Bloomberg Wells Fargo & Co.’s head of community banking, Carrie Tolstedt, will retire from the firm at the end of July. Tolstedt, 56, who led the retail-bank unit, will be succeeded on July 31 by Mary Mack, who oversees the retail brokerage, San Francisco-based Wells Fargo said this week in a statement. Tolstedt had joined a Wells Fargo predecessor …

  REUTERS Qatar Airways is all set to buy 49 percent of Meridiana in a move that could bolster the Italian carrier’s ability to compete in the European market. The agreement was reached at the Farnborough International Airshow and the deal will close in early October, subject to certain conditions, Qatar Airways said in a statement on Thursday. The airline …

  AFP German airline Germania has ordered 25 single-aisle fuel-efficient Airbus A320neos worth $2.6 billion (2.4 billion euros) at list prices in an announcement at the Farnborough air show. The firm aircraft order, for delivery from 2020 onwards, will double the Germania Group’s current fleet of aircraft, the pair announced on the second day of Farnborough. Airlines typically negotiate sizeable …