Bloomberg The benchmark Philippine Stock Exchange Index may rise to 8,450 by the end of 2019 with corporate earnings expected to grow faster this year and as government ramps up spending in the second half, according to Philequity Management Inc. The stock gauge will further climb to 9,125 in 2020 when earnings are estimated to increase 11 percent, according to ...

Bloomberg Mexican airline Interjet is in “technical bankruptcy” and at risk of collapse, according to its finance chief, following an order to start paying off nearly $30 million in back taxes. Interjet beat back an attempt by authorities to seize control of its bank accounts in an effort to collect nearly 550 million pesos ($27 million) in unpaid taxes dating ...

Bloomberg United Airlines Holdings Inc is removing the 737 Max from its schedule until December 19, the carrier’s sixth adjustment since aviation regulators grounded the Boeing Co jet in March following two fatal crashes. Chicago-based United said the schedule change would affect about 9,500 planned flights through December, with the largest impacts expected in October and November. United flew 14 ...