Bloomberg SpiceJet Ltd.’s quarterly loss widened as ballooning fuel costs worsened the airline’s financial distress and offset gains from recovering air travel demand. The no-frills carrier posted a loss of 8.38 billion rupees ($103 million) for the three months through September 30, 49% higher than the deficit in the same quarter last year, according to an exchange filing. “The ...

Bloomberg A recent fizzle in the hype surrounding plant protein consumption will give way to a more sustainable growth trajectory that could see the segment account for 30% or 40% of the global protein market, according to a top Nestle SA executive. Many investors piled into the faux meat market based on overly optimistic expectations of consumer uptake, Chief Technology ...

  Bloomberg Amazon.com Inc. plans to cut about 10,000 jobs, the largest ever headcount reduction at the e-commerce giant as it braces for slower growth and a possible recession. The layoffs, which could begin as soon as this week, will likely target Amazon’s devices group, responsible for the Echo smart speakers and Alexa digital assistant, as well as Amazon’s retail ...