BLOOMBERG Frasers Group Plc, the retail empire majority owned by tycoon Mike Ashley, has raised its stake in struggling online fashion hub Asos Plc. Already Asos’s third-largest shareholder, Frasers raised its holding to 8.8% from 7.4%, according to a filing. The stake has grown from around 5% in October. Ashley founded Sports Direct four decades ago and built it into ...

BLOOMBERG Japan’s two biggest airlines are in advanced talks to buy aircraft from Airbus SE and Boeing Co, with announcements possible as soon as the Paris Air Show this month, according to people familiar with the matter. All Nippon Airways (ANA) is looking to place orders for as many as 50 Airbus A321neo jets, said the people, who asked not ...

BLOOMBERG KLM will need to defend its ad campaign promoting climate-friendly flying in court over greenwashing allegations after an Amsterdam judge paved the way for a full trial. The Dutch arm of Air France-KLM’s advertisements “breach EU consumer law standards by creating a false impression that its flights do not contribute to the worsening climate emergency,” environmental campaigners Fossielvrij and ...