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  Bloomberg Ryanair Holdings Plc is adding 500 flights to its autumn schedule from its base at London Stansted airport as the discount carrier looks to win more customers after Heathrow extended a cap on capacity. The extra flights will give Ryanair an additional 100,000 seats during the mid-term school holidays to destinations including Spain, Italy, Portugal and Greece, the …

  Bloomberg Bed Bath & Beyond Inc, the struggling retailer turned meme-trader darling, skidded as much as 21% in postmarket trading after a top investor suggested he has soured on the stock. Ryan Cohen’s RC Ventures said in a filing with the US Securities and Exchange Commission that it might sell as much as 7.78 million shares of Bed Bath …

  Bloomberg After years of eschewing the world’s safest assets, the managers of Australia’s $2.4 trillion of retirements savings are buying sovereign bonds. The trigger: fear that the global economy is sliding into recession. It’s a watershed moment for the country’s pension chiefs, whose love affair with riskier assets saw them binge on stocks while skirting this year’s historic bond …

  Bloomberg US equity-index futures pared losses in a volatile session after the Federal Reserve signalled a delicate balancing act that would see inflation-busting rate hikes continue despite a weakening economy. September contracts on the S&P 500 and Nasdaq 100 slid about 0.1% after the underlying benchmarks posted losses. The two-year Treasury yield, the most sensitive to monetary tightening, fluctuated …

  Bloomberg China’s central bank set its fixing for the yuan weaker, failing to show any overt pushback after the currency slid to a three-month low against the dollar the previous day. The People’s Bank of China (PBOC) set the yuan reference at 6.7730 per dollar, 0.5% lower than the previous print, the largest daily cut since August 3. The …

  Bloomberg Credit Suisse Group AG is facing a further delay in getting approvals for some of its China operations after a flurry of senior management departures, according to people familiar with the matter. The Swiss bank lost nearly half of the senior personnel management at its China securities ventures in recent months, including Chief Financial Officer Annie Qiu, compliance …

  Bloomberg The Philippine central bank will sustain its rate-hike cycle this quarter, following a surprise move in July, to quell broadening price pressures, according to Bloomberg survey of economists. The benchmark interest rate is expected to increase by another 75 basis points to 4% by the end of September, a survey showed. Bangko Sentral ng Pilipinas is seen to …

  Bloomberg Australia’s central bank (RBA) signalled further interest-rate increases would come in the period ahead, while restating it will be guided by incoming economic data and the inflation outlook. “The board expects to take further steps in the process of normalising monetary conditions over the months ahead, but it is not on a pre-set path,” minutes of the Reserve …

  Bloomberg Uruguay’s central bank raised its key interest rate for a ninth consecutive meeting to 10.25% with inflation expectations remaining stubbornly above its target. Policy makers tightened by 50 basis points and signalled more half point hikes later in the year. The increase marked the first time the central bank lifted borrowing costs into the double digits since it …

  Bloomberg US stock-index futures decline as concerns over the Federal Reserve’s aggressive rate-hike path outweighed robust corporate earnings and China’s stimulus plans. September contracts on the S&P 500 Index slipped 0.5% after the equity benchmark posted modest gains amid a rally in retailer stocks. Nasdaq 100 futures retreated 0.7% signalling a selloff in technology names will continue. The dollar …