Bloomberg Ryanair Holdings Plc’s plans for its first-ever flights from Frankfurt sparked a bitter response from Deutsche Lufthansa AG, which vowed to fight back against the surprise incursion at Germany’s biggest hub. While Ryanair will begin Frankfurt services with just two jets and four routes, Europe’s top discount airline sees potential for a bigger operation there, David O’Brien, its …

  Cairo / AFP Egypt floated the country’s pound on Thursday as part of a raft of reforms, after a dollar crunch and exorbitant black market trade threatened to grind some imports to a halt. The government of President Abdel Fattah El Sisi is rolling out an austerity programme and seeking billions in support from abroad in order to meet …

  Bloomberg BlackRock Inc., the world’s largest money manager, said that India is the biggest opportunity for the firm within Asia as it expands lending where banks fear to tread. The asset manager is pushing into private credit in the region as unprecedented monetary easing by central banks has weighed on bond market rates. Almost $10 trillion of securities from …