Bloomberg Egypt’s central bank cut interest rates for the second time in six weeks after inflation slowed into its target range, shrugging off rising US rates as it unwinds record-high borrowing costs. The monetary policy committee led by Governor Tarek Amer lowered the overnight deposit rate by 100 basis points to 16.75 percent. The move was predicted by all eight ...

Bloomberg Qantas Airways Ltd. is evaluating direct flights from Australia to Chicago as the next step in its plan to add more ultra-long-haul destinations using an expanding fleet of Boeing Co. 787 jetliners. Fresh from launching the first-ever direct passenger service to Europe—linking Perth with London’s Heathrow hub—Qantas will turn its attention to the US with the next batch of ...

Bloomberg Walmart Inc. is in talks with health insurer Humana Inc. for a closer partnership to provide health care to consumers at home and prevent illness, according to a person familiar with the matter. Health-care spending accounted for about 18 percent of the US economy in 2017, and continues to surge with an aging population, pricey medications, and a complex ...