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FAA to investigate incident involving United, Delta jets

BLOOMBERG  The Federal Aviation Administration (FAA) said it will investigate an incident where the wing of a United Airlines Holdings Inc flight clipped the tail of a Delta Air Lines Inc plane at Boston Logan International airport. The incident occurred while United Flight 369 was taxiing and Delta Flight 1657 was at a holding pad, the FAA said in a ...

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Global stocks slip after Wall Street’s Q2 rally loses steam

BLOOMBERG Global stocks fell, striking a more cautious note after Wall Street’s powerful second-quarter rally lost steam at the end of last week. Chemical and construction firms paced declines in Europe, while banking stocks outperformed. Among the biggest individual movers, Sartorius AG slumped 15% after issuing a bigger-than-expected profit warning. In Asia, disappointed hopes for further stimulus pushed down Chinese ...

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India’s NSE plans derivatives based on bond indexes

BLOOMBERG India’s National Stock Exchange (NSE) is planning to offer derivatives based on its bond indexes, according to people familiar with the matter, as it seeks attract more investors to its platform. The NSE has already applied to the Securities Exchange Board of India for approval and is aiming to launch the corporate debt product by September, the people said. ...

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