With Pakistan reeling from devastating floods and spiraling inflation, it’s an exceptionally bad time for a political crisis. Unfortunately, that’s what seems to be shaping up in the standoff between the government and ex-prime minister Imran Khan. All sides should recognize that compromise is in their best interests — and, more to the point, in Pakistan’s. Khan bears the ...

  Bloomberg SpiceJet Ltd said it’s in talks with bankers to raise as much as $200 million in fresh capital after reporting a worse than expected quarterly loss, as the Indian airline looks to work a way out of financial distress. The carrier plans to also spin off its cargo business into a separate company, SpiceXpress, by the end of ...

Bloomberg Deutsche Lufthansa AG will suspend almost its entire flight operations in Frankfurt and Munich on Friday because of a strike by pilots who are demanding higher pay, adding another day of major disruptions to what has already turned into a summer of travel chaos. In total, about 130,000 passengers will be affected as Lufthansa scraps 800 flights at its ...