Bloomberg Avianca Brasil is in talks with Elliott Management Corp for a possible cash injection, according to people with knowledge of the matter. The airline, also known as Oceanair, is in early talks with the New York hedge fund led by billionaire Paul Singer to get fresh cash as it struggles to keep operations going after filing for bankruptcy protection ...

Bloomberg Reliance Industries Ltd will roll out its online shopping platform to 1.2 million retailers and store-owners in western India, starting on an ambitious plan to take on Amazon.com Inc and Walmart Inc.’s Flipkart on its home turf. Mukesh Ambani, Asia’s richest man, intends to take on the world’s largest retailers by combining his Jio telecom service, mobile devices and ...

Bloomberg Singapore has identified Lockheed Martin Corp’s F-35 Joint Strike Fighter as the most suitable replacement for its fleet of F-16 fighter jets and plans to buy a small number for evaluation, the Ministry of Defense said in a statement. The Air Force’s F-16s that were in service since 1998 will retire soon after 2030, Defense Minister Ng Eng Hen ...