Bloomberg Australia is banning all flights from pandemic-ravaged India until at least May 15 as the South Asian nation battles what PM Scott Morrison described as a “terrible crisis.” In a bid to ease pressure on Australia’s system of mainly quarantining returned residents from overseas in inner-city hotels, Morrison had already announced a 30% cut in flights entering from India. …

Bloomberg Pick n Pay Stores Ltd’s next chief executive officer, Pieter Boone, plans to accelerate his predecessor’s eight-year turnaround of the South African grocer by focusing on stores that cater for lower-to-middle income consumers and by boosting online sales. “Pieter speaks of evolution and acceleration, rather than revolution,” David North, Pick n Pay’s executive for strategy, said in an interview. …

Bloomberg L Brands Inc’s Victoria’s Secret has restarted talks with buyers about a potential sale, and is seeking more than double the $1.1 billion value it had last year in a failed deal, according to people familiar with the matter. After strong recent sales, the company could now target a valuation of at least $2 billion to $3 billion in …