Bloomberg Fast Retailing Co., operator of the Uniqlo casual-wear brand, has applied to open stores in India as Asia’s largest clothing chain increases its reliance on overseas markets. The Japanese company submitted an application seeking government approval to do business in India under the Uniqlo brand name, according to a filing on India’s Department of Industrial Policy & Promotion website. ...

Bloomberg Rolls-Royce Holdings Plc is joining Airbus SE and Siemens AG in their quest to develop a 100-seater hybrid electric aircraft, giving the UK engine maker a seat at the table of a potential promising aviation technology. Rolls is tasked with helping develop a 2 megawatt electric drive for the aircraft, according to people with knowledge of the matter who ...

Bloomberg The rate of fatal crashes on privately owned aircraft in the US dropped to the lowest level in 50 years in 2016. The fatal-accident rate was less than 1 per 100,000 flight hours, the first time it has reached that level in decades, according to statistics released by the US National Transportation Safety Board. There were 386 people killed ...