Bloomberg The UK warned that flights may be grounded if the European Union doesn’t grant reciprocal approvals to its planes and airlines in the case of a no-deal Brexit — a scenario it maintains remains unlikely, despite a recent setback in negotiations. Britain will continue to recognise European Aviation Safety Agency certifications for up to two years after March 29, ...

Bloomberg Sears Holdings Corp. is reviewing a proposal by Chief Executive Officer Eddie Lampert to keep the retailer alive by restructuring its debts and selling real estate. Plans outlined in regulatory filings include cutting debt by about 78 percent to $1.2 billion and extending near-term maturities, with annual interest savings of 80 percent. The proposal came from ESL Investments Inc., ...

Bloomberg Unilever is campaigning to convince a growing number of dissenting UK shareholders that the company’s plan to consolidate its headquarters in the Netherlands has merit. The Anglo-Dutch consumer giant’s move to Rotterdam will have “great benefits” for UK investors, Chief Financial Officer Graeme Pitkethly said in a Tuesday interview with the BBC Radio 4 station, noting that they would ...