Bloomberg China Feihe Ltd, an infant formula producer, is restarting preparations for a Hong Kong initial public offering that could raise as much as $1 billion, people with knowledge of the matter said. The Heilongjiang-based company plans to sell shares as soon as this year, according to the people. Feihe is working with China Merchants Securities Co and JPMorgan Chase …

Bloomberg The grounding of Boeing’s 737 Max after a second crash is poised to start percolating through major US economic indicators ranging from international trade to durable goods, according to JPMorgan Chase & Co. For now, the issues affecting the aircraft probably won’t have a short-run impact on gross domestic product because production continues, but they will affect the composition …

Bloomberg Mubadala Development Co, the Abu Dhabi sovereign fund, and Chinese internet giant Tencent Holdings Ltd are weighing bids for part of Temasek Holdings Pte’s stake in global retailer AS Watson Group, people with knowledge of the matter said. The Singapore state investment company is considering selling around a 10 percent stake in AS Watson for about $3 billion, according …