Erste Group cuts AXA stock rating on transformation concerns

An Air India pilot who operated the Phuket-Delhi flight that rapidly lost around 300 feet, injuring 17 passengers, tested positive for marijuana in a confirmatory test. DGCA rules allow rehabilitation after a first positive test, while Air India’s policy mandates termination.

Hospital attendant held for sexually harassing teen patient

Euro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns and prompting markets to pare expectations for further ECB rate hikes. Investors also tracked diplomatic developments involving the U.S., Iran and the Strait of Hormuz.