Bloomberg Billionaire Lucio Tan, who controls Philippine Airlines Inc., denied reports about a forthcoming stake sale days after ANA Holdings Inc. confirmed it’s in talks with the carrier’s listed parent PAL Holdings Inc. There’s “no plan” to sell, Tan, 84, said in an interview on the sidelines of a central bank event in Manila. News that a stake sale is …

Bloomberg Delta Air Lines pushed back the US debut of Airbus’s newest aircraft by a week because it can’t get needed approvals for the flights from the Federal Aviation Administration during the government shutdown. Inaugural flights of the Airbus A220 will be reset to February 7 from January 31, Morgan Durrant, a Delta spokesman, said. Other aircraft will be substituted …

Bloomberg In the environmentalist mantra “reduce, reuse, recycle,” almost all of the attention has been paid to recycling. Now some of the world’s biggest consumer brands are trying to shift the focus to the second R, with a programme that provides products in reusable containers that can be returned for a refund. The durable packaging programme, called “Loop” — a …