There were “no limits” to their bonds, declared the leaders of Russia and China earlier this year. More than six months, one messy invasion and a plethora of Western sanctions later, it turns out that perhaps there were a few. The slogan didn’t even appear to surface in the comments by Chinese President Xi Jinping and Russian leader Vladimir ...

  Bloomberg FedEx Corp’s profit warning this week hit a nerve with global markets already jittery over the state of the economy. Shares of the delivery giant sank 21% last week, wiping out $11 billion in market value, and dragging the broader market to its worst week since June, as the results fuelled concern of weaker e-commerce and business-to-business activity. ...

Bloomberg Senator Elizabeth Warren urged federal airline regulators to block JetBlue Airways Corp’s proposed merger with Spirit Airlines Inc. by invoking a rarely used authority from the 1950s to argue that the $3.8 billion deal isn’t “consistent with the public interest.” In a letter to Transportation Department Secretary Pete Buttigieg, Warren, a Massachusetts Democrat, said the agency could use its ...