Bloomberg Germany has cleared the remaining three Bombardier Global 5000 jets in the government fleet to continue flying following the forced landing of one of the aircraft in Berlin. The cause of a recent emergency, which closed the capital’s Schoenefeld airport for several hours and led to widespread delays, is still being investigated but a “systemic failure” can already be …

Bloomberg Cathay Pacific Airways Ltd is cracking down on flight attendants taking in-flight supplies such as cutlery and ice cream, the South China Morning Post said, citing company and cabin crew sources. The Hong Kong carrier started spot checks by security officials at its home base to prevent such theft, long considered an unofficial perk by staff, the newspaper said. …

Bloomberg Supermarket operator Royal Ahold Delhaize NV lowered its profit forecast due to an 11-day strike at its Stop & Shop chain in the US that crippled sales, spoiled produce and drew support from several Democratic presidential candidates. The Dutch-Belgian retailer reached a tentative agreement with five local units, allowing employees to return to work. The strike affected 246 of …

Bloomberg TCI Co is in talks with a health food maker about a potential acquisition this year that’s aimed at diversifying its production base, the company says. The company hopes consumers will be more interested in the products it makes if it has factories outside China and Taiwan, executive deputy general manager William Liao said in an interview. TCI is …

Bloomberg Four Seasons Hotels & Resorts announced that it’s in the process of converting another private jet to its fleet in 2021, to replace the current one, which premiered in 2015 for extravagant group excursions. Like the previous model, the new plane allows travellers to book bespoke adventures around the world, with Four Seasons arranging the trip itinerary and lodging …

Bloomberg Crude leapt to its highest level in almost six months after the Trump administration said it wouldn’t renew Iran oil waivers for China, India and other countries once they expire in May. Futures in London traded near $74 a barrel after jumping as much as 3.3 percent and reaching the highest since early November in anticipation of the statement …

DUBAI / Emirates Business The digital transformation of the Middle East and North Africa (Mena) small- and medium-sized enterprises and smart cities is driving regional software spend to top $6 billion, industry experts announced on Monday. The Mena region is a fast-growth market for digital transformation, as organisations look to gain greater business agility, better understand customer needs and trends, …

Bloomberg Most US equities fell in light volume as investors prepared for a deluge of earnings news. Oil jumped after the White House said it will scrap waivers that allow the purchase of some Iranian crude. The S&P 500 Index fluctuated between small gains and losses, hovering about 1 percent below its all-time high. Tesla Inc fell after an analyst …

Bloomberg India’s benchmark stock index posted its biggest drop in four months on concern that the spike in the price of oil, the nation’s biggest import, may dampen the outlook for Asia’s third-biggest economy. The rupee and sovereign bonds also weakened. The S&P BSE Sensex declined 1.3 percent to 38,645.18 at the close in Mumbai, while the NSE Nifty 50 …

Bloomberg A panel named by India’s central bank to study its capital structure is likely to identify excess reserves of up to 3 trillion rupees ($43 billion), or 1.5 percent of gross domestic product, according to Bank of America Merrill Lynch. The view from BofAML lends itself to a debate over Reserve Bank of India’s reserves, with one school of …