Bloomberg The Lion Air plane that crashed last week had faulty airspeed readings during its last four flights, Indonesia said, asking Boeing Co. to take corrective measures on the aircraft to prevent similar accidents. Indonesia’s National Transportation Safety Committee is collecting data related to the recovery efforts made during the prior malfunctions, the agency said in a statement on Monday, ...

Bloomberg Did Michael Kors Holdings overpay for Versace? The market said yes, but some analysts see something different. The stock got two upgrades in the past two days, with analysts at UBS Group AG and Piper Jaffray both citing the potential for Versace to drive gains after the stock was punished for the $2.2 billion acquisition in late September. Michael ...

Bloomberg South African Airways is working to find ways to roll over 9.2 billion rand ($642 million) of debt by March as the loss-making state-owned carrier works to make more routes profitable, Chief Executive Officer Vuyani Jarana said. While gross profit margins were negative on most routes when he started a year ago, domestic and regional routes are now making ...