Bloomberg Five years ago, when Eric Ries was working on the book that would become his best-selling entrepreneurship manifesto “The Lean Startup,” he floated a provocative idea in the epilogue: Someone should build a new, “long-term” stock exchange. Its reforms, he wrote, would amend the frantic quarterly cycle to encourage investors and companies to make better decisions for the …

  New Delhi / Bloomberg India is seeking a commitment from Apple Inc. to bring manufacturing facilities to the country before the government will approve the iPhone maker’s request to open its own retail stores, according to a senior government official with direct knowledge of the matter. The government may loosen existing policies that require local sourcing for companies that …

  Kuala Lumpur / AFP Rayani Air, Malaysia’s first Islamic-compliant airline, has been shut down, regulators said on Monday, months after it was suspended from flying for breaching aviation regulations. The carrier launched only in December with Muslim flight crew wearing the hijab while non-Muslim members were forbidden from wearing revealing clothing. In-flight meals were completely halal and alcohol consumption banned. …