Bloomberg Airbus SE Chief Financial Officer Harald Wilhelm will follow Chief Executive Officer Tom Enders out the door in April, deepening a shakeup of senior management as the European planemaker grapples with the future of the A380 superjumbo and a long-running bribery investigation. Wilhelm, 52, decided “in agreement with the board of directors” that he will leave in April after …

Bloomberg Asia, where more than a dozen new low-fare carriers started in the past two decades, got a new entrant in Japan Airlines Co. Japan’s second-largest carrier is deepening its bet in the market for frills-free air travel by setting up a carrier in July for medium-to-long-haul international flights from Narita International Airport, which serves Tokyo. The yet-to-be named carrier …

Bloomberg Ethiopian Airlines Enterprise will start serving Manchester in northern England from December, adding a second UK destination months before Britain is due to quit the European Union and 45 years after the carrier began flying to London Heathrow. The service from Addis Ababa will operate four times weekly using a Boeing Co. 787 Dreamliner jet in a two-class layout, …

Bloomberg After the giddy heights of January when its shares hit an all-time high, Tencent Holdings Ltd. has shed $78 billion in value as investors price in the costs of the Internet giant’s massive spending spree. Results on Wednesday are expected to show that rising costs and investments will hurt profitability at Asia’s biggest listed company. While Tencent has said …

Bloomberg Ferris Bueller may have missed his economics lesson on tariffs the day he cut class, but one of Washington’s biggest trade groups is making sure President Donald Trump and other policy makers don’t. The National Retail Federation (NRF) is starting an advertising campaign this week featuring actor and commentator Ben Stein, who’s reprising his role as the economics teacher …

Bloomberg OPEC has enough spare production capacity to cushion oil markets if the US re-imposes sanctions on Iran, according to United Arab Emirates Energy Minister Suhail Al Mazrouei. Three members of the Organization of Petroleum Exporting Countries — Saudi Arabia, Kuwait and the UAE — together have enough capacity, Al Mazrouei said in an interview with Bloomberg Television in Abu …

Bloomberg Dana Gas has reached an agreement with key holders of $700 million of its Islamic bonds to restructure the securities, seeking to end a legal battle. A committee representing sukukholders, including BlackR ock Inc and Goldman Sachs Group Inc, have agreed to terms that include two options for creditors, the company said in a statement. Dana Gas and creditors …

Bloomberg The fate of the flattening US yield curve now rests squarely in the words of Federal Reserve officials. Bond traders have already reached their verdict. The yield spread between 5- and 30-year Treasuries narrowed last week to as little as 26.2 basis points, the lowest since August 2007. The prospect of an inverted curve, which has presaged past recessions, …

Bloomberg Brace for a volatile day when Malaysia’s stock market reopens Monday after a three-day break that saw the opposition party win office for the first time in six decades. Malaysia’s FTSE Bursa Malaysia KLCI Index was shut for three days as Mahathir Mohamad led an alliance to unexpectedly beat the ruling Barisan Nasional coalition. In his first remarks as …

Bloomberg The price of crude in rubles has surged to an all-time high, but Russian oil producers will miss out on record first-quarter profit because of a rising tax burden. Investors in Lukoil PJSC or Rosneft PJSC — which is due to publish earnings on May 14 — will probably have to wait until later in the year to see …