Bloomberg Changes to a bill that opens up Brazil’s airline industry to foreign investment may scare off low-cost carriers, the head of the country’s aviation regulator said in an interview. The regulatory agency, known as Anac, is concerned that lawmaker-backed changes mandating airlines to fly to smaller airports and also forbidding them from charging for baggage could make Brazil unattractive …

Bloomberg Japan Airlines Co (JAL)’s domestic flights are being disrupted due to problems at its self check-in kiosks across the country, the company said. Passengers are checking in at staffed counters, which is taking time and causing boarding delays, the airline said in an emailed statement. The carrier had cancelled 18 flights as of 9 am local time, affecting about …

Bloomberg Nestle SA’s US unit will dismiss about 4,000 workers as it stops delivering frozen pizza and ice cream directly to stores and transitions to a warehouse model that’s becoming an industry standard for Big Food companies looking to trim costs. The company said that it’s shutting down its direct-to-store delivery network for products like DiGiorno and Skinny Cow beginning …

Bloomberg Walmart Inc wants to change how its work gets done. US’s biggest private employer is testing out a comprehensive new framework for how its stores operate, including changing some roles and responsibilities and emphasizing teamwork, accountability and skill improvement. The new model, dubbed “Great Workplace,” is already in place in about 75 locations, primarily its smaller Neighborhood Market grocery …

Bloomberg Dubai-based Arqaam Capital Ltd. and Abu Dhabi’s The National Investor are weighing a possible merger, according to people with knowledge of the matter. The investment banks are in talks about a combination that would create an entity with an equity value of about $250 million, according to one of the people, who asked not to be identified because the …

Bloomberg Saudi Arabia is set to supply more crude to oil-starved Asian refiners, and extract a heavy price for it. State-run producer Saudi Aramco will sell additional cargoes to customers in the world’s biggest oil-consuming region for June loading, according to people with knowledge of the matter. The shipments will be on top of those scheduled under long-term crude contracts, …

Bloomberg Norway’s Equinor ASA beat profit and cash-flow estimates after pumping more oil and gas than predicted. First-quarter results at the state-controlled producer cap a mixed series of earnings for the major oil companies as the industry turns a page on the 2014-2017 downturn. Supermajors BP Plc and Royal Dutch Shell Plc met or exceeded estimates thanks to trading gains …

Bloomberg India is considering a new tender to develop solar power equipment manufacturing that doesn’t include a requirement to also generate electricity, a move aimed at sparking investor interest, according to people with knowledge of the plan. In addition to separating manufacturing of solar cells and modules from generation, the government may also offer some form of financial aid. There …

Bloomberg An industry that didn’t exactly champion the rise of renewables may be a surprising beneficiary of Alexandria Ocasio-Cortez’s Green New Deal: utilities. The plan pressed by the freshman congresswoman from the Bronx aims to rid America’s power grids of carbon emissions. That could help speed up existing trends in the sector, including coal retirements and the increasing deployment of …

Bloomberg US equity-index futures extended declines on Tuesday alongside stocks in Europe as the gloom surrounding the outlook for global trade refused to dissipate. The dollar gained and Treasury yields were steady. Contracts on the S&P 500, Dow Jones Industrial Average and Nasdaq 100 all retreated as China’s top trade negotiator prepares to visit Washington this week to salvage a …