Bloomberg European stocks struggled for traction and US futures slipped on Tuesday as technology shares continued to weigh on equities following weakness among sector giants on Wall Street. The dollar rallied. The Stoxx 600 Index erased a gain as online food delivery service HelloFresh and semiconductor firm Infineon Technologies AG dragged the benchmark lower. Travel firms gained after the European …

Bloomberg Iraq, Opec’s second-biggest oil producer, said crude prices would probably remain around $65 a barrel in the coming months and announced it’s considering buying Exxon Mobil Corp.’s stake in one of the world’s biggest fields. The Organisation of Petroleum Exporting Countries and its allies — a 23-nation grouping known as Opec+ — will continue trying to keep crude prices …

Bloomberg A joint venture in Japan has scrapped plans for a coal-fired power plant, leaving the country with no new construction on the horizon as companies drop the dirty fuel amid tighter emissions rules and strong growth outlook for renewables. Kansai Electric Power Co and Marubeni Corp won’t move forward with a 1.3 gigawatt coal power project in Akita prefecture …

Bloomberg Airbus SE generated positive cash flow for the third quarter in a row, while warning that new coronavirus flareups threaten progress toward a recovery in air travel. The European planemaker reported 1.2 billion euros ($1.5 billion) in adjusted free cash flow between January and March, when aircraft deliveries surpassed the mostly pre-pandemic first quarter of 2020. Profit came in …

Bloomberg Kroger Co is diving into drone delivery, starting a pilot at a store near its Cincinnati headquarters. The supermarket chain is partnering with Drone Express, a unit of Telegrid Technologies, to deliver groceries from a store in Centerville, Ohio, later this spring, the companies said in a statement. The technology allows for deliveries of up to five pounds to …

Bloomberg Nigeria will deny entry to passengers who have visited India, Brazil and Turkey in the last 14 days to stop the import of coronavirus cases from the three countries. The travel advisory will take effect on May 4 and is subject to review after an initial period of 4 weeks, the Presidential Steering Committee on Covid-19 said. The government …

Bloomberg The European Commission proposed easing restrictions on business and leisure travel for those who have been fully inoculated against Covid-19, adding to signs of a gradual return to normalcy as vaccinations gather pace. The European Union’s executive arm recommended welcoming tourists from countries with relatively low infection rates as well as those who are fully vaccinated, according to a …

Bloomberg Dassault Aviation SA is poised to announce its largest-ever Falcon corporate jet next week, stepping up a push to compete toe-to-toe with the swankiest offerings from Bombardier Inc and Gulfstream. While Dassault has kept a tight lid on details, the industry is already abuzz with speculation that the plane will match or surpass rival jets in size, speed and …

Bloomberg Thailand will increase a mandatory quarantine period for all arrivals to two weeks in a setback to the country’s previous plans of gradually reopening its borders to foreign visitors. The Southeast Asian nation reduced the timeframe to seven days for vaccinated tourists and ten days for most others in a bid to boost its tourism sector. But the latest …

Bloomberg US equity futures climbed and stocks in Asia dropped on Monday as investors assessed inflation risks amid improving economic activity. The dollar held onto gains. Hong Kong led losses amid low volumes with Japan and China, as well as the UK, among markets closed for holidays. The US and European futures edged higher after the S&P 500 dropped from …