Bloomberg Two of Britain’s best-known retailers celebrated strong sales in the run-up to Christmas but warned that stubborn inflationary pressures are still darkening the outlook. Marks & Spencer Group Plc’s high-end grocery business enjoyed its best ever market share for the festive period as shoppers indulged in festive treats despite the worst cost-of-living crisis in a generation. Meanwhile Tesco ...

  Bloomberg Hong Kong Airlines Ltd said it expects to return to 75% of pre-pandemic capacity by the end of this year and 100% by mid-2024, after increasing operations to 30% this month. The carrier, which had a $6.3 billion debt restructuring plan approved by courts in December, is also raising basic pay by 8% and lifting flying hourly rates ...

  Bloomberg A leading Chinese solar panel maker has leased space for its first US factory in another win for the Biden administration’s efforts to build up the nation’s clean energy manufacturing base. JA Solar Technology Co. will build a $60 million panel plant in Phoenix with plans to be operational by the fourth quarter of this year, the company ...