Bloomberg JD.com Inc., the operator of China’s second-biggest online mall, reported a surprise quarterly profit as investments in logistics and new arenas such as fashion attracted shoppers. Net income was $152 million in the three months ended in September, the Beijing-based company said on Monday. That compares with the 114.1 million yuan loss expected by analysts. Sales for the quarter ...

Bloomberg UK shoppers are in a sorry state. Visa’s UK consumer spending index fell 2 percent last month, a decline that was the quickest since September 2013 and “driven by a sustained reduction in high street expenditure.” A separate report from the British Retail Consortium showed shoppers’ footfall decreased 2 percent on an annual basis in the month, the biggest ...

Bloomberg Kenya Airways Ltd.’s court-ordered reinstatement of its former finance director threatens to undermine the newly appointed chief executive officer’s bid to overhaul the debt-laden carrier. Alex Mbugua, who was dismissed in January 2016, won a High Court bid to be allowed to return to work or be paid three years’ salary plus compensation. His reinstatement was ordered four days ...