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  Bloomberg Amazon.com Inc told India’s top court that truce talks to bury the dispute with cash-strapped Future Retail Ltd had failed, hours after it published newspapers notices warning the local retailer and its founders that any transfer of assets to Reliance Industries Ltd would trigger civil and criminal legal action. “We made efforts but nothing is possible,” Amazon’s lawyer ...

  Bloomberg Mumbai International Airport Ltd has delayed a proposed dollar bond offering, according to people familiar with the matter, as market volatility prompts borrowers around the world to adjust their funding plans. The operator of India’s second-largest airport had said in an exchange filing in late February that it would be meeting with investors for the proposed issuance. But ...

  Bloomberg Russia’s commercial aircraft fleet could falter within months and risks being largely grounded in a few years as sanctions block essential spare parts from Boeing Co and Airbus SE, according to Jefferies Group LLC. “They’ll be able to fly for the next six months to a year fairly well, then parts start breaking and you’ll need replacements,” Jefferies ...

  Bloomberg More than 100 international flights will be diverted away from Shanghai to other cities to ease pressure on quarantine hotels and isolation facilities in the financial hub as China battles growing pockets of Covid-19. A total of 106 flights on 22 routes will be diverted between March 21 and May 1, state broadcaster CCTV reported, citing a statement ...

  Bloomberg London’s Heathrow Airport, British Airways (BA) and Virgin Atlantic Airways Ltd are dropping mask requirements as the country scraps remaining Covid-19 travel curbs despite a new flareup in cases. Masks will no longer be needed in Heathrow terminals, rail stations or office buildings from Wednesday, the airport said in a statement. IAG SA-owned British Airways and Virgin will ...

  Bloomberg Hennes & Mauritz (H&M) AB said sales growth accelerated as the Swedish retailer reduced the level of markdowns on its garments. Revenue rose 23% excluding currency shifts in the three months through February. Sales amounted to 49.2 billion kronor ($5.1 billion). Analysts expected 49.1 billion. Like other retailers, H&M decided to temporarily pause sales in Russia, its sixth-biggest ...

Bloomberg Ukrainian President Volodymyr Zelenskiy made a dramatic plea to the US for more help fending off Russia’s invasion, targeting members of Congress who are ready to provide money and equipment but still unwilling to countenance his biggest ask: A no-fly zone over his country. “Russia has turned the Ukrainian sky into a source of death for thousands of people,” ...

Bloomberg A proposal for Ukraine to become a neutral country but retain its own armed forces “could be viewed as a certain kind of compromise,” Kremlin spokesman Dmitry Peskov said, hinting at possible progress in peace negotiations. Peskov declined to provide details beyond confirming that the idea of Swedish or Austrian-style neutrality is under discussion in the talks now underway ...

  Bloomberg Germany plans additional borrowing of at least 200 billion euros ($220 billion) this year to finance a fund to modernise the military alongside already-planned debt for climate protection and other initiatives. The latest borrowing binge marks the third consecutive year that Germany has breached constitutional debt limits and highlights how the new government is prepared to take a ...

  Bloomberg Adversaries in a Nigerian lawsuit in which a leading presidential candidate is accused of secretly controlling the private company that collects taxes in the state he once ran are discussing an out-of-court settlement. Oladapo Apara, a founder of Alpha Beta Consulting LLP, alleges that Bola Tinubu concealed his control of the firm. In the early 2000s, as governor ...