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Deutsche Bank may be forced to shrink US activities

  Bloomberg Deutsche Bank AG may be forced to shrink its US activities as part of a deal to settle litigation over residential mortgage-backed securities with the Department of Justice, German newspaper Welt am Sonntag reported, citing an unidentified person familiar with the discussions. Radical changes to the business model are typical requirements in settlement arrangements with the U.S. government, ...

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No WhatsApp on flights yet as India govt weighs Wi-Fi risks

  Bloomberg Indians, the world’s second-biggest Internet users, were told to expect a decision allowing them to update their Facebook status and send WhatsApp messages from 35,000 feet as early as September. Instead, they’ve been kept in a holding pattern because of security concerns. Delays gaining regulatory approval for Wi-Fi in Indian airspace aren’t dissuading satellite operator Inmarsat Plc, which ...

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Delta pledges to slow growth to boost fares

  Bloomberg Delta Air Lines Inc. will keep a lid on growth next year as it seeks to shore up persistently weak fares. The Atlanta-based carrier plans to expand seats and flights only 1 percent in 2017, less than half this year’s pace through September. As demand catches up with slower supply growth, fares should rebound and passenger revenue for ...

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