Bloomberg Bostjan Jazbec, a member of the European Central Bank’s Governing Council, will step down as the head of Slovenia’s monetary authority April 30, opening the way for a new government to choose his replacement after elections this summer. Jazbec will become a member of the Single Resolution Board, the European Union body responsible for the orderly winding down of ...

Bloomberg Alibaba Group Holding Ltd. is buying full control of the startup Ele.me as it steps up efforts to expand in China’s fast-growing market for local delivery of food and other services. The deal implies an enterprise valuation of $9.5 billion for Ele.me, Alibaba said in a statement, without saying how much it’s paying. Alibaba and affiliate Ant Small and ...

Bloomberg The US Air Force’s top general said the estimated cost to operate and maintain its version of Lockheed Martin Corp.’s F-35 jet is a serious issue that’s sparked a search for savings by the service and senior Pentagon acquisition and support officials. “Are O&S sustainment costs a major concern?” General David Goldfein, the Air Force chief of staff, said, ...