Bloomberg British Airways is planning to cut the number of flights it operates from London Gatwickas the coronavirus pandemic continues to slam the travel industry, the Mail reported. The carrier aims to shift business to Heathrow — Britain’s largest airport — where it will counter falling demand for business travel by boosting premium leisure flights to long-haul holiday destinations, the …

Bloomberg The Bank of Japan (BOJ) is likely to consider changing its inflation forecasts to reflect the short-term impact on prices of a government travel campaign at its policy meeting next week, according to people familiar with the matter. The central bank will probably discuss cutting its price projection for the year ending in March to account for the downward …

Bloomberg UBS Group AG posted better-than-expected third-quarter profit and set aside $1.5 billion for share buybacks next year as Chief Executive Officer Sergio Ermotti prepares to hand over to Ralph Hamers. The Zurich-based wealth manager — the world’s largest — followed US banks in reporting earnings that benefited from increased market volatility and higher transaction-based income. It also unexpectedly saw …