Bloomberg Federal regulators hit Boeing Co with proposed fines totalling $19.7 million for allegedly installing unapproved cockpit equipment in hundreds of 737 Max and Next-Generation aircraft. The company put the devices into a total of 791 planes even though the aircraft weren’t certified for the devices, the Federal Aviation Administration (FAA) said in a press release. The fine would be …

Bloomberg Target Corp has joined Kroger Co in limiting purchases of items like hand sanitiser and disinfecting wipes in response to widespread stockpiling due to the coronavirus. Target began restricting customers to six items per person, spokeswoman Danielle Schumann said. Signs posted in stores say the move is “due to high demand.” Kroger made a similar move earlier this month, …

Bloomberg A few years ago, Amazon.com Inc’s quick delivery team debated doing something radical for the e-commerce giant: asking shoppers to consider the environment. The team building Amazon’s Prime Now same-day delivery service knew that the quickest delivery options tended to be the worst for the planet. A guaranteed one-hour delivery window sometimes meant sending couriers in mostly empty vehicles …

Bloomberg Thailand’s aviation regulator said airlines should ask passengers coming from high-risk territories for health certificates to establish they are free of the new coronavirus. Travellers who can’t provide documentation should be prevented from boarding flights to the Asian nation, according to a Civil Aviation Authority of Thailand notice posted. Carriers are liable for treatment costs if they fly in …

Bloomberg Oil crashed more than 30% after the breakup of the Opec+ alliance triggered an all-out price war, with both Russia and Saudi Arabia poised to flood the market with cheap oil. The former allies pledged swift retribution for the collapse of the cartel’s meeting last week, with the Gulf kingdom slashing its official crude prices and threatening record production, …

Bloomberg The plunge in international oil prices has a potential upside for South Africa’s debt-stricken state power utility. Eskom Holdings SOC Ltd can’t generate enough power from its coal-fired power stations to meet demand, and burnt through diesel worth 6.5 billion rand ($407 million) at its open-cycle gas turbines in its last financial year to try and avert or limit …

Bloomberg Iberdrola SA agreed to buy the 30% stake it didn’t already own in a wind farm project off the coast of France that will cost an estimated 2.4 billion euros ($2.73 billion) to build as the Spanish utility pursues its fast expansion in the clean power market. Iberdrola, which already had 70% in the Bay of Saint-Brieuc project, is …

Bloomberg Oil prices crashed, equities plunged and Treasuries soared on Monday as the world headed for a full-blown price war in crude and panic appeared to grip financial markets. In a dramatic start to the week across assets: Futures on the S&P 500 Index fell about 5%, triggering trading curbs designed to limit the most dramatic moves while cash markets …

Bloomberg Sovereign bonds in India rose to their highest in more than a decade and stocks fell the most since 2015 amid rising risks to the nation’s financial system along with a plunge in crude that led to panic sell-off of risk assets globally. The yield on the benchmark 10-year debt slid below 6% for the first time since 2009. …

Bloomberg India, home to one of the world’s worst piles of bad debt, once again finds itself defending the stability of its financial system after the biggest bank failure in its history. The Reserve Bank of India (RBI) took to Twitter to affirm the safety of deposits in the wake of a decision to seize Yes Bank Ltd. and invite …