Bloomberg Reckitt Benckiser Group Plc is considering whether to shelve the sale of its infant nutrition unit, as the high-profile deal falls victim to chaos in the industry and worsening financing markets, people familiar with the matter said. Talks between the London-listed consumer goods and potential acquirers have stalled in recent weeks. The business, which sells brands including Enfamil, was …

Bloomberg Hennes & Mauritz AB (H&M) reported second-quarter earnings that beat analysts’ estimates as shoppers snapped up its low-cost clothing to replenish post-Covid-19 wardrobes. The shares rise as much as 6.5% in Stockholm. Pretax profit at the Swedish retailer rises by a third to 4.78 billion kronor in the three months through May, the company said on Wednesday. Analysts had …

  Bloomberg Air New Zealand has had its SkyNest concept in development for the past five years and announced on June 28 it’s ready for prime time—in 2024. The seats are fully flat, made up with real mattresses plus cooling pillows and bedding, and located in the back of the plane, right behind the premium economy cabin. But like everything …