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British Airways stops ticket sales on some Heathrow flights

Bloomberg British Airways halted ticket sales on some short-haul services out of London Heathrow airport through next Monday to make room for passengers who’ve had their flights scrapped amid capacity caps at the hub. The unit of IAG SA said the move follows Heathrow’s request for carriers to limit new bookings after introducing a limit of 100,000 daily departing customers ...

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Germany’s retail sales plunge most since 1980

  Bloomberg German retail sales plummeted in June as consumers cut spending on non-essential goods to cope with record inflation. Sales were down 9.8% from the previous year, the most since 1980 — before the country’s reunification. Non-food items such as furniture and household appliances or clothing and shoes registered even steeper declines. The data add to an already strained ...

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Nancy Pelosi visits Taiwan, defying Chinese warnings

Bloomberg US House Speaker Nancy Pelosi became the highest-ranking American politician to visit Taiwan in 25 years, prompting China to announce military drills encircling the island. Pelosi greeted Taiwanese officials including Foreign Minister Joseph Wu on the tarmac, where she posed for photos. In a statement, she said her visit “in no way contradicts longstanding United States policy” and that ...

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