Bloomberg London’s Heathrow airport, which has operated close to the capacity of its two runways since the start of the decade, eked out a further 700,000 passengers to extend its lead as Europe’s top travel hub in 2016 as growth in Paris stuttered and Istanbul and Frankfurt fell back. Heathrow’s traveller tally increased 1 percent to 75.7 million, while …

  Bloomberg As Britain’s retailers reported on what for most was a successful holiday season, one of the biggest and most storied of all warned that it expects a particularly difficult year ahead. Employee-owned John Lewis Partnership said that Brexit-induced inflation and a rise in online competitors are increasingly pressuring earnings. Such is its concern that the owner of John …

  Bloomberg Air France-KLM Group Chief Executive Officer Jean-Marc Janaillac delivered a downbeat assessment of the carrier’s prospects for 2017, saying it faces ‘difficult’ times in the year ahead amid rising oil prices and an ongoing struggle to rein in expenses. Weak margins combined with high debt remain the greatest challenges to Europe’s biggest airline, Janaillac said in an address …