The pandemic has ended a plucky attempt to break the stranglehold that carriers like British Airways and Delta Air Lines Inc have on the transatlantic market. Norwegian Air Shuttle ASA’s decision to cease long-haul services to ensure its survival won’t surprise anyone familiar with its years-long struggle to make money. But this may not be the end of attempts to ...

Honestly, it hasn’t been a great month for Franco-American energy relations. First, a Texas Railroad Commissioner fired off a jeremiad at Engie SA for turning up its nose at US gas. Now Total SE, the French oil champion, is pulling out of the big kahuna of industry lobbyists, the American Petroleum Institute (API). The move is a bombshell but one ...

China’s recovery from the depth of the Covid-19 slump is impressive, and the country will almost certainly be the only major economic power to end 2020 in positive territory. Another world-beating expansion is expected this year. But for all the superlatives, Beijing is years away from becoming a global economic leader. Gross domestic product rose 6.5% in the fourth quarter ...