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Risk rally eases as US stocks mixed, bonds climb

  Bloomberg The torrid advance in riskier assets eased, with US equities slipped from records after the longest rally in three years and Treasuries rising for the first time in six days. Equity benchmarks slipped from records attained amid optimism that the economy is growing fast enough to withstand higher interest rates. Data on Thursday did little to alter that ...

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Air France plans long-haul push after full-year profit boost

  Bloomberg Air France-KLM Group reported a 35 percent earnings increase for 2016 and said it will boost passenger capacity this year in an effort to win back the initiative in the lucrative long-haul market. Operating profit increased to 1.05 billion euros ($1.1 billion) from 780 million euros in 2015, helped by a lower fuel bill and productivity gains at ...

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India revives passenger plane project

  Bloomberg India is reviving a three-decade-old plan to build its first passenger aircraft as the South Asian country struggles to join an exclusive club of Asian nations that have advanced far ahead in creating their own home-made jets. A 14-seat aircraft, called Saras, is undergoing preliminary tests, Jitendra Jadhav, director of Council of Scientific and Industrial Research at state-controlled ...

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