Bloomberg Shares of Philippines’ largest budget carrier plunged to their biggest drop on record, wiping out as much as 21.3 billion pesos ($415 million) from its market value in what traders said was likely a fat finger. Cebu Air Inc slumped 38 percent to the lowest since August 2014 in the last few minutes of trading and volume was below …

Bloomberg European Union Trade Commissioner Cecilia Malmstrom signalled that she expects the US and EU to hit each other with tariffs as retaliation over illegal government aid to Airbus SE and Boeing Co. Malmstrom said the US is entitled to strike first by the end of summer and the EU would follow suit five to six months later after the …

Bloomberg DP World Plc mandated banks to raise about $1 billion of bonds to finance the acquisition of Topaz Energy & Marine Plc, according to three people with knowledge of the plans. The world’s largest port operator hired Citigroup Inc., Dubai Islamic Bank PJSC (DIB) and Standard Chartered Plc to arrange investor meetings in Hong Kong, Singapore and London from …