Bloomberg Reliance Retail, owned by Indian tycoon Mukesh Ambani, has withdrawn from the race to buy Debenhams Plc, The Sunday Times reported, quoting a source close to the process. Reliance had denied previous reports that it was in talks about buying all or part of Debenhams. Multiple parties remained interested in the company, according to The Sunday Times. The UK ...

Bloomberg Airbus SE delivered more aircraft in September than any month this year, a victory in the European planemaker’s battle to keep factories running and revenue flowing amid a prolonged downturn in air travel. The tally of 57 jets, mostly single-aisle with a handful of long-range aircraft, compared with 39 handovers recorded in August, according to a statement. Still, Airbus ...

Bloomberg Qantas Airways launched a sight-seeing flight across Australia in the airline’s latest effort to contend with the impact of the pandemic on the tourism sector. The “full-day outing” from Sydney took off morning with 150 passengers and was scheduled to pass over some of the country’s key landmarks, including Uluru, the famed red sandstone monolith in the Northern Territory, ...