Bloomberg The world will have a better idea by the end of this week, but probably no definitive answer, on whether the US economy’s boom in “soft” data is being reflected in the “hard” stuff. This week’s economic data include trade figures and factory orders, culminating in a payrolls report forecast to show 175,000 jobs added by US employers ...

  Bloomberg Manhattan home resales climbed for the first time in a year and a half as sellers agreed to lower prices in order to seal deals before inventory and interest rates rise further. Completed purchases of previously owned homes rose 7.7 percent in the first quarter from a year earlier, reversing a stretch of five consecutive periods in which ...

  Bloomberg Peabody Energy Corp., America’s biggest coal miner, is back. After almost a year in bankruptcy, the St. Louis-based giant will trade yet again on the New York Stock Exchange on Tuesday. Clarksons Platou Securities Inc. estimated a market capitalization of $3.97 billion for the company, which at its height was valued at almost $24 billion. Its return to ...

  Bloomberg Amid a dearth of new plane models, the aviation industry is intensifying the search for in-cabin innovations to lure passengers with wider seats, faster service and even fresh pancakes. Among developments this year, Qatar Airways revealed a business berth which can be swiveled to form a meeting area for four or a double bed. Dubai-based Emirates, which already ...

  Bloomberg Ivory Coast’s biggest online retailer will enable consumers to buy goods from international markets for the first time next month as it seeks to tap a shopping boom in one of sub-Saharan Africa’s fastest-growing economies. Jumia, an internet platform whose investors include Berlin-based Rocket Internet SE and Goldman Sachs Group Inc., is expanding its Ivory Coast operation by ...

  Dubai / Emirates Business Airbus and SITA have launched new Security Operations Center Services customized for the specific needs of the air transport industry. This new incident detection services will provide airlines, airports and other air transport industry stakeholders with information about unusual cyber activity that may impact their businesses. These services have been developed to specifically meet an ...

  FORT WORTH / AP Beth Henry’s eyes sometimes itch and her throat begins to swell when she’s on an American Airlines plane, even if she’s not wearing a new uniform blamed by thousands of flight attendants for causing allergies. Henry and other flight attendants think the airline hasn’t done enough to protect them. “The only thing that will make ...

  Bloomberg South Africa’s banking index fell to the lowest in six months after S&P Global Ratings cut the sovereign’s foreign-currency debt rating to junk, increasing the likelihood that lenders will have to battle declining returns and rising bad debts in the year ahead. South Africa’s six-member banks index, which includes Standard Bank Group Ltd. and Barclays Africa Group Ltd., ...

  Bloomberg The latest probe into Credit Suisse Group AG is a blow, not just for the firm but also for the Swiss attorney general, who didn’t know some of the bank’s offices were going to be raided. It’s too early to tell whether the Credit Suisse accounts being investigated are older, or include some that are more recent as ...

  Bloomberg The European Central Bank estimates Banca Popolare di Vicenza SpA and Veneto Banca SpA need about 6.4 billion euros ($6.8 billion) and considers the lenders solvent, a condition for them to receive a bailout, according to people familiar with the matter. Representatives of the ECB, the European Commission and the Italian Treasury reviewed the banks’ request for a ...