Bloomberg Wizz Air Holdings Plc said it will cut fares at the expense of profitability in a bid to pack planes and grab market share as European travel demand rebounds. The low-cost carrier posted a second-quarter profit but forecast a 200 million-euro ($232 million) operating loss for the current three months that “may carry over” into early 2022. Wizz, already ...

Bloomberg Boeing Co directors agreed to a $237.5 million settlement of claims they turned a blind eye to safety issues related to 737 Max jetliners whose crashes have cost the company more than $20 billion, according to court documents. The settlement, which is being paid by insurers covering Boeing’s directors and executives, will be handed over to the company rather ...

Bloomberg Selfridges & Co held discussions with potential investors about splitting off its e-commerce business while also considering a potential sale of the department store group, according to people familiar with the matter. The luxury emporium, best known for its giant department store on London’s Oxford Street, considered spinning off Selfridges.com from its lucrative property holdings, which are far larger ...