Bloomberg Rolls-Royce Holdings Plc is expecting a sharp increase in the number of Boeing Co. 787 Dreamliner planes that will have to be grounded because of faults with the engine maker’s Trent 1000 turbine. The spike will occur ahead of a deadline next month for mandated inspections forced by durability problems, Rolls said in an emailed statement. The number of ...

Bloomberg Alibaba Group Holding Ltd. is leading the purchase of 10 percent of Chinese delivery service ZTO Express (Cayman) Inc. for $1.38 billion, a deal that’ll augment the e-commerce giant’s ability to ship packages around the globe. The Alibaba-led investor group includes its own logistics arm Cainiao, the company said in a statement that didn’t specify other buyers. Under an ...

Bloomberg AirAsia Group Bhd. shares fell to their lowest level in six months after India said it’s investigating Chief Executive Officer Tony Fernandes and other officials for allegedly paying bribes to influence local policy. India’s Central Bureau of Investigation said that the budget airline’s executives bribed Indian officials through middlemen to sway government decisions on aviation, including obtaining a flying ...