New Delhi / Bloomberg Indian airport operator GVK Power & Infrastructure Ltd. said it sold a stake in its Bengaluru aerodrome to Fairfax Financial Holdings Ltd., helping cut debt. The shares rose. Fairfax will buy 33 percent of Bangalore International Airport Ltd. for 21.49 billion rupees ($322 million), GVK said in a statement to the Mumbai stock exchange on Monday. ...

Colombo / AFP Japan has loaned $400 million to Sri Lanka to build a new terminal at the island’s main international airport which suffers congestion from growing tourism, it was announced on Monday. The Japan International Cooperation Agency (JICA) said the second terminal would more than double capacity to 15 million passengers annually. The terminal, to be opened in 2020, ...

Kuala Lumpur / Bloomberg Malaysia’s palm oil production will slump more than previously forecast as the lingering effects of El Nino curb output in the world’s second-biggest producer, according to Godrej International Ltd.’s Dorab Mistry. Production will drop by 2 million metric tons in the year through September, Mistry said in remarks prepared for a conference on Monday in Beijing. ...