Rest in peace, VIX. You’re no longer the fear gauge for global markets. The Bank for International Settlements has found a better barometer to capture the nervousness that starts as a slight reduction in global banks’ leverage, is magnified by European lenders as a dollar squeeze in Asian supply chains, and reverberates around the world as a financial …

  Bloomberg Deutsche Lufthansa AG refused to give in to pilot demands for a higher wage offer, with their union now set to extend a walkout to Tuesday and Wednesday this week making the current conflict the longest ever protest by cockpit crews at the German airline. Pilots at the mainline Lufthansa brand will strike on short-haul services on Tuesday …

  Abu Dhabi / Emirates Business It has been a month of milestones for Etihad Cargo. The freight division of Etihad Airways recorded its busiest month ever in October, uplifting 53,785 tonnes of cargo and surpassing its previous best, achieved in November 2014, by 501 tonnes. This reflected growth in perishables traffic from Africa, US inbound and outbound traffic, and …