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Infibeam plans to raise $81 million in e-commerce public offering

Bloomberg Infibeam Incorporation Ltd. plans to raise as much as 5.4 billion rupees ($81 million) in an initial public offering as it becomes the first of India’s high-profile online retailers to proceed to a share sale. The company is offering 12.5 million shares in a book build at 360 rupees to 432 rupees apiece. Promoters and investors hold 42.7 million ...

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Fraport drops as Turkey attacks seen hurting earnings at Antalya

Bloomberg Fraport AG, the operator of Frankfurt airport, fell the most in 4 1/2 years after saying terrorist attacks in Turkey will hurt its business there as travellers avoid the country. Fraport dropped as much as 8.5 percent, the steepest intraday decline since August 2011, and was trading down 8 percent at 51.81 euros as of 1:08 p.m. in Frankfurt ...

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French flight disruptions worsen further as controllers go on strike

Bloomberg French aviation authorities have asked airlines to cancel more Paris and Marseille flights as a two-day strike by air-traffic controllers disrupts services for passengers across France and in other European cities. Orly airport south of the French capital was particularly hard hit by labour disruptions, the Direction Generale de l’Aviation Civile said in a statement. Even before the latest ...

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