Bloomberg Nordea Bank AB will cut more jobs as Scandinavia’s largest lender looks for ways to lower its cost-to-income ratio by about one-fifth. “Over time the headcount will be lower,” Chief Executive Officer Casper von Koskull said in an interview at Nordea’s headquarters in Stockholm. “A best-in-class retail bank operates today with a cost-to-income ratio in the low 40s. Surely ...

  Luton / AFP-Bloomberg British no-frills airline EasyJet on Tuesday said it had fallen into a loss during the first half of its financial year in the wake of the Brussels attacks. Its earnings statement added that future revenues would be impacted also by recent events in the Belgian capital. Net losses stood at £20 million ($29 million, 25 million ...

Bloomberg Gap Inc. shares plunged as much as 15 percent in late trading after the apparel chain posted disappointing results, a sign the company’s much-vaunted springtime comeback hasn’t materialized. Same-store sales — a key benchmark — dropped 7 percent in April, the San Francisco-based retailer said in a statement. Analysts had predicted a gain of 1.1 percent, according to Retail ...