Bloomberg Jumia Technologies AG is facing fresh competition from startups in the African e-commerce and logistics market after the Covid-19 pandemic increased demand for online deliveries. The US-listed firm is seen as one of the pioneers of internet trading in sub-Saharan Africa, which trails the rest of the world due to challenges including weak internet connections and unreliable addresses. But ...

Bloomberg London City Airport Ltd will pause the building of the next stage of a 480 million pound ($628 million) expansion due to a slower-than-expected recovery of the UK aviation industry from the Covid-19 pandemic. The airport operator will postpone plans to extend its passenger terminal and new east pier from the end of this year, the company said in ...

Bloomberg Deliveries of commercial aircraft over the next ten years will be 30% lower than previously forecast, Aviation Week Network said in a video conference. The prediction spans regional jets to widebody planes, and the latter will be hardest-hit, Aviation Week analyst Dan Williams said on the call. Covid-19 pandemic has battered demand for air travel, with most industry participants ...