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  Bloomberg EasyJet Plc’s annual profit fell for the first time since 2009 as a spate of terror attacks clipped demand and the decline of the pound following Britain’s vote to quit the European Union inflated foreign-currency costs. Pretax profit for the 12 months ended Sept. 30 is expected to have been in the range of 490 million pounds to ...

  Bloomberg Future Group, which runs India’s largest chain of department stores, expects record growth in the current financial year as a favorable monsoon boosts agricultural output and rural incomes. The group, which controls four listed entities including Future Retail Ltd., is expecting to register 25 percent to 28 percent growth, Chief Executive Officer Kishore Biyani said in an interview ...

  Bloomberg Wal-Mart Stores Inc. is pushing more aggressively onto Alibaba Group Holding Ltd.’s turf. The Bentonville, Arkansas-based retailer boosted its stake in China’s second-largest e-commerce website JD.com Inc., strengthening an alliance to win more market share in the world’s largest online market. Wal-Mart lifted its holding to 10.8 percent from 5.9 percent, according to an amended 13-G filing on ...

  Bloomberg What do a supermarket clerk, an airline baggage handler and a heavy-equipment operator have in common? They’re among the first participants in JetBlue’s new program to turn people with little or no flight experience into pilots. The initial six recruits begin the second phase of training, after three weeks studying meteorology, aerodynamics, aircraft systems and the like. They’ll ...

  Bloomberg India’s banking system is among those most vulnerable to profit declines as loan growth slows and soured debt rises, the International Monetary Fund said. The ability of Indian companies to service debt is the lowest among 19 emerging-market nations tracked by the IMF, according to figures in its semi-annual report on financial stability. The study showed that the ...

  AP Union leaders expressed confidence an agreement with Brazilian banks could be reached in the next few days to end a nationwide strike that has closed more than half the bank branches in Latin America’s biggest country. Roberto von der Osten, president of the National Confederation of Bank Workers, said the strike demanding a nearly 15 percent pay raise ...

  Reuters Pakistan will issue a $1 billion sukuk bond within hours, the finance ministry said, returning to the international U.S. dollar sukuk market after a two-year absence. The ministry said roadshows in Dubai, London, Boston and New York scored “unprecedented interest”. Pakistan’s economy grew 4.7 percent in the last fiscal year, its fastest pace since 2008, rebounding from a ...

  Bloomberg Deutsche Bank AG, indicted for colluding with Banca Monte dei Paschi di Siena SpA to conceal the Italian lender’s losses, mismarked the transaction and dozens of others on its own books, according to an audit commissioned by Germany’s regulator. Executives at Deutsche Bank arranged 103 similar deals with a total value of 10.5 billion euros ($11.8 billion) for ...

  London / AFP Oil prices in New York rose above $50 a barrel on Thursday for the first time since June, helping provide some support for broader markets ahead of key US jobs data. Near 1330 GMT, US benchmark West Texas Intermediate for delivery in November was trading up 37 cents at $50.20 a barrel, while the London benchmark ...

Dubai / Reuters Saudi Arabia’s stock market continued rebounding on Thursday, led by bank and petrochemical shares, but most markets in the region weakened. The Saudi index rose 0.8 percent, although trading volume shrank to a modest level, suggesting many investors were staying out of the market. The banking index, beaten down in past days by news that banks would ...