Bloomberg Few countries conjure up images of financial ruin like Iceland. Its economy was famously gutted in 2008 when its over-sized banks all collapsed within weeks of each other. A decade later, the island nation is still trying to crisis-proof its financial system. A key goal is to shield banking operations that are vital to the economy, such as deposit-taking, …

Bloomberg Boeing Co. may need to rethink one of the most distinctive features of its proposed new mid-range jet—a small cargo hold—to win over customers in Asia, potentially the plane’s largest market. The manufacturer faces a “cargo conundrum,” for the jetliner dubbed the 797 by industry observers, said Domhnal Slattery, founder and chief executive officer of Avolon Holdings Ltd., the …

Bloomberg Airbnb Inc. hired Greg Greeley, the head of Amazon.com Inc.’s Prime business, as president of its main home-rental unit. Greeley, who had been at Amazon for more than 18 years, helped the retail giant expand the Prime membership service internationally. He announced his resignation on LinkedIn. Airbnb said he will join the San Francisco-based company on March 18. At …