Chinese stocks halted a recent rally as a jump in Covid-19 infections and official comments defending Covid Zero dented optimism for a potential reopening. The Hang Seng China Enterprises Index slipped 0.6% on Tuesday, following gains of about 14% over the past five days. A separate gauge on Chinese tech shares trading in Hong Kong falls 1.6%. China’s potential exit …

Virgin Atlantic Airways Ltd. is seeking additional operating slots at London’s Heathrow Airport as the carrier looks to add more routes to the US and Asia with the arrival of new jets from Airbus SE. The airline, which narrowly avoided collapse during a funding squeeze at the height of the coronavirus crisis, is seeking takeoff and landing positions at Europe’s …

British Airways parent IAG SA said it will return passenger capacity almost to pre-pandemic levels at the start of next year as demand for travel holds up despite a Europe-wide surge in the cost of living. Capacity in the first quarter of 2023 is expected to be around 95% of the 2019 figure, compared with 87% in the current three …