Bloomberg Nike Inc, Adidas AG and other footwear companies urged President Donald Trump to reconsider his tariffs on shoes made in China, saying the policy would be “catastrophic for our consumers, our companies and the American economy as a whole.” In all, 173 companies signed an open letter to the president, and posted on the industry trade association’s website. “On …

Bloomberg Ryanair Holdings Plc predicted that its customers will embrace Boeing Co’s stricken 737 Max jetliner once the model returns to service after being grounded in the wake of two air crashes in five months. “We see no indication yet from passengers of any concern about the Max aircraft,” Chief Executive Officer Michael O’Leary told Bloomberg TV in an interview …

Bloomberg Indonesia signalled it may ground Boeing Co’s 737 Max until next year, underscoring the challenges faced by the US planemaker as it races to get its fastest-selling jet back in the air after two fatal crashes. Even when the US Federal Aviation Administration (FAA) clears the plane, Indonesia will make its own decision after reviewing the proposed fixes, Director …