Bloomberg British Airways pilots accepted a pay cut of 20% in a deal to limit job losses, resolving a bitter dispute at the IAG SA unit as carriers seek to weather the global slump in air travel caused by the coronavirus. Just over one-fifth of the 1,255 redundancies initially planned will now go ahead, and some of those may also …

Bloomberg Kenya Airways Plc will resume flights to Tanzania after talks by the two nations’ transport ministers, rescinding a decision by the country’s Civil Aviation Authority. The Tanzanian regulator had cancelled plans to allow the airline to resume flights because it said Kenya excluded Tanzanians from the list of nationals allowed into its territory under revised coronavirus restrictions. “We managed …

Bloomberg Walmart Inc might be one of the few big winners in the pandemic, having posted surging sales month after month, but that isn’t stopping the company from tightening its belt. The world’s biggest retailer has laid off hundreds of workers in units including store planning, logistics, merchandising and real estate, according to people familiar with the matter. It is …