Bloomberg Hours after taking office, President Joe Biden made good on a campaign promise to cancel the Keystone XL oil pipeline. Later that day his Interior Department mandated that only top agency leaders could approve new drilling permits over the next two months. Next week, according to people familiar with the plans, Biden will go even further: suspending the sale …

Bloomberg Boeing Co set a target of designing and certifying its jetliners to fly on 100% sustainable fuels by 2030 amid rising pressure on planemakers to get serious about climate change. Regulators currently allow a 50-50 blend of sustainable and conventional fuels, and Boeing said it would work with authorities to raise the limit. Rival Airbus SE is considering another …

Bloomberg Airbus SE slowed the pace of a planned ramp-up in jetliner production, after a global surge in coronavirus cases dealt a fresh blow to demand. Output of the A320-series narrow-body, Airbus’s best-selling model, will now rise gradually to 45 per month through the fourth quarter, the European planemaker said in a statement. It had previously targeted a faster jump, …