BLOOMBERG European stocks retreated after a fresh set of downbeat economic data from the euro area and China, while the single currency sank to a nearly three-month low against the dollar. The Stoxx 600 dropped as much as 0.8%, edging lower for the fifth day, while US equity futures also retreated. The dollar strengthened as much as 0.5% against its …

BLOOMBERG Ryanair Holdings said it was forced to cancel more than 350 flights over two days late last month when air-traffic control in the UK was hit by an outage, disrupting air space across the country. The Irish low-cost airline said in a traffic statistics release that 63,000 of its passengers faced cancellations on August 28 and 29 because of …

BLOOMBERG IndiGo is setting up an aircraft-leasing subsidiary in the western Indian state of Gujarat, following a similar move by Air India as the country’s two biggest carriers enlarge their fleets. The budget airline, which has a market share of 63% in India, also plans to order 10 additional Airbus SE A320neo aircraft, expanding a 300-jet deal inked in 2019, …