Bloomberg Ryanair Holdings said strong demand across Europe and the UK drove its best ever sales last weekend as people continue to plan summer getaways despite the surging cost of living. Passenger bookings at Europe’s biggest discount airline exceeded two million, surpassing the previous record set in 2019 by 400,000 or 25%, Chief Executive Officer (CEO) Michael O’Leary said ...

Bloomberg Amazon.com Inc is set to begin a round of layoffs ultimately affecting more than 18,000 employees in the largest job cull in its history, which it announced earlier this month. The cuts come as the retailer grapples with slowing online sales growth and braces for a possible recession affecting the spending power of its customers. The eliminations started last ...

  Bloomberg Electrolux AB fell the most in six months in Stockholm trading after the Swedish appliance product maker reported a loss that was about four times bigger than estimated. The Stockholm-based company expects a fourth-quarter operating loss of about 2 billion kronor ($190 million), according to a statement. That compares with an average loss estimate of 575 million kronor ...