Bloomberg A banker who lost his job as part of Nomura Holdings Inc cuts recalls the camaraderie at the riverside Oyster Shed bar next to the institution’s London headquarters one evening as the room filled with ex-employees. Japan’s biggest brokerage let about 30 people go that day in April. Summer has arrived in London, but the smiles are likely to ...

Bloomberg Nike Inc stood by its decision to pull its Fourth of July sneakers from stores, even as the move dragged it once again into America’s culture wars and drew criticism from conservative lawmakers claiming political correctness has gone too far. “We regularly make business decisions to withdraw initiatives, products and services. Nike made the decision to halt distribution of ...

Bloomberg Air India Assets Holding Ltd, a special purpose vehicle that holds part of the state-owned carrier’s debt and assets, is planning its first rupee-denominated bond sale to refinance some debt of the airline. Air India Assets is aiming to raise 220 billion rupees ($3.2 billion) and has sought fee bids from bankers, people familiar with the matter said. Out ...