Bloomberg Goldman Sachs Group Inc. has been brawling with regulators over the Volcker Rule for years. And it’s still fighting even though officials appointed by President Donald Trump are now working to soften the landmark constraint on banks. Goldman said a revamp that regulators proposed earlier this year falls far short of what’s needed to ease undue burdens on Wall …

Bloomberg Sweden’s central bank said it wants all banks, and not just the biggest financial institutions, to be obliged to handle cash, as lawmakers seek ways to limit the nation’s rapid development into a cashless society. Commenting on a proposal by the parliament committee reviewing the central bank laws to force the biggest banks to handle cash, Riksbank Governor Stefan …

Bloomberg Boeing Co is creating a new unit to focus on technology that’s seemingly straight out of science fiction, including super-fast computing that mimics the synapses of the human brain and hack-proof communications links based on applied quantum physics. So-called neuromorphic processing and quantum communications, two of the futuristic technologies Boeing wants to explore, may seem an odd fit for …

Bloomberg Airbus SE is preparing for another round of management shakeup, according to people familiar with the matter, after overhauling most of its senior executive lineup. The European planemaker is considering changes in key sales positions that report to new commercial chief Christian Scherer — including several occupied by veterans who worked under longtime sales chief John Leahy, said the …

Bloomberg Ryanair Holdings Plc is putting plans for future share buybacks on hold due to uncertainty surrounding the UK’s proposed exit from the European Union. Europe’s biggest discount carrier completed a 750 million-euro ($863 million) program this month, but doubts over how a so-called Brexit will play out have forced to hold back on further announcements. “It makes very little …

Bloomberg Korean Air Lines Co. is considering a “large order” for widebody aircraft as part of a fleet expansion and to replace aging jets with fuel-efficient ones amid rising oil prices. The Seoul-based airline is evaluating twin-aisle airplanes from Airbus SE and Boeing Co., including the A350 and the 777X, President Walter Cho said in a media briefing at an …

Bloomberg Stores are so 20th century. At least that’s what many online brands believed. Companies like Warby Parker, Bonobos and Casper didn’t need physical locations to win over millennials and steal market share; a well-designed website was more than enough. And who could fault their logic? Given the brick-and-mortar carnage across America, the evidence seemed overwhelming. Then a funny thing …

Bloomberg Almost 84 percent of Southeast Asia’s planned and existing fossil fuel power plants are incompatible with future scenarios that avoid catastrophic damage from climate change, according a new study from the University of Oxford. The report, which comes on the heels of a major United Nations-backed study of the impacts of global temperatures rising 1.5 degrees Celsius (2.7 Fahrenheit), …

Bloomberg Buyout firm Warburg Pincus is considering a $3 billion sale of natural gas producer Navitas Midstream Partners LLC, people with knowledge of the matter said. Navitas has hired investment bank Jefferies Financial Group Inc. to run an auction process, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The company, which is …

Bloomberg Russia has started discussions with Exxon Mobil Corp. over possible new oil and gas projects, potentially creating a dilemma as the US government mulls more sanctions against the country. The consultations could expand existing cooperation between the US giant and state-run Rosneft PJSC, Russian government officials said, asking not to be named as the information isn’t public yet. The …