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Walmart’s Flipkart aims for IPO in fourth quarter: Sources

Bloomberg Flipkart, the Indian e-commerce giant controlled by Walmart Inc, is making progress toward an initial public offering as soon as the fourth quarter of this year, according to people familiar with the matter. The US retail giant has set up an internal IPO team for Flipkart and is leaning towards a traditional debut in the US, said the people, ...

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Who’s afraid of the big bad economic boom?

The global recovery needs to call its agent. An economic rebound as brawny as the one projected this year ought to be a cause for celebration. It’s a relief that gross domestic product will enjoy its biggest spurt in years — perhaps even decades — following the biggest drop since the 1930s. Instead, the almost daily upgrades to growth forecasts ...

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Ryanair set to take bigger Max after EASA’s signoff

Bloomberg Ryanair Holdings Plc can begin taking delivery of the Boeing Co 737 Max jet after European regulators signed off on a version of the single-aisle model that can squeeze in almost 200 passengers. The European Union Aviation Safety Agency (EASA) issued a type certificate for the so-called Max 200 model, according to a notification on its website. The action ...

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