Malaysia’s AirAsia X proposes paying 0.5% of $8.1 bln debt

AirAsia X Bhd (AAX) (AIRX.KL) is proposing to pay just 0.5% of debt owed to each of its creditors and to terminate all existing contracts so that it can restructure 33.65 billion ringgit ($8.1 billion) of liabilities, a document seen by Reuters shows.

New Eco-friendly Electric Vehicles Join Waste King’s Expanding Fleet

Waste King, the UK-based environmentally friendly waste collection and recycling services specialist, has started regenerating its vehicle fleet by investing in its first electrically powered trucks. In addition, it has added two ‘junk removal’ vehicles to its fleet, which is growing following continued increasing demand for its services.

Marketmind: Earnings face the inflation test

After weeks of debate about the supposedly transitory nature of higher inflation and its potential monetary policy implications, markets are about to find out how rising input costs impacted companies during the third 2021 quarter.