Bloomberg Bain Capital has picked the top arrangers for Virgin Australia Airlines Pty Ltd’s initial public offering, which could be one of the country’s biggest listings this year, according to a person familiar with the matter. Goldman Sachs Group Inc, UBS Group AG and Barrenjoey Capital Partners Pty Ltd have been selected as lead managers for the share sale, ...

Bloomberg Deutsche Lufthansa AG returned to normal flight operations after widespread software problems linked to damaged Deutsche Telekom AG broadband cables grounded hundreds of planes. The situation at Lufthansa’s main base in Frankfurt was normalising, a spokesman said. Lufthansa expected the IT issues that affected systems including check-in operations to be fully resolved. Still, more travel disruption is around the ...

  Bloomberg Brazilian retailer Americanas SA appointed its third Chief Executive Officer in six weeks as it looks to navigate the firm through bankruptcy and continue operations while negotiating a hefty debt load. The Americanas board named Leonardo Coelho Pereira to the top job at Americanas, according to a filing. He replaces Joao Guerra who will return to his duties ...