Bloomberg The tussle between two of the world’s richest men — Jeff Bezos and Mukesh Ambani — to dominate India’s estimated $1 trillion retail market is testing foreign investor patience with flip-flopping court rulings. There have been new developments in Amazon.com Inc’s legal battle to block Ambani’s Reliance Industries Ltd from acquiring Future Retail Ltd’s assets, in what would be ...

Bloomberg Indonesia’s flag carrier PT Garuda Indonesia said it unilaterally ended a Bombardier leasing contract with Nordic Aviation Capital A/S and will return a dozen CRJ jets amid an ongoing bribery probe. The airline terminated the contract after a series of negotiations on price with Nordic Aviation yielded no satisfactory results, according to President Director Irfan Setiaputra. The 12 planes ...

Bloomberg The UK’s latest clampdown on air travel was met with alarm by industry executives, who called the restrictions complex and said they fear a worsening struggle for survival. Health Secretary Matt Hancock outlined details of new restrictions, including a hotel quarantine and multiple Covid-19 tests, coming into force from February 15 in an attempt to prevent dangerous new virus ...