Bloomberg Nigeria, reeling from the slump in oil prices, has asked domestic and international airlines for discounts as it seeks to cap travel expenses that are its biggest source of overhead costs, the Finance Ministry said in a statement that was issued last week. A “conservative” 5 percent reduction on airfare tickets would save the West African government about 4 ...

Bloomberg Infibeam Incorporation Ltd. plans to raise as much as 5.4 billion rupees ($81 million) in an initial public offering as it becomes the first of India’s high-profile online retailers to proceed to a share sale. The company is offering 12.5 million shares in a book build at 360 rupees to 432 rupees apiece. Promoters and investors hold 42.7 million ...

Bloomberg Fraport AG, the operator of Frankfurt airport, fell the most in 4 1/2 years after saying terrorist attacks in Turkey will hurt its business there as travellers avoid the country. Fraport dropped as much as 8.5 percent, the steepest intraday decline since August 2011, and was trading down 8 percent at 51.81 euros as of 1:08 p.m. in Frankfurt ...