Bloomberg United Airlines Chief Executive Officer Oscar Munoz will hand the reins to President Scott Kirby next year, capping a tenure in which he turned around the perennial laggard. Kirby will take over as CEO in May while Munoz becomes the executive chairman, the carrier said in a statement. Kirby joined United in 2016 after leaving American Airlines Group Inc. …

Bloomberg The Organisation of Petroleum Exporting Countries (Opec) and its allies sent mixed signals about whether they were considering deeper production cuts, fanning oil-market speculation before crucial talks in Vienna this week. Iraq, which has the worst record among major producers of implementing the group’s current supply deal, pushed for steeper cutbacks. Oil Minister Thamir Ghadhban said the group should …

Emirates Business The 26th edition of the World Islamic Banking Conference (WIBC), the largest and most prestigious gathering of Islamic banking and finance leaders in the world, kicked off at The Gulf Hotel Bahrain, in the Kingdom of Bahrain on Wednesday. The forum is spurring a series of discussions focusing on “mega trends in banking and finance”, a theme that …