Bloomberg British Airways owner IAG SA’s Irish and Spanish businesses spurred gains in passenger traffic at the company last year as expansion at the UK arm slowed. Dublin-based Aer Lingus, purchased by IAG in 2015, posted a 12 percent traffic increase, while the advance at Madrid-based Iberia accelerated to 7.6 percent, according to a statement from the group. London-based IAG, …

Bloomberg A wave of cancelled flights is moving north to New York and Boston as the first major winter storm of 2018 threatens to paralyse cities and airports over the next couple of days. Airlines have scrapped more than 2,100 flights on January 4 so far on top of 558 on January 3, according to FlightAware, an online tracking service. …

Bloomberg A safety overhaul of China’s notorious baby-formula industry removed about 1,400 products from store shelves this week, clearing the way for international brands such as Nestle SA and Danone to grab greater shares of a $20 billion market. The regulations, effective from January 1, require factories making formula to register those products with China’s Food and Drug Administration (FDA) …