Bloomberg India’s petroleum consumption fell for the first time in more than two decades in 2020 as the coronavirus pandemic shuttered businesses and factories, hurting demand from one of the world’s largest users of the fuel. Total petroleum demand declined 10.8% last year from 2019, and was at a five-year low of 193.4 million tons, according to Bloomberg calculations of …

Bloomberg Boeing Co reached a $2.5 billion agreement to settle a criminal charge that it defrauded the US government by concealing information about the 737 Max, the ill-fated jet model involved in two fatal crashes that killed 346 people. The planemaker entered into a deferred prosecution agreement in the Northern District of Texas. In turn, the Justice Department will dismiss …

Bloomberg Amazon.com Inc has shuttered Prime Pantry, a grocery and household essentials delivery service that was one of the retailer’s early forays into selling food online. The program closed last week, an Amazon spokeswoman said, and thousands of products previously available under the Prime Pantry banner were folded into the company’s main retail site. Launched in 2014, Prime Pantry featured …