Bloomberg Richemont and Burberry Group Plc said consumer spending in China is already rebounding after three years of pandemic lockdowns and a virus surge that cost the luxury-goods makers almost a quarter of their sales there last quarter. Burberry Chief Financial Officer Julie Brown pointed to “very promising signs in January” in the key luxury market. A Richemont spokeswoman ...

  Bloomberg A Qantas Airways Ltd. flight to Sydney returned to Melbourne with potential engine trouble, the airline’s third consecutive day of mid-air mechanical issues following a mayday alert by a plane en route from Auckland. The pilots of flight QF430 on Friday received an indication of a minor engine problem and turned back to Melbourne as a precaution, Qantas ...

  Bloomberg A marketing vice president at Starbucks Corp. is leaving the company, continuing an exodus of executives since Howard Schultz returned to the helm. Jen Quotson, vice president of creative studios at Starbucks, is departing the coffee chain after 14 years. She spent more than eight years in her most recent role, according to her LinkedIn profile. A company ...