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Amazon delivery pilots ordered to end strike for retail peak

  Bloomberg Pilots for the Air Transport Services Group Inc. unit that hauls packages for Amazon.com Inc. and DHL Worldwide Express were ordered back to work by a federal judge, halting a strike that threatened to disrupt holiday deliveries. US District Judge Timothy Black in Cincinnati gave a nod to the holiday shopping rush in granting ABX Air’s request for ...

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Modi $87bn bounty risks bond shortage at RBI

  Bloomberg Prime Minister Narendra Modi’s shock ban on high-denomination currency notes may present a tricky situation for India’s central bank: a shortage of bonds needed to manage its money-market operations. About 6 trillion rupees ($87.3 billion) have been deposited at lenders since Modi’s November 8 move, as citizens in Asia’s third-largest economy rush to submit the now defunct 500-and-1,000 ...

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ECB warns of market correction risks on political instability

  Bloomberg The European Central Bank warned that the risk of an abrupt global market correction on the back of rising political uncertainty has intensified, posing a threat to banks, stability and economic growth. “More volatility in the near future is likely and the potential for an abrupt reversal remains significant,” the central bank said in its twice-yearly Financial Stability ...

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