Bloomberg Alaska Air Group can’t complete its merger with Virgin America unless it gives at least seven days advance notice to the San Francisco federal court judge presiding over a consumer antitrust case contending the tie-up is anticompetitive. US District Judge William Alsup issued an order warning Alaska Air that “any consummation will be subject to divestiture,” meaning any …

  Bloomberg Canada’s banks could see their costs rise by as much as 30 basis points under government proposals that would force them to take on a greater share of mortgage defaults, as policy makers seek to engineer a soft landing in the country’s housing market. The estimates, contained in consultation documents released by the country’s finance department, outline two …

  Bloomberg Mitsubishi UFJ Financial Group Inc. is considering opening offices in Kenya and Morocco to boost its African business as Japanese companies seek natural resource and infrastructure-related opportunities on the continent, a person with knowledge of the matter said. Japan’s largest bank has begun studying the possibility of opening the offices in the countries and no decision has been …