Bloomberg Hinduja Group Ltd is partnering with private equity firm Cerberus Capital Management LP in seeking to pick up a stake in embattled Yes Bank Ltd, according to people familiar with the matter. Representatives of Cerberus and the UK-based Hinduja group, run by brothers Gopichand Hinduja and Ashok Hinduja, met Reserve Bank of India officials earlier this month regarding the ...

Bloomberg Air France-KLM warned the coronavirus outbreak will wipe as much as 200 million euros ($216 million) from earnings, hammering home the financial impact of the crisis even thousands of miles from its epicenter in China. The estimate includes losses from halting flights to the Asian nation this month and next, and assumes that services will resume in April, the ...

Bloomberg Aviation enthusiasts take note: Look for bigger jets flying around North America over the next two months as the coronavirus forces carriers to redeploy some of their largest aircraft from suspended China routes. The US carrier with the most service to China, United Airlines Holdings, is moving 19 wide-body aircraft to mainly domestic service through April 23, when discontinued ...