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Airlines can’t afford to wait for vaccine: IATA

Bloomberg The airline industry can’t afford to wait for a vaccine. That’s the message from the International Air Transport Association’s (IATA) chief medical adviser, David Powell. On top of face masks, regular hand washing and sanitising of high-touch surfaces, carriers should work with regulators to introduce reliable coronavirus testing systems for passengers before they board in order to get people ...

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Macy’s is inching back to normalcy with demand

Bloomberg Investors searching for any hints that a retail recovery is underway got a glimmer of hope, with struggling department-store operator Macy’s Inc inching back to normalcy. The department store chain is still losing money as sales remain well below pre-pandemic levels, but CEO Jeff Gennette said demand is picking up across all of its brands. Its adjusted net loss ...

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Arla Foods rises 34% in profit

Bloomberg Arla Foods amba, one of Europe’s top milk producers, reported a 34% jump in profit in the first half of the year as consumers stockpiled products including butter in the midst of the Covid-19 crisis. The pandemic sparked increased dairy consumption in homes, which helped offset declines in the food service sector, according to Arla’s chief executive officer, Peder ...

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