Bloomberg The recovery of global business-travel spending to the pre-pandemic level of $1.4 trillion has been pushed out 18 months to mid-2026 by inflation, economic slowing and high energy prices, the Global Business Travel Association is forecasting. The return to the 2019 level also is being slowed by supply-chain disruptions, labour shortages, lockdowns in China and the effects of ...

  Bloomberg Paramount Global reached a deal with Walmart Inc to offer its streaming service to subscribers of the retail giant’s membership program. Under the agreement, Walmart+ members will have access to the Paramount+ Essential plan, an ad-supported version of the streaming service, at no additional cost, according to a statement. The offering may bolster Walmart’s appeal as it tries ...

Bloomberg The top American naval commander in Asia criticized what he said were unsafe and provocative actions by Chinese warplanes, reiterating US complaints about behavior that officials argue could prompt a clash. Vice Admiral Karl Thomas, commander of the US Navy’s Japan-based Seventh Fleet, expressed concern Tuesday about increasingly assertive efforts by the People’s Liberation Army to intercept US and ...