Bloomberg Shell Plc may have difficulty paying for Russian gas supplies this month because the Kremlin wants payments transfered through UK-sanctioned Gazprombank JSC, according to two people familiar with discussions in Russia. Gazprom PJSC, the single largest provider of natural gas to the European continent, now only accepts ruble payments for supplies of the fuel to so-called ‘unfriendly’ states, …

  Bloomberg Japan’s energy importers are warning that the tumbling yen is exacerbating a surge in fuel costs, and may weigh on their bottom line and boost prices for consumers. While oil prices have slipped from the highs seen earlier from Russia’s war in Ukraine, the sharp weakening in the yen is likely to keep upward pressure on imported fuel …

  Bloomberg The world’s biggest nitrogen fertiliser company may be increasing its market share in Latin America, one of the most important crop-producing regions, as supplies ebb from Russia. Illinois-based CF Industries Holdings Inc is planning to increase its overseas shipments to regions plagued by fertiliser shortages, including Latin America, said Chief Executive Officer Tony Will. Brazil is the No. …

Bloomberg The US National Transportation Safety Board (NTSB) has been helping Chinese officials download two black-box recorders that were damaged in the mysterious crash of a Boeing Co 737 jetliner on March 21. The work to decipher the final sounds caught by cockpit microphones on the doomed jetliner is being carried out in the NTSB’s lab in Washington, spokesman Peter …

  Bloomberg Alaska Air Group Inc cancelled more than 100 flights as the carrier’s pilots picketed at five West Coast airports amid negotiations over a new labour contract. The airline scrubbed about 14% of its schedule in New York, according to data from Flightaware.com. Further flight cancellations could occur over the weekend due to the staffing disruptions, the Seattle-based company …

  Bloomberg Skyports Ltd, the UK-based company that operates infrastructure for flying taxis and other urban aviation devices, is expanding into Japan and Australia as it looks to build terminals for electric vertical take-off and landing aircraft. Skyports is working with partners Kanematsu Corp in Japan and Goodman Group in Australia, with an eye to starting commercial flights as early …

  Bloomberg The Points Guy LLC filed a motion to dismiss an American Airlines Inc lawsuit that the travel site violated company rules by letting frequent flyers manage their miles on platforms other than the carrier’s site. The travel agency alleges that the suit should either be “dismissed or transferred to a proper venue,” according to a legal document. American …

  Bloomberg British carmaker Lotus’s bid to move from bit player in the racy roadster market to mass relevancy rests on a 600-horsepower electric SUV. China’s Zhejiang Geely Holding Group Co, which in 2017 purchased a majority stake in the heritage brand, revealed the Lotus Eletre in London, where it was driven onstage by Formula 1 champion Jenson Button. The …

  Bloomberg Ford Motor Co is boosting its electric-vehicle lineup with seven new models over the next two years across its passenger car and commercial van range to target sales of more than 600,000 battery-powered vehicles. The US carmaker is also doubling to $2 billion its planned investment at its key European production site in Cologne, Germany, to make electric …

  Bloomberg Sony Group Corp. introduces a new video game subscription service for the PlayStation, said people familiar with the plans. The service, which has been in development under the codename Spartacus, is Sony’s answer to Microsoft Corp.’s Xbox Game Pass, a sort of Netflix for video games that has amassed more than 25 million subscribers. Sony’s will debut with …