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      Garuda Indonesia Seeks More Debt as Rising Costs, Fuel Bite

      PT Garuda Indonesia is planning to raise more debt and has negotiated longer payment terms with main fuel supplier PT Pertamina, the airline said in an earnings call, as soaring oil and maintenance costs extended losses to a sixth straight quarter.

      Source: Bloomberg
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud