Bloomberg Hong Kong expects air passenger traffic to recover to as much as 70% of pre-pandemic levels by the end of next year and return to normality by 2024, South China Morning Post (SCMP) reported, citing an official. Deputy Director of Airport Operations Steven Yiu Siu-chung brushed aside concern about the airport’s status as an aviation hub, the newspaper ...

Bloomberg Amazon.com Inc is poised to settle European antitrust probes over how the US ecommerce giant uses rivals’ sales data and whether it unfairly favours its own products. The European Commission is likely to accept Amazon’s binding proposals by the end of the year — that includes a commitment to stop using data on independent sellers on its marketplace for ...

Bloomberg US retailers discounted heavily on Black Friday to clear out bloated inventories but customers responded with only modest traffic, leaving profitability in doubt for many chains. Crowds were thin at Connecticut’s Stamford Town Center mall, with few shoppers at Kay Jewelers and just a small line at Forever 21. A couple at a Walmart Inc supercenter near Dallas reveled ...