Bloomberg Swedbank AB acknowledged it will no longer be able to live up to its goal of paying out one of the highest dividend ratios in the Nordic finance industry. Sweden’s oldest bank, which is dealing with the fallout of a money laundering scandal that has left it Europe’s worst performing financial stock this year, said it will now target ...

Bloomberg United Airlines Holdings Inc raised its 2019 profit forecast as strong US travel demand helps the world’s second-largest carrier absorb rising cost pressures from the grounding of Boeing Co’s 737 Max. Earnings will climb to at least $10.50 a share this year, United said in a statement as it reported second-quarter results. That was up from the $10 floor ...

Bloomberg Rakesh Gangwal, the co-founder of IndiGo, said he won’t sell his shareholding in India’s largest airline and will maintain his stake amid a feud with his partner Rahul Bhatia. “I am here for the long haul,” Gangwal, who has accused Bhatia of corporate governance lapses, said. “I have no desire to sell my stake or raise my stake.” Gangwal, ...