Singapore / AFP Global airlines are expected to post record profits of almost $40 billion this year, the head of industry body IATA said on Thursday, but he warned the sector faced threats from terrorism, a sharp rise in oil prices and protectionism. Alexandre de Juniac, who took the reins at the International Air Transport Association on September 1, …

  Paris / AFP US online retailing giant Amazon rolled out across Europe on Thursday its section where it features hand-crafted products sold directly by artisans. More than a thousand European artisans have joined Handmade, where they can present their wares on the e-commerce website as well as explain their craft and the unique properties of each object.Amazon emerged as …

  Bloomberg IndiGo, India’s biggest airline, will buy 20 Airbus Group SE A321neo jets instead of smaller A320neos as planned, as carriers increasingly opt for planes that can transport more passengers and fly longer distances. “IndiGo has converted 20 A320neo aircraft into A321neo,” the Gurgaon, India-based company said in an e-mailed response to questions, without providing further details. The carrier’s …