Bloomberg French electricity demand jumped to a six-week high as the nation began to ease restrictions on travel, business and schools as deaths from coronavirus continued to recede. Appetite for power in Italy and Germany continued to rise, leaving the UK, where coronavirus-related restrictions are slowly starting to lift, on its own with consumption falling week-on-week. A pickup in demand …

Bloomberg Airbus SE is preparing for permanent job cuts after warning unions that it needs to rein in production amid a collapse in demand, people with knowledge of the situation said. Discussions have begun with labour groups in Germany, France and Spain, the people said, with the formal process expected to start next week. The number of positions to be …

Bloomberg Korean Air Lines Co plans to sell new shares to raise about 1 trillion won ($817 million) after the coronavirus outbreak wiped out 90% of its flights. The Seoul-based carrier aims to sell about 79.4 million new shares to existing holders in July, it said in a regulatory filing. The price is initially estimated at 12,600 won a share, …