Bloomberg Cebu Air Inc resumed hiring cabin crew, anticipating a recovery in air-travel demand as the Philippines eases its coronavirus curbs. “The airline has reached out and encouraged former CEB cabin crew to apply as the airline gets ready for growth,” the Philippines’ largest budget carrier said in a statement. The airline unit of conglomerate JG Summit Holdings Inc has …

Bloomberg Discount clothing chain Primark is sticking to its guns as a bricks-and-mortar retailer with plans to increase the store count by about a third, largely in the US, while most rivals focus on e-commerce. Parent company Associated British Foods Plc said it aims to raise the store total to 530 worldwide over the next five years, from 398 currently. …

Bloomberg Traders are betting the Bank of England (BOE) will rapidly raise borrowing costs before reversing course almost as quickly. Again. With inflation looking increasingly sticky, the BOE is expected to raise its key interest rate by 115 basis points over the next 18 months, according to money market pricing. Policy makers are likely to then be forced to unwind …