Bloomberg United Airlines Holdings Inc sank after failing to forecast when a demand rebound would improve results, about a week after Delta Air Lines Inc. said a profit was in reach by the third quarter. This year will serve as a “transition” after the collapse in travel demand because of the coronavirus pandemic, United said as it reported fourth-quarter earnings. …

Bloomberg UK retail sales rose less than expected in December, adding to evidence that a succession of Covid-19 lockdowns is dragging down the economy. Sales in shops and online increased 0.3% after declining in November, the Office for National Statistics (ONS) said. That’s a percentage point less than economists had expected. From a year earlier, sales rose 2.9%. The report …

Bloomberg New-home sales in London are plummeting as lockdowns hurt demand and investors hold back from building apartments. Sales of newly built homes totaled 4,190 in the fourth quarter, down 27% from a year earlier, according to preliminary data compiled by researcher Molior London. The figures are based on transactions at developments with at least 20 units, which are predominantly …