Christopher Balding When the Chinese appliance maker Midea Group announced a bid for the German robotics manufacturer Kuka AG this spring, it seemed like something of an omen. Kuka makes robots that specialize in assembling goods on a factory floor — exactly the kind of work that has lifted millions of Chinese out of poverty. After opening up to …

  Bloomberg Ryanair Holdings Plc surprised investors by sticking to its fiscal 2017 profit forecast with a plan to lower fares to lure more passengers even as Britain’s decision to quit the European Union and a string of terrorist attacks in major European markets weigh on demand. Europe’s largest discount airline plans to carry 117 million passengers in the 12 …

  Bloomberg Global airlines will need to hire 30,850 pilots a year for the next two decades to keep pace with new planes on order and surging demand for air travel, according to a forecast by Boeing Co. Carriers will need to recruit and train about 617,000 pilots to fly the 39,620 aircraft, valued at $5.9 trillion, that the U.S. …