Bloomberg BP Plc boss Bob Dudley is planning to step down, and the energy giant’s board is yet to decide on the timing. “I said a long time ago that around the age of 65 I would” step down, Dudley told reporters on the sidelines of the Russia Energy Week conference in Moscow. Dudley took over as chief executive officer …

Bloomberg United Parcel Service (UPS) Inc won US certification to fly drones under regulations similar to those for airlines, a milestone that allows the company to vastly expand airborne deliveries. The Federal Aviation Administration (FAA) gave the courier permission to use delivery drones at hospital, university and corporate campuses with few restrictions, for example, letting operators fly the aircraft at …

Bloomberg Rahul Bhatia, co-founder of Indian budget airline IndiGo, has filed an arbitration request against his partner Rakesh Gangwal in a London court, involving the judiciary for the first time in a feud between the two billionaire owners over allegations of corporate governance lapses. Bhatia and his holding company filed the claim to the London Court of International Arbitration, IndiGo’s …