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 Rescue and relief teams are struggling to reach survivors of a deadly earthquake that hit Afghanistan’s remote southeast, killing at least 1,000 people and injuring hundreds more even as the country battles multiple humanitarian crises. The eastern Paktika province, home to some of the country’s most impoverished farmers and cattle herders, was the worst hit, several officials from ...