Bloomberg British Airways parent IAG SA is stuck on the starting blocks amid lingering coronavirus curbs as one of its biggest European competitors reaps the benefits of a late-summer travel rebound. London-based IAG, which also owns Spain’s Iberia and Aer Lingus of Ireland, provided no guidance in an earnings update and said it will offer only 45% of 2019 capacity …

Bloomberg Amazon.com Inc’s weaker-than-expected second-quarter results has sent its founder’s fortune tumbling. The net worth of Jeff Bezos fell $13.5 billion after the after-market results missed Wall Street’s expectations and foreshadowed an end to the retailer’s pandemic-fueled sales surge. The drop erased 80% of his wealth gains for the year. Amazon’s shares dropped 7.2% to $3,339.18 at 9:53 a.m. in …

Bloomberg The bigger they are, the harder they fall. Amazon.com Inc’s shares plummeted as much as 8.1% on July 30 after the retail giant reported sales below analyst estimates for the first time since 2018. That pared more than $130 billion from the company’s market capitalisation, a figure that, if it were for a single company, would be larger than …