Bloomberg SpiceJet Ltd tumbled in Mumbai trading after India’s aviation safety regulator limited the number of seats the budget carrier can sell at 50% for eight weeks following several mid-flight incidents, a move that could severely hurt its ability to earn money. SpiceJet shares fell as much as 9.7% on Thursday, the biggest intraday decline since May 6 and ...

  Bloomberg Glossier, the direct-to-consumer beauty brand, is joining forces with Sephora to mass market its popular products. The deal is the brand’s first-ever partnership with a retailer. Beginning early next year, Glossier will appear in stores across the US and Canada and will be sold on Sephora.com and the Sephora app, Glossier said in a statement. The move looks ...

Bloomberg US President Joe Biden told Chinese President Xi Jinping that he doesn’t support a formal declaration of independence by Taiwan in the first conversation between the two leaders since March, the Beijing government said. Xi told Biden that it’s the will of the Chinese people to “resolutely safeguard China’s national sovereignty and territorial integrity” regarding Taiwan and that “whoever ...