Bloomberg Boeing Co and Airbus SE are in talks with the new owners of Air India Ltd about an order for a raft of new planes, according to people familiar with the matter, part of a plan to rejuvenate the ailing carrier and its aging fleet. Tata Sons Pvt, which acquired the debt-laden airline from the Indian government last ...

Bloomberg British Airways canceled more than 150 short-haul flights to and from its London Heathrow hub through midday, citing “continuing technical issues” following a systems outage. Morning departures to Milan, Geneva and Aberdeen were among those scrapped, with the carrier predicting further disruption through the day and advising people to check the status of their flight before heading to the ...

  Bloomberg Singapore Airlines Ltd swung back to quarterly profit for the first time since the onset of the pandemic, helped by strong cargo demand and the island city’s sustained efforts to revive international travel. The carrier reported net income of S$85 million ($63 million) for the third quarter ended on December 31 versus a loss of S$142 million the ...

  Bloomberg Lowe’s Cos beat Wall Street’s sales expectations and raised its full-year outlook as professional contractors increasingly turn to the home-improvement retailer for their materials. The company now predicts comparable sales will rise as much as 1% this year, according to a statement, compared with an earlier forecast calling for at best no change from the prior year. Gross ...

  Bloomberg Delta Air Lines Inc suspended a marketing agreement with Aeroflot, Russia’s national airline, after the country invaded Ukraine. Withdrawal of the code-sharing accord, an industry practice that enables passengers to book a multicarrier trip through one airline, is effective immediately, Delta said. The suspension means Delta will no longer book passengers flying through Los Angeles and New York ...

  Bloomberg Reliance Industries Ltd is taking over 200 stores from struggling Future Group and transferring 30,000 workers from the Future Retail and Future Lifestyle operations, Business Standard reported. Future Group’s financial problems have led landlords to terminate leases, with a number of them contacting Reliance to negotiate new agreements for the 200 outlets, the newspaper said, citing an unidentified ...

Bloomberg Russia’s plans for Ukraine face rapidly rising costs due to delays caused by tougher-than-expected resistance from forces on the ground, even as its military retains overwhelming advantages. A person familiar with Russian planning said the military would have hoped for faster progress. The Kremlin has declined to comment on details of the military operation, and its Defense Ministry says ...

Bloomberg President Joe Biden’s approval rating fell to a record low in a new Washington Post-ABC News poll, with 37% saying they approve of the job he is doing and 55% saying they disapprove ahead of his first State of the Union address on Tuesday. When asked which party they would prefer control Congress, 50% said they would rather have ...

  Bloomberg Japan should discuss a possible sharing of nuclear weapons similar to that of Nato members in the wake of the Russian invasion of Ukraine, former Prime Minister Shinzo Abe said Sunday. Nato’s nuclear sharing arrangements let the U.S. keep its nuclear weapons in Europe under its custody. “Many people in Japan probably don’t know about the system,” Abe ...

  Bloomberg North Korea followed up January’s record barrage of missile tests with the firing of a suspected mid-range ballistic rocket on Sunday, ramping up tensions as global attention is focused on Ukraine. The projectile reached an apogee of about 600 kilometers (375 miles) and flew at a range of about 300 km before splashing down in waters outside of ...