Wednesday , 17 December 2025

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American to revive flying long haul

Bloomberg American Airlines is resuming much of its short-distance service to Latin America and starting to bring back longer flights over the next few weeks, building off of its dominance in the region among US rivals. South America is the strongest part of American’s long-haul system amid the coronavirus pandemic “when, admittedly, all of it is relatively weak,” Chief Revenue …

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China tech selloff swells to $200bn on antitrust rules

Bloomberg Chinese technology giants from Alibaba Group Holding to Tencent Holdings shed almost $260 billion of market value over two days of frantic selling, as investors scrambled to assess the fallout from Beijing’s broadest attempt to rein in its most powerful private-sector firms. Technology shares tumbled for a second day after Beijing issued regulations designed to curb the growing influence …

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Stocks in Europe, Asia advance on cyclicals

Bloomberg Stocks rise in Europe and Asia on Wednesday as investors continued a rotation into cyclical industries at the expense of technology shares. Crude oil rises. Gains in travel, energy and consumer stocks pulled the Stoxx Europe 600 Index higher at the open. Tech shares underperformed, including Dutch Internet provider Prosus NV and equities in Japan, Korea and Australia climbed …

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