Bloomberg Temasek Holdings Pte increased its internal carbon price to $50 a ton as the Singapore state-owned investor takes steps to meet a net zero target by 2050. The $287 billion fund lifted the internal price from $42 a ton, and plans to increase it further to $100 a ton by 2030, according to the investor’s annual report released …

  Bloomberg Air Canada’s hope for a strong recovery in 2022 has been foiled by chaos at Canada’s biggest airports. Travellers are back in big numbers as the summer vacation season kicks off. But Toronto’s Pearson International Airport has descended into scenes of long lines and a sea of luggage, and the nation’s largest airline is paying the price. About …

  Bloomberg Frontier Group Holdings Inc asked buyout target Spirit Airlines Inc to further delay a shareholder vote on their proposed merger, saying it’s still “very far” from winning sufficient support because of a higher offer from rival JetBlue Airways Corp. Frontier also asked Spirit’s board to publicly reaffirm its commitment to their original agreement reached in February in light …