Bloomberg Global remittances will likely grow by $34 billion this year and about $31 billion in 2022, reversing last year’s decline, as economies recover from the impact of the coronavirus pandemic, according to the Asian Development Bank (ADB). Estimated remittance growth of 4.8% globally this year reflects a comparison to last year’s low base, as well as migrant workers’ …

  Bloomberg Flight cancellations that disrupted US travel over the Christmas weekend stretched further, with winter storms further pressuring carriers that were already short-staffed because of spreading Covid-19 cases. About 1,160 US flights were cancelled on December 27 after more than 2,800 were dropped over the weekend, according to data from FlightAware.com. One of the hardest-hit carriers was Alaska Air …

  Bloomberg Indonesia became the latest country to allow Boeing Co’s 737 Max planes back to its skies, joining Ethiopia in lifting the ban on the aircraft that crashed in both countries more than two years ago. The transport ministry will let airlines resume flying the aircraft in its territories after completion of the investigation process and improvements made to …