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 …

Bloomberg Bombardier Inc. says it will deliver its first Global 7500 next week as the company’s biggest luxury jet makes its commercial debut two years later than initially planned. The planemaker is planning an event near Montreal on December 20 to mark the entry into service of its newest aircraft, according to a statement. The Global 7500, which can fly …