Bloomberg SpiceJet Ltd said it’s in talks with bankers to raise as much as $200 million in fresh capital after reporting a worse than expected quarterly loss, as the Indian airline looks to work a way out of financial distress. The carrier plans to also spin off its cargo business into a separate company, SpiceXpress, by the end of …

Bloomberg Deutsche Lufthansa AG will suspend almost its entire flight operations in Frankfurt and Munich on Friday because of a strike by pilots who are demanding higher pay, adding another day of major disruptions to what has already turned into a summer of travel chaos. In total, about 130,000 passengers will be affected as Lufthansa scraps 800 flights at its …

Bloomberg Woolworths Holdings Ltd. is preparing to battle the impact of soaring inflation in both its key markets, after increased sales and a growing cash pile allowed the South African retailer to raise the annual dividend higher than expected. While a jump in prices is a global risk, Woolworths said the company’s Australian department-store business “should be somewhat mitigated by …