Bloomberg European natural gas prices headed for a third straight weekly decline as fears over further disruptions to Russian supplies waned. Benchmark futures fell as much as 4.3%, hitting the lowest level since the start of the war in Ukraine. Russian shipments are expected to remain stable, even as flows through one cross-border point in Ukraine remain cut off …

Bloomberg Delta Air Lines Inc is cutting flights just ahead of the busy Memorial Day weekend and through the summer to help it recover faster from bad weather, higher-than-expected worker absences and other issues that have rattled recent operations. The airline said it will trim about 100 flights a day in the US and Latin America from July 1 through …

Bloomberg Alibaba Group Holding Ltd soared after reporting revenue rose a better-than-expected 9%, reassuring investors trying to come to grips with the economic cost of sweeping lockdowns intended to eradicate Covid-19. The shares rose more than 12% in Hong Kong after the company reported revenue climbed to 204.05 billion yuan ($30.3 billion) in the March quarter, beating analysts’ projections. Chief …