Bloomberg Traders piled into shares of Revlon Inc, driving its gains from a record low to 650% as individual investors looked to strike a quick profit, while ignoring the fundamentals of the troubled cosmetics giant. The stock surged 34%, bringing gains from an all-time low to more than 650% as trading volume continued to soar past recent trends. More …

  Bloomberg London’s Heathrow airport lifted its full-year passenger forecast, citing updated information on schedules and bookings and the limited impact of capacity caps imposed to boost resilience as travel rebounds. The UK hub now expects to attract 54.4 million passenger in 2022, versus a forecast for 52.8 million travellers issued on April 26, it said in a statement. The …

  Bloomberg A supply glut is set to hit India’s government bond market, and drive benchmark yields towards 8% by year-end, according to Standard Chartered Plc. The lender estimates that excess supply of sovereign and state debt may total as much as 6.3 trillion rupees ($81 billion) this fiscal year. That’s likely to further upset a market that’s struggling to …