Bloomberg Air New Zealand posted its third straight annual loss but indicated the worst is over and it expects earnings to improve now that borders have reopened. The Auckland-based airline announced a loss before significant items and tax of NZ$725 million ($450 million) for the year ended on June 30 compared with a NZ$444 million loss a year earlier. ...

  Bloomberg Bed Bath & Beyond Inc shares jumped 18% after a report that the home goods retailer has selected a lender to provide financing as it seeks to boost liquidity. The company has picked a lending proposal after talks with investors for a new line of credit, Bloomberg reported, citing people with knowledge of the private discussions. Bed Bath ...

Bloomberg Qantas Airways Ltd Chief Executive Officer Alan Joyce defended the airline’s performance and pushed back against calls for him to resign after months of travel chaos, with a post-pandemic surge in demand plagued by flight delays, cancellations and lost luggage. “I think I’ve had more resignation requests than any other CEO or public figure out there,” Joyce, who has ...