Bloomberg EasyJet Plc shares rose after the UK airline said it will defer the delivery of another 22 Airbus SE jets to conserve cash as the coronavirus crisis continues to depress travel demand. Europe’s second-largest discount carrier will postpone the handovers, which were due over a three-year period starting in October 2021, to the 2027-2028 period. The timing of 15 ...

Bloomberg The pandemic aid package negotiated by Congressional leaders includes $15 billion to reinstate payroll reimbursements to airlines that expired two months ago, according to two people familiar with the legislation. The legislation is similar to provisions in an earlier pandemic aid package that expired on October 1, which barred layoffs and came with other restrictions. The tentative agreement also ...

Bloomberg Nike Inc gained in late trading after second-quarter revenue and profit topped Wall Street’s expectations, bolstered by e-commerce sales and rebounding growth in China. Sales rose 8.9% to $11.2 billion in the quarter ended on November 30, the athleticwear company reported. Analysts had projected $10.6 billion. Earnings grew to 78 cents a share, compared with a 62-cent estimate. The ...

Bloomberg A Federal Aviation Administration (FAA) test to gather data on returning the Boeing Co 737 Max to service was improperly influenced by the company, according to a US Senate investigative report. The 101-page report, based on a whistle-blower account, alleged that the FAA and Boeing officials were attempting to create “a pre-determined outcome” by essentially coaching pilots before testing ...

Bloomberg Ireland’s Ryanair Holdings Plc has cancelled some UK domestic services after it said the country’s Civil Aviation Authority (CAA) imposed rules that made the operation of those flights impossible. The CAA said the rules weren’t new. The CAA said that it was incorrect for Ryanair to state that the authority has changed its policy at short notice, saying that ...

Bloomberg The European Union (EU) rebuffed Prime Minister Boris Johnson’s latest concessions on fishing rights, dealing a setback to efforts to secure a post-Brexit trade deal. Johnson spoke with Commission President Ursula von der Leyen twice by phone to try and break the deadlocked negotiations. The UK made an offer that would see value of the fish EU boats catch ...

Bloomberg The United Nations (UN) asked Ethiopia to grant humanitarian agencies access to the embattled Tigray region and allow independent investigations into alleged war crimes. The continuing lack of access, coupled with an ongoing communications blackout in many areas, increases concerns about the circumstances for civilians, the UN High Commissioner for Human Rights Michelle Bachelet said in a statement on ...

Bloomberg The US Commerce Department added more than 100 Chinese and Russian companies to a new list of firms it says have links to their nations’ militaries, a move that will sharply curtail certain types of exports. The list of 58 Chinese and 45 Russia companies means anyone seeking to sell items that could eventually be used for military purposes ...

Bloomberg Afghan President Ashraf Ghani ordered authorities to investigate the shooting death of a prominent Afghan journalist — the fifth reporter to be killed in less than two months as the government and the Taliban push ahead with peace talks to end the country’s 19 year conflict. Ghani described the murder as an “attack on freedom of speech and a ...

Bloomberg Former Japanese Prime Minister Shinzo Abe was questioned by prosecutors looking into allegations political funds were improperly used to subsidise parties for voters, Kyodo News reported, in a case casting a shadow over the current premier. Abe submitted to voluntary questioning by prosecutors, Kyodo cited sources close to the matter as saying. The Kyodo report added prosecutors are seeking ...