Bloomberg Airline passengers will need to take Covid-19 tests before flying long after a vaccine for the viral infection is introduced, according to the head of the airport that was Europe’s busiest before the pandemic struck. The time required for a global vaccine roll-out means testing must go hand-in-hand with inoculation if international travel is to return to meaningful levels, …

Bloomberg Australian household spending surged by a record last quarter, led by cafes and clothing and footwear stores as Covid restrictions in much of the country were unwound, underscoring the central bank’s contention that economic growth “increased solidly” in the period. Quarterly retail volumes advanced 6.5% in the three months through September, after declining 3.5% in the prior quarter, the …

Bloomberg Banco Santander SA plans to cut as many as 4,000 jobs in Spain, adding to a global wave of staff reductions across the financial industry. The lender told union leaders it will lay off as much as 13% of its Spanish workforce and close as many as 1,000 branches after the pandemic boosted a switch by customers to digital …