Bloomberg Virgin Atlantic has joined British Airways in criticising long waiting times at passport control at Heathrow Airport, releasing figures showing that the Border Force hit its target for processing passengers from outside the European Economic Area on just one day in July. Virgin says passengers are “frustrated” as waits of more than two hours are becoming the norm. The ...

Bloomberg Aeroflot PJSC, Russia’s largest air carrier, plunged to an almost two-year low after the US threatened sanctions that could include flight restrictions. The State Department announced new sanctions against Russia to punish President Vladimir Putin’s government for allegedly using a chemical weapon against former double agent Sergei Skripal in the UK earlier this year. A second round of sanctions ...

Bloomberg Standard Chartered Plc and Commerzbank AG are among companies targeted by investors suing Steinhoff International Holdings NV to recover as much as 12 billion euros ($13.8 billion) they claim they lost because of accounting irregularities at the retail giant. The suit was filed in Johannesburg and seeks class-action status to cover shareholders who bought Steinhoff stock from June 26, ...