Bloomberg China’s imports of corn and feed grains are set to slump after the government increased the amount auctioned from state reserves and domestic prices dropped to a decade low, according to analysts. The government is offering about 7.9 million metric tons of corn from its stockpiles for a third week. That compares with 6 million tons offered in …

  Bloomberg The failure of Delta Air Lines Inc.’s worldwide computer network this week spotlights the vulnerability of the information systems sustaining the biggest US carriers, each of which has contended with major disruptions during the last year. Complex networks cobbled together over the decades need major overhauls requiring significant new investments, said Bob Edwards, a former chief information officer …

  Bloomberg Air Berlin Plc, the German airline that’s 29 percent-owned by Etihad Airways PJSC, said its second-quarter loss widened as costs increased as the carrier switched to an all-leased fleet and the euro declined against the dollar. The loss before interest and taxes almost quadrupled to 62.7 million euros ($69.9 million) from 15.9 million euros a year earlier, Germany’s …

  Bloomberg India’s finance minister has approved a proposal that clarifies how Apple Inc. could open stores in the fast-growing economy without initially having to source components locally, people familiar with the matter said. Arun Jaitley ratified a proposal that gives the information technology ministry the power to label a retailer of a single brand as a provider of cutting-edge …

  Bloomberg Tesla Motors Inc. marked the opening of its largest North American sales, service and delivery center in San Francisco, a key market from which Elon Musk’s electric-car maker will introduce its all-important Model 3 sedan late next year. Though Tesla is based in nearby Palo Alto, the 65,000-square-foot (6,039-square-meter) San Francisco center is the company’s first in the …

  Bloomberg What is the price of a view of Paris’s best-known monuments? France’s Socialist government will tell you. For all Saint-Germain-des-Pres’ charm, long gone are the days when a tiny 11 square-meter (118 square feet) furnished studio flat commanded 656 euros ($724) in monthly rent. Real-estate agency Inter Immobilier last month had to explain to the new owner of …

  Bloomberg Shares of Obayashi Corp. fell for a seventh day after a unit of the Japanese construction company was found to have done work on a San Francisco tower that is sinking. The shares dropped 4.9 percent to 956 yen at the close in Tokyo Tuesday after earlier falling as much as 8.6 percent, the largest decline since May …

  Bloomberg Pakistani financier Arif Habib’s bet on Karachi’s real estate is paying off as land prices in the nation’s financial capital surge amid rising demand and an improving security situation. Prices for Habib’s development in a 1,300-acre property at the northern tip of the city have more than doubled since 2012. Habib’s Javedan Corp.’s project called Naya Nazimabad offered …

  Bloomberg Billionaire Uday Kotak’s property fund is predicting a prolonged slump in India’s residential markets as home prices near record levels have crimped affordability, driving sales down. Residential markets across cities have slowed down, with the National Capital Region, comprising Delhi and its surrounding areas, being most hurt, according to Vikas Chimakurthy, senior executive director of the Kotak Realty …

  Bloomberg Walt Disney Co. reported third-quarter results that reflected tough times for its TV business and said it’s taking big steps in online video to adapt to changing consumer viewing habits. The world’s largest entertainment company said it will pay $1 billion for a one-third take in BAMTech, a technology and streaming business formed by Major League Baseball, and …