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Singapore Airlines swings to profit as demand roars back

Bloomberg Singapore Airlines Ltd swung to a profit in the three months through June, as the end of travel restrictions across most of the world sparked a surge in demand for flights. The airline said in a statement that it posted net income of S$370 million ($268 million) in the quarter, compared with a loss of S$409 million in the ...

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SpiceJet shares slump as India cuts flights on safety issues

  Bloomberg SpiceJet Ltd tumbled in Mumbai trading after India’s aviation safety regulator limited the number of seats the budget carrier can sell at 50% for eight weeks following several mid-flight incidents, a move that could severely hurt its ability to earn money. SpiceJet shares fell as much as 9.7% on Thursday, the biggest intraday decline since May 6 and ...

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Glossier strikes deal with Sephora

  Bloomberg Glossier, the direct-to-consumer beauty brand, is joining forces with Sephora to mass market its popular products. The deal is the brand’s first-ever partnership with a retailer. Beginning early next year, Glossier will appear in stores across the US and Canada and will be sold on Sephora.com and the Sephora app, Glossier said in a statement. The move looks ...

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