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Norse Atlantic to use Norwegian planes with fresh paint job

Bloomberg Norse Atlantic Airways is copying more than just the long-haul playbook of insolvent discounter Norwegian Air Shuttle ASA. It’s using the carrier’s old planes. The startup airline has agreed to lease nine Boeing Co. 787 jets formerly used by Norwegian, Norse Chief Executive Officer Bjorn Tore Larsen said in an interview. The new company, which announced that it plans ...

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Canadian retail sales bounce back

Bloomberg Canadian retailers got a boost in February after public-health authorities lifted lockdowns. Retail sales rise 4.0% on the month, preliminary data by Statistics Canada show. The bounce-back comes after a 1.1% drop in receipts in January and a 3.7% decline in December, when many businesses were forced to close because of a second wave of Covid-19 pandemic. But the ...

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US seeks to bolster defense ties with Quad partner India

Bloomberg The US sought to further strengthen defense cooperation with India as part of President Joe Biden’s push to develop closer ties with Asian partners amid widening differences with China. Secretary of Defense Lloyd Austin held talks with his Indian counterpart Rajnath Singh in New Delhi on Saturday to discuss opportunities to elevate the US-India defense partnership through regional security ...

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