Bloomberg Britain’s next government should appoint a commission tasked with choosing the locations for two new runways serving southeast England, the Institute of Directors said. With London Heathrow airport’s third landing strip not due to be completed until 2028 and Gatwick, south of the capital, filling up fast, the commission should be given only a year to determine the best ...

Bloomberg The Indian central bank’s proposal to introduce a new liquidity tool to help manage a banking system flooded with surplus cash is facing opposition from the government, according to people with knowledge of the matter. The government is concerned that the so-called Standing Deposit Facility, or SDF, will give the Reserve Bank of India (RBI) the discretion to set ...

Bloomberg Earnings reports by Japan’s three megabanks on Monday pointed to a fourth straight fall in combined annual profit, even as the impact of negative interest rates begins to ease. Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc., and Mizuho Financial Group Inc. forecast a 4.8 percent drop in combined net income to 2.13 trillion yen ($18.8 billion) ...