Bloomberg Qantas Airways Ltd’s vision for the first direct flights from Sydney to London is inching closer to reality as Boeing Co. and Airbus SE finalize proposals for longer-range jets needed to span the 10,600-mile trip. Qantas is also stepping up work on making the estimated 20-hour journey to the UK capital and cities including New York and Paris more …

Bloomberg A shortage of pilots has caused chaos for thousands of passengers during peak travel season in the region, as cockpit crew complaining of overwork extended a strike at Taiwan’s biggest carrier to a fourth day. Since the pilots’ union of China Airlines Ltd. decided to stay away from work, the carrier has scrapped more than 60 flights, taking the …

Bloomberg Mattel Inc. soared as much as 30 percent, the biggest intraday gain on record after the toymaker’s quarterly results blew past estimates, and posted its first earnings beat in three years. Analysts applauded the Barbie- and Hot Wheels-driven sales strength and believe that, together with the gross margin and earnings beat, shares should move higher. And, while highlighting global …