Bloomberg Chinese airline shares surged after the government gave airlines more freedom to set fares for domestic flights, easing state control over prices. China removed the caps on full fares and airlines can decide on prices for routes as long as they are served by at least five carriers, according to a joint statement by the Civil Aviation Administration of …

Bloomberg Mothercare Plc reported a sharp drop in UK sales over the holiday season, underlining the depths of the country’s retail crisis as store owners wrestle with higher costs and a shift to online shopping. Like-for-like sales in the UK declined 7.2 percent in the past 12 weeks, the childrenswear retailer said on Monday. Gross margins are also set to …

Bloomberg The company with the biggest grip on Thailand’s brick-and-mortar retail market is expecting a partnership with China’s JD.com Inc. to help it do the same in online sales. Central Group, which controls Thailand’s biggest operator of shopping malls and department stores, expects online sales to account for as much as 15 percent of its revenue in five years, from …