When UK voters decided last June to leave the European Union, global investors anticipating the opposite result wiped out billions of pounds in the currency market. Sterling plummeted a record 8.05 percent to a 31-year low. It’s been seven months since those British voters narrowly rejected the view of prime ministers, presidents, finance ministers, business leaders and economists that ...

  Bloomberg Air Canada dropped the most in seven months after the country’s largest airline said rising fuel costs would cause a key profit measure to fall by half in the first quarter. The forecast implies earnings before interest, taxes, depreciation and aircraft rent of C$250 million ($190 million) in the first quarter, trailing the C$366 million estimated by Fadi ...

  Bloomberg Bombardier Inc. expects that business-jet sales could rebound as soon as the second half, getting a boost from U.S. demand as the economy gains traction. “We are confident that we are at the bottom or close to the bottom. Moving forward, it should be better,” Chief Executive Officer Alain Bellemare said in a telephone interview Thursday. “I don’t ...