Bloomberg Former Wall Street trader Edgar Fernandez used some of his Bitcoin as collateral to borrow nearly $100,000, a move that let him keep his cryptocurrency and avert a tax bill on the newly acquired cash. The tax perk stems from a longstanding principle that assets aren’t taxed until sold, much like borrowing against stock holdings. Yet digital currency carries …

Bloomberg Rolls-Royce Holdings Plc said it will accelerate a program to install redesigned blades on some of its Trent 1000 engines, after early wear forced Singapore Airlines Ltd to grounded two 787 aircraft using the turbines. The latest setback for the Trent 1000 TEN, used on Boeing Co 787 Dreamliner jets, came after the UK engine maker sampled a small …

Bloomberg Boeing Co says it needs more time to finish a software upgrade for its grounded 737 Max jetliners as company engineers update a stall-prevention system linked to two fatal crashes in five months. The planemaker said it would submit final paperwork for the revamp to the Federal Aviation Administration by March 29 to make the system — known as …

Bloomberg Retail tycoon Philip Day is bidding for Bonmarche Holdings Plc after buying a majority stake in the UK clothing chain, as he vies with billionaire Mike Ashley to dominate the nation’s struggling high street. Day is required to make a mandatory cash offer for Bonmarche at about 11.44 pence a share after acquiring 52 percent of voting rights in …

Bloomberg Ryanair Holdings Plc was one of the 10 biggest polluters in Europe last year, a first for a company that doesn’t run coal-fired power plants. That’s the conclusion of analysis of European Union carbon emissions data undertaken by Transport & Environment, a Brussels-based research group. The group found Ryanair’s carbon dioxide emissions rose 6.9 percent last year. The findings …

Bloomberg Walmart Inc will let customers order groceries by voice through Google’s smart-home assistant, an attempt to counter Amazon.com Inc’s growing clout in e-commerce. Beginning this month, Walmart shoppers can add items directly to their online shopping carts by saying “Hey Google, talk to Walmart.” Information from prior purchases will help identify the correct brand and size — like whether …

Bloomberg Global socially responsible investments grew by 34 percent to $30.7 trillion over the past two years, lifted by Japanese pension funds, retail investors everywhere and broad, growing concern about climate change. Europe remains the biggest region for sustainable investors with about $14 trillion devoted to these strategies, up 11 percent from 2016, according to the biennial report from the …

Bloomberg Stocks strengthened worldwide as strong manufacturing data out of the world’s second largest economy helped ease investor worries about a slowdown in global growth. Treasuries extended losses after as a gauge of US factories topped estimates in March. The S&P 500, Dow and Nasdaq were all in the green. Shares of Lyft dropped below its IPO price as analysts …

Bloomberg India’s benchmark stocks gauge rose for a third day on Monday to close on the verge of a record. Expectations that the central bank will this week announce its second interest-rate cut for 2019, and a national election that will see Prime Minister Narendra Modi reelected helped boost sentiment in a market that capped its best quarter since June …

Bloomberg Bitcoin advanced to the highest level of 2019, the latest milestone for cryptocurrencies as they claw back from a year that saw three-quarters of their market value wiped out. The biggest digital coin on Monday rose as much as 1.6 percent to $4,135.60, the top intraday level since December 24, according to weekday trading data compiled by Bloomberg. So-called …