Bloomberg Australia’s key power market suspended spot trading as it attempts to ease an electricity crunch that’s been worsened by some plants withholding supply after introduction of price caps. The Australian Energy Market Operator said it was taking action after some generators failed to respond to requests to fire up shuttered units and help add more supply to country’s main ...

Bloomberg British Airways has around 3,000 potential recruits stuck in background checks that are taking up to four months, it said at a parliamentary hearing into the travel chaos gripping UK airlines and airports. Appearing before the House of Commons transport committee Tuesday, executives from BA, EasyJet Plc and TUI AG provided details of staff shortages they say are to ...

  Bloomberg Spirit Airlines Inc is holding talks with would-be suitor JetBlue Airways Corp over its revised $3.4 billion all-cash takeover bid and will announce a recommendation from its board ahead of a June 30 shareholder meeting. The deep-discount carrier said it’s also continuing talks with Frontier Group Holdings Inc over a previous buyout deal originally valued at $2.9 billion ...