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Chinese travel rebound to take months amid hurdles to flights

  Bloomberg Travel from China may need another four months to show a significant increase, despite the country just recently dropping Covid-related curbs on foreign trips. Overseas journeys from the Asian nation are unlikely to ramp up before the second quarter, most probably from the national Labour Day holiday on May 1, according to aviation data provider OAG. Chinese travellers ...

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Record rise in air fares for UK holidaymakers

  Bloomberg British holidaymakers seeking a winter getaway have been hit by the fastest increase in air fares since records began as airlines warn passengers of an end to budget travel. Official data showed that air fares jumped 44.1% compared with a year earlier as carriers report strong demand for flights despite the cost-of-living crunch squeezing UK households. It marked ...

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Unilever India’s profit beats estimates, hikes royalty payout

Bloomberg Unilever Plc’s Indian unit reported a better-than-expected quarterly profit as the declining prices of key raw materials, including palm oil, boosted the consumer goods giant. It also raised the royalty payout to its European parent. Mumbai-based Hindustan Unilever Ltd. posted a net income of 25.1 billion rupees ($309 million) for the quarter ended December 31, according to an exchange ...

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