Bloomberg Best Buy Co. jumped the most in more than two years after modestly improving its profit forecast and signalling its recent sales slump is starting to ease. Adjusted operating income this year will be “slightly higher” than the previous forecast of 4% of sales, the consumer-electronics retailer said as it reported third-quarter results. In addition, the decline in ...

Bloomberg Emergency slides on Airbus SE A380 superjumbos are in danger of bursting when deployed after suffering degradation while jets were idled during the coronavirus crisis, Europe’s aviation regulator warned. Operators of the double-decker must replace escape chutes on two over-wing and six upper-deck exits when returning their aircraft to service, the European Union Aviation Safety Agency (EASA) said in ...

  Bloomberg Jollibee Foods Corp. targets to open at least 100 stores in China next year, said its CEO, who sees lockdowns as a “temporary setback” to the Philippine fast-food chain’s target of getting half of sales from abroad. With food delivery expected to drive growth, the Philippine company that’s known for dishes like fried chicken and sweet spaghetti targets ...