Bloomberg The Bank of England told UK banks to prove that their policies on credit cards, personal loans and other types of consumer lending won’t leave them weaker in a downturn. The BOE’s Prudential Regulation Authority (PRA) said on Tuesday that firms need to show that they’re not underestimating the risks of consumer credit given the current “benign economic environment.” ...

Bloomberg Turkish Airlines said it expects measures barring large electronic devices from the cabins of aircraft leaving Istanbul for the US to be lifted on Wednesday, while long-haul competitor Emirates is counting on the restrictions being removed from its Dubai hub in the near future. Shares of Turkish Air rose 2.4 percent following the comments from Chief Executive Bilal Eksi ...

Bloomberg Short-sellers who circled Air France-KLM Group earlier this year found themselves in a fight-or-flight moment, and they’ve fled. Europe’s largest airline has more than doubled in share price since the start of 2017, indicating the carrier has won the battle. Short interest has tapered to just 1.1 percent of shares outstanding on June 30 from this year’s peak of ...