Bloomberg Norse Atlantic Airways is copying more than just the long-haul playbook of insolvent discounter Norwegian Air Shuttle ASA. It’s using the carrier’s old planes. The startup airline has agreed to lease nine Boeing Co. 787 jets formerly used by Norwegian, Norse Chief Executive Officer Bjorn Tore Larsen said in an interview. The new company, which announced that it plans …

Bloomberg Canadian retailers got a boost in February after public-health authorities lifted lockdowns. Retail sales rise 4.0% on the month, preliminary data by Statistics Canada show. The bounce-back comes after a 1.1% drop in receipts in January and a 3.7% decline in December, when many businesses were forced to close because of a second wave of Covid-19 pandemic. But the …

Bloomberg Volkswagen AG plans to widen cost-saving efforts and standardise key technologies as the German manufacturer seeks to rival Tesla Inc. on electric cars and keep traditional rivals at bay. VW targets 1 million electric-vehicle sales this year and aims to become the global EV market leader by 2025 at the latest, the company said. By 2030, the share of …