Bloomberg European shares advanced, boosted by oil majors as crude prices recovered. US futures gained as investors parsed comments from Federal Reserve officials to assess the potential for slower interest rate hikes. The Stoxx Europe 600 Index climbed 0.7%, with Shell Plc and BP Plc among the biggest drivers of the gains. Contracts on the S&P 500 and the Nasdaq ...

Bloomberg Virgin Atlantic Airways Ltd. called on regulators to ensure London’s Heathrow airport returns to full capacity next summer and linked his support for a third runway to measures that improve competition with British Airways, such as Virgin’s own dedicated terminal. Chief Executive Officer Shai Weiss is concerned that 2023’s peak season will see a repeat of capacity caps imposed ...

Bloomberg Indonesia’s defense chief said a $14 billion deal to purchase 36 new F-15 jets from Boeing Co. are in “advanced stages” after praising cooperation with the US during a visit by Defense Secretary Lloyd Austin. “Negotiations are continuing and we are at advanced stages of that negotiation,” Defense Minister Prabowo Subianto said on Monday at a news conference in ...

  Bloomberg Amazon.com Inc. must cease and desist from retaliating against employees for workplace activism, a New York federal judge ordered. The ruling requires Amazon to distribute the order to employees at a Staten Island warehouse and to read it to them at a meeting, but US district judge Diane Gujarati denied a request for an injunction to reinstate a ...

  Bloomberg When Claudia Estudillo learned she had to be in Cancun on business close to Thanksgiving, she decided to bring her husband and daughter with her over the holiday. What she wasn’t prepared for is a cost of almost $300 more per person than she expected to pay. They’re making the trip anyway, joining the throngs at airports. Planes ...

  Bloomberg Grupo Viva Aerobus SA, one of Mexico’s largest airlines, sold $51 million in its first sustainability-linked bond issuance, the company announced. Viva’s sustainability goal is to reduce jet fuel carbon emissions intensity per revenue passenger-kilometer by 35% in 2029 compared to a 2015 baseline. The company said it has a fleet with one of the lowest carbon dioxide ...

Bloomberg South Korea’s won is seen strengthening further after bouncing back from a 13-year low to become Asia’s best-performing currency, as the outlook for global trade improves for the major exporting nation. The won has climbed 6% against the dollar this month, the biggest rise among major Asian currencies, amid expectations of softer rate increases in the US and China’s ...

  Bloomberg China’s financial regulators have asked banks to stabilise lending to property developers and construction firms, the latest effort by policymakers to turn around the real-estate crisis and bolster economic growth. Authorities support the “reasonable” extension of existing real estate development loans and trust loans, according to a statement posted on the People’s Bank of China’s (PBOC) website after ...

  Bloomberg Deutsche Bank AG is weighing cuts to its leveraged finance unit as part of a review by Chief Executive Officer Christian Sewing into under-performing businesses as his three-year restructuring concludes. The exercise is scheduled to finish next month and may result in less capital and other resources including staff being allocated to the business of providing loans to ...

  Bloomberg US consumers continued to seek out more credit cards this year even as the Federal Reserve aggressively lifted borrowing costs, a shift that cooled demand for mortgages, auto loans and other types of credit, according to research from the New York Fed. The New York Fed’s most recent credit-access survey showed an application rate for credit cards of ...