Bloomberg SpiceJet Ltd tumbled in Mumbai trading after India’s aviation safety regulator limited the number of seats the budget carrier can sell at 50% for eight weeks following several mid-flight incidents, a move that could severely hurt its ability to earn money. SpiceJet shares fell as much as 9.7% on Thursday, the biggest intraday decline since May 6 and …

  Bloomberg Glossier, the direct-to-consumer beauty brand, is joining forces with Sephora to mass market its popular products. The deal is the brand’s first-ever partnership with a retailer. Beginning early next year, Glossier will appear in stores across the US and Canada and will be sold on Sephora.com and the Sephora app, Glossier said in a statement. The move looks …

  Bloomberg HSBC Holdings Plc and Standard Chartered Plc maintained their best lending rates Thursday even as the city’s monetary authority raised its base rate to keep pace with the Federal Reserve, a move that will likely stave off some pressure on homeowners and businesses for now. Hours after the Hong Kong Monetary Authority (HKMA) said it would raise its …