Bloomberg Qantas Airways Ltd shares fell the most in almost eight months as the airline flagged higher-than-expected spending on planes in an immediate attempt to cope with the rapid rebound in passenger growth. Demand for flights will “remain strong” into the second half of 2023 and fares will stay significantly above pre-pandemic levels, Qantas said. But with supply-chain blockages ...

  Bloomberg Target Corp will invest $100 million to add six new package-sorting centres in a push to expand its next-day delivery capabilities. The new hubs will be operating by the end of 2026, Target said in a statement. Target already has nine sorting centres, which are located in Colorado, Georgia, Illinois, Minnesota, Pennsylvania and Texas. The company is still ...

  Bloomberg EBay Inc projected revenue in the current quarter that didn’t convince investors the company’s efforts to revive sales are beginning to work. The shares declined in premarket trading. Revenue will be $2.46 billion to $2.5 billion in the period ending in March, or about the same as a year earlier. In the fourth quarter, sales fell 3.9% to ...