Bloomberg European stocks gained as a flurry of corporate earnings reassured investors that profits can overcome economic hurdles. The Stoxx Europe 600 climbed 0.4% in London. Banking and technology shares soared, tracking a rally in US stocks. Miners underperformed as metals fall. ASML Holding NV advanced after saying demand for its chip-making machines outstripped supply in the second quarter. Danone …

Bloomberg Netflix Inc shares are on course to lose about $40 billion in value on Wednesday after the streaming giant reported its first customer decline in more than a decade. Shares in the company fell as much as 26% premarket trading, extending its plunge this year to 57%. If the losses hold, Netflix is poised to become the worst-performing stock …

  Bloomberg India’s JSW Group, which runs emissions-heavy businesses including steel, cement and energy, plans to switch a majority of its bonds to green instruments as the industrial giant seeks access to longer-term borrowings. Raising debt overseas through green and sustainability-linked bond issues will allow the group led by tycoon Sajjan Jindal to almost double its tenure to 10 years, …

  Bloomberg Denmark wants to temporarily increase its output of natural gas to help Europe wean itself off Russian energy. The Nordic country, which has pledged to stop production of fossil fuels, will start talks with the companies operating in its part of the North Sea and pledged to speed up administrative processes to allow more production, according to a …

  Bloomberg Renewable energy developer Quantum Power Asia Pte agreed to advance a potential $5 billion plan to export clean electricity to Singapore as the city-state attempts to accelerate its use of renewables. Quantum and Berlin-based partner Ib Vogt GmbH aim to construct a 3.5 gigawatt solar facility and 12 gigawatt-hour battery storage facility across 4,000 hectares of land in …

Bloomberg The reports of retail sales and consumer sentiment offered a glimmer of optimism that Americans aren’t ready to pull back on spending en masse in the face of decades-high inflation. Granted, the 0.5% rise in March sales was dwarfed by an even bigger increase in inflation that shows real spending is softening after a stronger start to the year. …

Bloomberg China Eastern Airlines Corp has resumed flights using the same type of plane that recently crashed in southern China, a sign it is working toward putting the entire fleet back in the air. A 737-800 jet flew from Kunming to Chengdu, according to flightradar24.com. Other planes of the same model made by Boeing Co have been used in what …

Bloomberg Amazon.com Inc will levy a 5% fuel and inflation fee on online merchants that use its shipping services, according to documents reviewed by Bloomberg, putting pressure on sellers to raise prices. The surcharge, which is scheduled to kick in April 28, will apply to US sellers who use the Fulfillment by Amazon service that stows, packs and ships products. …

  Bloomberg Starbucks Corp Chief Executive Officer Howard Schultz, moving to further put his stamp on the coffee giant in his third stint at the helm, criticised “false promises” and poor short-term decisions by prior management in a message to employees. In a seven-minute video set to be sent to Starbucks employees and viewed by Bloomberg News, Schultz discussed the …

  Bloomberg Delta Air Lines will stop assessing a $200 monthly surcharge for employees who have not received a coronavirus vaccination, the latest sign that the travel industry is relaxing its approach to the virus even as the US plans to extend a face-mask requirement. The assessment to cover the added costs of Covid-19 illnesses will end April 30, a …