China is hoping to become the Detroit of the battery-powered electric-vehicle industry. Sales of EVs are expected to reach 1 million this year alone, and the government has big plans for expansion. But this welcome trend comes with a perplexing side effect: China is now using up more lithium-ion batteries than anywhere else in the world. What to do with ...

Bloomberg Boeing Co.’s newest and smallest 737 Max jetliner took flight for the first time, into blue skies—and a cloudy, crowded market. The takeoff, on March 16 by Boeing’s factory outside Seattle, was characteristically drama-free for the third of four planned models in the Max family. The plane touched down at Boeing Field at 12:59 pm on March 16. Boeing’s ...

Bloomberg Emirates is set to raise $600 million from the sale of Islamic bonds as the world’s biggest airline by international passengers joins a rush of borrowers from the Gulf region. The Dubai government-owned carrier sold 10-year amortising sukuk at a profit rate of 4.5 percent, the company said in an emailed statement. The yield was cut from an initial ...