Bloomberg Ryanair Holdings agreed to buy an Austrian airline from former Formula One motor-racing champion Niki Lauda, only the second acquisition in the Irish carrier’s history. The low-cost giant will pay Lauda less than $61.7 million for a majority stake in LaudaMotion, which retook control of carrier Niki just two months ago following the insolvency of Air Berlin. The aviation ...

Bloomberg British retailer John Lewis Partnership Plc is opening its 50th department store in London amid a spate of retail restructurings and outright collapses. In a bid to draw in shoppers, it’s doubling down on everything it says Amazon.com Inc. can’t do. The employee-owned retailer wants to build more personalised relationships with its customers through concierge-style services and educational sessions ...

Bloomberg Energy-related companies led a rise in US stocks as equity markets looked to shrug off weakness in technology. Government bond yields increased as investors braced for higher US borrowing rates. Oil climbed to a two-week high as output curbs by OPEC and its allies continued to deplete the remnants of a global supply surplus, helping to lift the shares ...