Bloomberg De Beers sold the most diamonds since April in a sign the industry is starting to recover from a slump in demand last year, though the market will require more evidence of a sustained rebound. The Anglo American Plc unit sold $545 million of diamonds in its first sale of the year, traditionally one of the strongest buying periods ...

Bloomberg Island Express Helicopters Inc, the California-based charter company involved in the latest crash that killed retired basketball star Kobe Bryant, has been involved in four previous crashes over the past 35 years, two of them fatal, according to government records. While the company hasn’t had an accident since 2008, it was cited in 2016 for failure to perform mandatory ...

Bloomberg Ryanair Holdings Plc will reconsider its summer schedule and has warned employees of job cuts and base closures due to the protracted grounding of Boeing Co’s 737 Max jet, according to a memo to staff seen by Bloomberg. Europe’s biggest low-cost airline will redraw its summer 2020 timetable with 10 fewer planes, as it now only expects the first ...

Bloomberg People across the globe are stockpiling facial masks to protect themselves from the new coronavirus, depleting online malls and store shelves from California to Beijing. Yet their efficacy against an outbreak that’s claimed more than 130 lives remains uncertain. On Amazon and Alibaba, many shops peddling anti-virus masks had run out of stock as of Wednesday. Across China, Hong ...

Bloomberg Tokyo prosecutors raided the offices of a former lawyer for Carlos Ghosn, likely searching for documents that could be related to the indicted former auto titan’s escape to Lebanon from Japan, public broadcaster NHK reported. The lawyer, Junichiro Hironaka, has denied any involvement in helping Ghosn flee and a person who answered the phone at his Tokyo office on ...

Bloomberg Kotak Commodity Services Pvt, one of India’s top cotton exporters, will stop selling new cargoes to China on concern the spread of coronavirus may force the top buyer of the fiber to close ports and banks. The Mumbai-based company will look for new buyers of cotton in countries such as Bangladesh, Indonesia, Taiwan and Vietnam to make up for ...

Bloomberg Toyota Motor Corp is halting operations in China until February 9, joining a growing list of global companies that have cut back on business activities in China as a new coronavirus infection spreads, with more than 130 people killed already. “Given the various factors including the guidelines by the local and region governments and parts supply situation, as of ...

Bloomberg US Trade Representative Robert Lighthizer will be in India in the second week of February to finalise a trade deal ahead of President Donald Trump’s expected visit, according to people with knowledge of the matter. India is keen to sign an agreement during Trump’s visit and trade minister Piyush Goyal has invited Lighthizer to discuss the details of a ...

Bloomberg Developers for some of the world’s biggest wind farms are poised to get a boost from the European Union under a new strategy aimed at ensuring the industry makes a larger contribution to low-carbon power supplies. Energy Commissioner Kadri Simson said officials in Brussels are working on a package of measures that will help stimulate the offshore wind industry. ...

Bloomberg Secretary of State Michael Pompeo travels to Ukraine this week to persuade the country that US support remains undiminished in the wake of the impeachment saga. President Donald Trump’s continued hostility towards Kyiv — and Pompeo’s own recent comments — make that a harder sell. Pompeo will meet with President Volodymyr Zelenskiy and other senior officials during a one-day ...