Bloomberg Amazon.com Inc is beginning air freight services in India, expanding in Asia even as global online sales growth stalls following a pandemic-era boom. The e-commerce retail giant will use cargo capacity in a Boeing 737-800 aircraft operated by partner Quikjet Cargo Airlines Pvt to begin shipments in Hyderabad, Bangalore, New Delhi and Mumbai, said Akhil Saxena, a vice …

  Bloomberg Canadian consumers remained resilient in December, even in the face of elevated inflation and rising interest rates. Receipts for retailers jumped 0.5% last month, according to an advance estimate released by Statistics Canada. That follows a 0.1% drop in November, which was led by lower sales of food and beverages, as well as building material and garden supplies. …

  Bloomberg UK retail sales fell unexpectedly last month, finishing the worst year on record as a brutal cost-of-living squeeze pointed towards more pain ahead for the economy. A 6.1% drop in the volume of goods purchased in shops and online reported by the Office for National Statistics (ONS) was the sharpest since records started in 1989. A separate report …