Bloomberg Uniqlo owner Fast Retailing Co expects full-year profit will hit a record as a weaker yen and strong sales globally outweighed a China slump due to Covid Zero lockdowns. The Asian retailer raised its full-year operating forecast to 290 billion yen ($2.1 billion) from an earlier estimate of 270 billion, according to a statement. That topped analyst projections and, ...

  Bloomberg Deutsche Lufthansa AG plans to cut an additional 2,000 flights until the end of August, bringing the airline’s total number of cancellations to almost 6,000 as Europe’s travel disruptions continue to worsen. Most of the flights affected are domestic routes scheduled to take off from Munich or Frankfurt, a representative for the German carrier said. Long-haul flights and ...

Bloomberg United Airlines Holdings Inc’s pilots union says the carrier agreed to re-engage in talks to improve terms of the tentative contract agreement the two sides reached last month. Union sought new talks based on feedback from United pilots who were unhappy with the agreement, Mike Hamilton, head of United’s Air Line Pilots Association unit, told members in video on ...