Bloomberg Russia may be forced to ground between half and two-thirds of its commercial aircraft by 2025 in order to cannibalise them for spare parts, Kommersant newspaper reported, citing an unidentified person at the Transport Ministry. In the ministry’s base case, at least 70% of the country’s foreign-made planes will still be flying by the end of 2025, Kommersant ...

  Bloomberg Chinese holidaymakers face another holiday season ruined by virus outbreaks and controls, with the government’s stringent Covid Zero restrictions and fears of infection expected to keep many people at home during the upcoming Labor Day break. Travel was already down in March, when the biggest Covid-19 outbreak in two years prompted officials to lock down major cities like ...

Bloomberg Russia’s war on Ukraine has triggered a profound reassessment in European capitals of their individual and collective relations with China. Confronted by the need to rapidly unwind a dependence on Russian energy built up over decades, government officials from Rome to Prague are re-evaluating the extent of their economic and political ties to China. Senior lawmakers in Berlin who ...