BLOOMBERG Foreign funds reversed their record exodus from Indian stocks as the country’s appeal as an alternative to China grows, boosting valuations for its equity market to a new peak. Global investors bought $17.2 billion of shares in the South Asian nation on a net basis this year through September 1, which more than made up for their retreat in …

BLOOMBERG European stocks retreated after a fresh set of downbeat economic data from the euro area and China, while the single currency sank to a nearly three-month low against the dollar. The Stoxx 600 dropped as much as 0.8%, edging lower for the fifth day, while US equity futures also retreated. The dollar strengthened as much as 0.5% against its …

BLOOMBERG Ryanair Holdings said it was forced to cancel more than 350 flights over two days late last month when air-traffic control in the UK was hit by an outage, disrupting air space across the country. The Irish low-cost airline said in a traffic statistics release that 63,000 of its passengers faced cancellations on August 28 and 29 because of …