LONDON / AFP Europe’s airline sector is on course for further consolidation, while the region offers “massive opportunities” for growth, according to Carolyn McCall, chief executive of British budget airline EasyJet. “I definitely think there will be consolidation in Europe,” McCall told AFP in a recent interview held in EasyJet’s headquarters at Luton airport, north of London. And she believes ...

Bloomberg Ikea avoided paying at least 1 billion euros ($1.1 billion) in taxes owed to nations in the European Union over the past six years, the EU’s Green party said as it sought a government investigation of findings in a report it commissioned. The Greens/EFA group in the European Parliament said the world’s biggest furniture retailer is using loopholes to ...

Bloomberg China’s retail sales over the Spring Festival holiday rose 11.2 percent from the same vacation period a year earlier, with cinemas posting sharp increases in box- office sales, the country’s Ministry of Commerce said in a statement Saturday. Retail sales and restaurant receipts in the world’s second- largest economy totaled about 754 billion yuan ($115 billion) in the week-long ...