Bloomberg Air France pilots approved the carrier’s plan to carve out a new, lower-cost business to counter increasing pressure from rivals, marking a rare agreement with workers after years of contentious labor relations at the carrier. Flight-deck employees represented by the SNPL union, who account for two-thirds of pilots at the French arm of Air France-KLM Group, voted 58.1 …

  BENTONVILLE / AP Wal-Mart says fourth-quarter earnings fell nearly 18 percent, hurt by its investments in e-commerce and stores. But the world’s largest retailer saw its U.S. business accelerate during the period that covers the holiday shopping season. The Bentonville, Arkansas-based company said on Tuesday it earned $3.76 billion, or $1.22 per share in the three months ended Jan. …

  Dubai / Emirates Business As Deliveroo, the growing on-demand food delivery company, celebrates four years in business, it reveals new figures that demonstrate how the platform is helping restaurants in the UAE win new customers and generate more revenue. With more than 800 restaurant partners in Dubai and Abu Dhabi, restaurant owners have reported a sustained growth in meal …