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Virgin Atlantic plans to add 84 routes at ‘expanded Heathrow’

Bloomberg Virgin Atlantic Airways Ltd will add 84 destinations including Beijing, Buenos Aires and Sydney if the expansion of London’s Heathrow airport is accompanied by a shakeup in the way operating slots are allocated. The airline would like to serve 35 new long-haul destinations from Europe’s busiest hub, on top of the 19 it offers, plus 37 cities in continental ...

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Ocado’s retail business grows as company focuses on tech

Bloomberg Ocado Group Plc‘s retail business keeps steaming ahead as the UK online grocer counts down a year to the launch of its partnership with Marks & Spencer Group Plc. Retail revenue grew 11 percent for the 13 weeks through September 1, even though the average order size was down slightly. The company kept its projection for 10 percent to ...

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US’s retail holiday sales poised to rise

Bloomberg Holiday retail sales will increase by 4.5 percent to 5 percent to more than $1.1 trillion this year as a strong US job market offsets concerns about an economic slowdown and the trade war with China, according to Deloitte. “Near record-low unemployment rates, coupled with continued monthly job creation, may encourage people to spend more during the holiday season,” ...

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