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Amazon slams India’s Future Retail ‘fraud’ as truce talks fail

  Bloomberg Amazon.com Inc told India’s top court that truce talks to bury the dispute with cash-strapped Future Retail Ltd had failed, hours after it published newspapers notices warning the local retailer and its founders that any transfer of assets to Reliance Industries Ltd would trigger civil and criminal legal action. “We made efforts but nothing is possible,” Amazon’s lawyer ...

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Mumbai airport delays proposed dollar bond

  Bloomberg Mumbai International Airport Ltd has delayed a proposed dollar bond offering, according to people familiar with the matter, as market volatility prompts borrowers around the world to adjust their funding plans. The operator of India’s second-largest airport had said in an exchange filing in late February that it would be meeting with investors for the proposed issuance. But ...

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Russian air travel may disappear as commercial jets not serviced

  Bloomberg Russia’s commercial aircraft fleet could falter within months and risks being largely grounded in a few years as sanctions block essential spare parts from Boeing Co and Airbus SE, according to Jefferies Group LLC. “They’ll be able to fly for the next six months to a year fairly well, then parts start breaking and you’ll need replacements,” Jefferies ...

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