BLOOMBERG  Prime Minister Rishi Sunak faces a new electoral challenge after Boris Johnson’s surprise resignation from Parliament triggered at least three by-elections that could highlight softening support for the Conservative Party. Johnson quit after receiving the finding of the Parliament’s Privileges Committee investigation into whether he misled lawmakers over his knowledge of Covid-19 rule breaches by officials. While the findings …

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 …