Bloomberg British Airways will work with hydrogen plane startup ZeroAvia to speed the switch to hydrogen power for commercial aircraft. The partnership was announced, as the head of parent IAG SA prepared to outline the group’s plan to reach net-zero emissions at a United Nations climate summit. The legacy airline will work with the startup, which has already demonstrated a ...

Bloomberg Nestle’s organic sales should grow this year on average at roughly the same pace as last year, according to Chief Executive Officer Mark Schneider. The world’s largest food maker generates some 90% of its revenue from in-home consumption, which has benefited from lockdown and social-distancing measures, Schneider said on Swiss television program Bilanz Standpunkte on SRF 1. On the ...

Bloomberg China’s antitrust watchdog fined Alibaba Group Holding Ltd and a Tencent Holdings Ltd unit over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger, signalling Beijing’s intention to tighten oversight of internet sector deals. The State Administration for Market Regulation said it’s reviewing the combination of DouYu International Holdings Ltd with Huya Inc, which could ...