Bloomberg Indian bond traders’ worst fears may be realised this week if Prime Minister Narendra Modi’s government announces a further increase to its mammoth borrowing plan. Traders expect the government to lift its borrowing estimate for the October-March period to six trillion rupees ($81.5 billion) from the existing 5 trillion rupees, according to 10 out of 16 traders in a …

Bloomberg European stocks rallied the most in two weeks, led by bank shares, on optimism that the recent selloff is overdone. The pound strengthened on hopes that UK and European Union officials will be able to make progress as a key week of Brexit talks begins. Asian equities and US futures gained, while oil dropped below $40 a barrel in …

Bloomberg Saudi Arabia is preparing for a quick rebound in tourism and hasn’t revised its visitor targets for 2021 despite the coronavirus pandemic, Tourism Minister Ahmed Al-Khateeb said. “If countries today open their borders, we will be fit to run fast, and this is the plan,” said Al-Khateeb, a key adviser to Crown Prince Mohammed bin Salman. “We believe people …