Bloomberg Falling gasoline prices pushed down Canadian retail sales for a second straight month in December, ending what was a weak fourth quarter and lackluster year for the industry. Retailers posted a 0.1 percent drop in receipts in December, extending a 0.9 percent drop in November — the most sluggish back-to-back monthly performance last year. For all of 2018, sales ...

Bloomberg Qantas Airways Ltd. expects to completely recover higher fuel costs this fiscal year due to strong demand for air travel, even after rising oil prices dented first-half profit. The airline’s first-half underlying profit before tax fell 19 percent to A$780 million ($559 million) from a year earlier but Qantas announced more returns to shareholders with a A$305 million stock ...

Bloomberg Optimism over a travel boom in southern China has fueled a surge in shares of China’s third-biggest airport. But some analysts say the rally in Shanghai-listed Guangzhou Baiyun International Airport Co. will probably run out of steam soon. Baiyun Airport has gained 25 percent this year, outperforming a 20 increase in the broader A-share market. It was mainly fueled ...