Bloomberg Indonesian authorities evacuated some 100,000 people in the island of Bali and shut its airport after Mount Agung volcano erupted, prompting airlines to cancel about 445 flights linking one of the most popular tourist destinations in Asia. Relocation from around Mount Agung’s crater began as volcanologists warned of a “very high likelihood” for a larger eruption, the National Disaster ...

Bloomberg The holiday shopping season is off to a strong start and retailers hope to continue the momentum today—Cyber Monday—the biggest online spending day of the year. Amazon.com Inc. and Wal-Mart Stores Inc. are vying for holiday spending with competing deals on flat-screen televisions, toys and gadgets. Traditional retailers Macy’s Inc., Sears Holdings Corp. and JC Penney Co. have all ...

Bloomberg Rising incomes and cheaper fares offered by budget carriers are fueling air travel in India, an aviation market set to be the third biggest behind China and the US. In signs traffic is surging, Mumbai on November 24 handled 969 flights in a 24-hour period, a world record for an airport that operates only one runway at any given ...