Bloomberg India is the latest country to see age-old tensions between governments and central banks flare up as the era of easy money draws to a close. Prime Minister Narendra Modi’s government sent the central bank letters that cited a never-used power to overrule the Reserve Bank of India in a bid to push through measures that would unleash spending ...

Bloomberg Indonesian divers found the main wreckage of the Lion Air plane that crashed into the Java Sea, a breakthrough in a week-long search for victims and the cockpit voice recorder that holds the key to unraveling the reason for the accident. Divers who have been scouring a 270-square-mile area since the jet crashed on October 29 spotted the Boeing ...

Bloomberg Norwegian Air Shuttle ASA agreed to sell five Airbus SE A320neo narrow-body planes in a move that will boost liquidity amid a cash squeeze and rising oil prices. The discount carrier’s Arctic Aviation Assets unit signed an accord covering the jetliners, which are currently leased out to another operator, Norwegian said, without naming the buyer. The deal will lift ...