Bloomberg A dispute between the founders of Asia’s biggest budget airline deepened after one accused the other of dubious governance practices, roiling the company’s shares and raising concerns that the feud will drag on. Billionaire Rakesh Gangwal informed IndiGo’s operator, InterGlobe Aviation Ltd, that he flagged some of his governance concerns about co-founder Rahul Bhatia to the Securities and Exchange ...

Bloomberg Cancellation of plans for a third runway at London’s Heathrow airport could cost the UK economy more than 300,000 jobs, an industry study warned as would- be prime minister Boris Johnson said he’d review the project. As many as 120,000 posts would be put at risk by any erosion of Britain’s competitiveness in air transport, while a further 200,000 ...

Bloomberg Levi Strauss & Co fell in late trading as profit in its second quarter as a public company tumbled from a year earlier. The denim maker said on its conference call that adjusted diluted earnings slipped 21 percent from the prior year to 17 cents. When including $29 million of expenses associated with its IPO, second-quarter profit was 7 ...