industry’s worst-ever crisis.
Welcome to Wednesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
New Zealand employment fell less than forecast in the second quarter and the jobless rate unexpectedly declined even as the economy slumped.
The world gawked two years ago when Apple Inc.’s market value crossed $1 trillion for the first time. But the feat was less noteworthy when viewed from another perspective: relative size.
Donald Trump Jr. took to Twitter on Tuesday to oppose a mining project in southwestern Alaska that his father’s administration has previously supported.
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