Bloomberg Interloop Ltd., which makes socks for Nike and Adidas, is planning Pakistan’s biggest ever initial public offering by a private firm. The company plans to raise $51 million to expand its sock manufacturing capacity by around 20 percent and enter the denim business, said Chairman and Co-Founder Musadaq Zulqarnain. It will offer 12.5 percent of the business in the ...

Bloomberg The Horizon Air worker who stole an airplane from Seattle’s airport and took it for a ride crashed intentionally to commit suicide, the FBI said in a report that concluded he had no apparent ties to terrorism. Ground service agent Richard Russell, 28, acted alone and no charges are planned in the August incident, the agency said. Investigators found ...

Bloomberg Airbus SE’s latest monthly order tally signalled a big change for India’s IndiGo. The planemaker’s biggest customer for the A320neo is upgrading 125 of its existing orders for the narrowbody’s bigger sister model. IndiGo, one of the few Indian carriers with enough cash to aggressively expand, has been mapping out a way to build a long-haul, low-cost business taking ...