With India’s nominal GDP growing at its slowest pace in 17 years, it’s a given that the central bank will cut interest rates again. What’s the point, though? Commercial bank lending rates have turned immune to monetary policy, so much so that a sixth reduction this year in the benchmark price of money will make hardly any difference. The only ...

Bloomberg Hong Kong Airlines Ltd. averted becoming the first carrier to collapse in the city in more than a decade after the local licensing authority said it won’t take further action against the embattled company on certain conditions. To keep its license, the airline must ensure it has a cash injection at a level determined by Air Transport Licensing Authority, ...

Bloomberg Airbus SE needs to almost double jetliner deliveries next month to meet its target for full-year handovers, setting up a race to accelerate production over coming weeks. The European planemaker has handed over 77 planes in November, the same number as in October, according to a statement. That leaves the company 135 aircraft shy of its 12-month target of ...