Bloomberg Occidental Petroleum Corp’s Algerian oil and gas assets are a core holding and will no longer be listed for sale, Chief Executive Officer Vicki Hollub said on a conference call with analysts. In May, Occidental’s proposed sale of its Algerian assets to Total SE was blocked by the North African country, putting further pressure on the shale driller as …

Bloomberg India’s aviation regulator suspended two senior executives at the local affiliate of AirAsia Group Bhd after a pilot alleged there were safety lapses at the airline and subsequently was fired. AirAsia India’s head of operations, Manish Uppal, and head of safety, Mukesh Nema, were suspended for three months, Arun Kumar, chief of India’s Directorate General of Civil Aviation (DGCA), …

Bloomberg IndiGo, India’s biggest airline, plans to raise as much as 40 billion rupees ($534 million) by selling new shares after the coronavirus pandemic halted air travel across the world, ravaging the cash flow of carriers. The board of the airline, operated by InterGlobe Aviation Ltd, approved raising cash by selling shares to institutional investors, it said in a statement …