Bloomberg ICICI Bank Ltd., India’s largest private-sector bank, rose the most in six months in Mumbai stock trading on optimism the lender will recover some of its loans to the Essar Group. Shares of the bank rose 6.5 percent to 257.55 rupees, while the locally listed stock of Standard Chartered Plc, also owed money by Essar, gained 2 percent. …

  Bloomberg Morgan Stanley is abandoning a prediction that U.S. break-even rates will fall as the outlook for prices in the world’s biggest economy surge to the highest level in five months. The yield difference between 30-year Treasury bonds and similar-maturity inflation-protected securities headed for the highest closing level since May. The measure, an outlook for consumer prices known as …

Bloomberg Pick up a high-end smartphone these days and chances are it will have a crisp, energy-sipping organic LED display — unless it’s an iPhone. That will change next year, when Apple Inc. plans to adopt the technology for the next major upgrade to its flagship product. To do so, the Cupertino, California-based company will have to get its hands …