Bloomberg Short-sellers who circled Air France-KLM Group earlier this year found themselves in a fight-or-flight moment, and they’ve fled. Europe’s largest airline has more than doubled in share price since the start of 2017, indicating the carrier has won the battle. Short interest has tapered to just 1.1 percent of shares outstanding on June 30 from this year’s peak of ...

Bloomberg TUI AG is considering resurrecting efforts to form a joint venture with Air Berlin Plc and Etihad Aviation Group by taking a bigger role in the endeavour than originally planned, according to people familiar with the situation. TUI is studying whether to take a majority stake or even full ownership of the proposed leisure airline — which was intended ...

Bloomberg Early summer barbecues and higher prices proved a potent combination for UK supermarket chain J Sainsbury Plc in the first quarter of its financial year. As sweltering temperatures lifted demand for everything from burgers to paddling pools, like-for-like retail sales rose 2.3 percent, London-based Sainsbury said on Tuesday. That compared with the average estimate of nine analysts for a ...