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European stocks little changed as DAX erases annual decline

  Bloomberg European shares were little changed, with Germany’s DAX Index erasing its annual drop, as investors assessed recent gains in light of the outlook for earnings and economic growth. Rebounding automakers posted the best performance of the Stoxx Europe 600 Index’s 19 industry groups. Volkswagen AG’s 1.4 percent advance buoyed the DAX, which entered a bull market last week, ...

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Indonesia airlines cleared to fly into United States

  AGENCIES Indonesia, an aviation market with one of the world’s worst safety records, had its air-safety rating upgraded by the US Federal Aviation Administration, a move that may add momentum to flag carrier PT Garuda Indonesia’s expansion plans. The Southeast nation’s transport ministry said it received a letter from the U.S. embassy saying Indonesia got elevated to Category 1, ...

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WeChat soon at 35,000ft in China

  Bloomberg Millions of flyers in China may soon see their wish come true: authorities are considering lifting restrictions on the use of mobile phones on planes, paving the way for wider in-flight connectivity that is now available only in developed markets. A legislation to amend regulations that limit the use of electronic devices on board is underway and the ...

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