Bloomberg India’s new central bank governor has a list of challenges to face as he takes office: from fixing a banking crisis to convincing investors of the institution’s autonomy. Shaktikanta Das, 61, a former economic affairs secretary at the Finance Ministry, took charge at the Reserve Bank of India for a three-year term on Wednesday, two days after Urjit Patel …

Bloomberg UBS Group AG reached a deal worth hundreds of millions of Swiss francs to use Microsoft Corp cloud services in a bid to reduce costs while complying with strict Swiss privacy laws, according to people familiar with the matter. Switzerland’s largest bank may begin to store data at Microsoft’s purpose-built facilities near Zurich and Geneva as soon as next …

Bloomberg Lion Air Mentari’s owner is sketching out plans to become one of the world’s largest budget carriers, while also preparing to scrap $22 billion in Boeing jet orders out of anger at the manufacturer’s response to an October air disaster. Rusdi Kirana, the co-founder of Lion Air, Indonesia’s biggest airline, mapped out the seemingly contradictory goals in an interview …