Bloomberg Airlines need to adopt more robust pilot training to prevent accidents when pilots must manually take over during emergencies or are confused by automated flight systems, US regulators said. The Federal Aviation Administration (FAA) published what is known as an advisory circular on its website with extensive new training guidelines for carriers and other commercial aviation operators in …

  Bloomberg Alessandro Michele, the creative director who turned Gucci into a hit brand with younger generations, is leaving the Italian label. Kering SA, which owns the brand, announced Michele is stepping down in a statement. Gucci’s design office will oversee the label’s direction until a new creative organisation is announced, the company said. Michele, 49, helped turn the Florence, …

  Bloomberg China’s mega banks, led by Industrial & Commercial Bank of China Ltd., (ICBC) pledged financing support of at least 925 billion yuan ($129 billion) to property developers as part of a push to ease turmoil in the nation’s real estate market. ICBC, the world’s largest bank by assets, on Thursday said it would provide 655 billion yuan in …