Bloomberg An interim report into the deadly Boeing Co 737 Max crash in Ethiopia that led to the grounding of the US company’s top-selling model is set to be released in time for the first anniversary of the tragedy. The report will be published by March 10, Ethiopian Transport Ministry spokesman Musie Yehyies told Bloomberg. The decision not to release ...

Bloomberg The airline industry expects the first annual decline in global passenger demand in 11 years, after tallying up the initial impact of the thousands of flights cancelled because of the coronavirus outbreak in China. The estimate shaves about 4.7 percentage points off of a passenger-traffic forecast issued just two months ago, with almost all of the impact in the ...

Bloomberg PepsiCo Inc plans to buy online snacks company Hangzhou Haomusi Food Co — known as Be & Cheery — for $705 million from Haoxiangni Health Food Co as the maker of Doritos and Lay’s potato chips expands in China. Be & Cheery’s products includes nuts, dried fruits, meat snacks, baked goods and confectionery items that are sold mainly online ...