Bloomberg TUI AG Chief Executive Officer Fritz Joussen is set to leave after almost 10 years at the helm of the world’s biggest tour operator, having steered the company through the Covid-19 crisis. Joussen, 59, will step down at the end of September, according to a statement. Chief Financial Officer Sebastian Ebel will replace him and Mathias Kiep, the ...

Bloomberg US President Joe Biden’s political fortunes have changed dramatically since his first Group of Seven summit last summer, or even his last visit to Europe in March. It couldn’t come at a worse time for his international allies as Russia settles into a long war with Ukraine. German Chancellor Olaf Scholz, who will welcome G-7 leaders in the Bavarian ...

Bloomberg China’s chief envoy to Australia was heckled by several protesters in Sydney on Friday as he delivered a speech that attempted to go some way towards repairing relations between the trading partners. One shouted about the detention of members of the Uighur minority group in China, while another protester called ambassador Xiao Qian “a disgrace” as he addressed the ...