Bloomberg The rupee hit the year’s lowest level and stocks fell the most in nearly eleven months on concerns that foreign funds may continue to head for the exits amid the slump in economic growth. Sovereign bonds rose as the weak data bolstered bets for deeper interest-rate cuts. The rupee slid as much as 1.4 percent, with the stronger dollar …

Bloomberg When American Airlines Group Inc exited bankruptcy in 2013, its new boss vowed to trounce rivals within a few years. These days, those competitors are delivering the beating. American is underperforming Delta Air Lines Inc and United Airlines Holdings Inc on profit margins and on-time arrivals. Investors are punishing American’s stock, sending the shares to the biggest decline this …

Bloomberg Cathay Pacific Airways is under investigation by Chinese regulators after emergency oxygen bottles on three flights were found depleted or completely empty, compounding pressure on the Hong Kong airline from mainland authorities. Cabin crew from the flights have been grounded so they can help with the probe, Cathay told staff in a memo. As well as the Civil Aviation …