Bloomberg The pound strengthened and UK stocks rise on reports that Prime Minister Boris Johnson is planning to resign. Investors said the news may spell some initial relief for UK assets, which have been battered by the country’s high inflation, weak economy and the political uncertainty. Sterling rises as much as 0.6% to $1.1994. The FTSE 250 Index, which …

  Bloomberg Opec Secretary-General Mohammad Barkindo, an oil industry veteran who steered the group through the creation of the Opec+ alliance, has died in his native Nigeria. He was 63. Barkindo was in the final weeks of his six-year tenure as the top diplomat at Organisation of Petroleum Exporting Countries (Opec), where he headed its Vienna-based secretariat. He had returned …

  Bloomberg Airbus SE is leading a race against Boeing Co over the potential sale of about 30 wide-body aircraft to Malaysia Airlines as the Southeast Asian carrier, seeking more fuel-efficient jets amid a travel rebound, focuses on cost. Airbus is offering its A330neo range of aircraft while Boeing is pushing its 787 Dreamliners, according to people familiar with the …