Bloomberg Air New Zealand Ltd. is attempting one of its biggest-ever passenger recoveries, trying to rebook some 9,000 travellers stranded around the world or stuck at home, unable to fly due to floods in Auckland. With spare capacity on airlines already limited, the task has turned into a complex logistical puzzle for the New Zealand carrier. Some passengers are …

  Bloomberg Whirlpool Corp. said it expects easing raw material costs to provide relief to profitability in 2023, even as economic activity loses steam. The shares rose in late trading. The company expects inflation for inputs such as steel and resins to moderate, which, combined with a cost-cutting initiative, should lower expenses by $800 million to $900 million, Whirlpool said …

  Bloomberg The US and India plan to share advanced defense and computing technology, including the potential joint production of General Electric Co. jet engines, as the Biden administration seeks to shift New Delhi away from Russia and counter China. Details of the plan, known as US–India Initiative on Critical and Emerging Technologies, bolster Washington’s broader agenda of strengthening military, …