It doesn’t matter whether Russia couldn’t, or wouldn’t, boost natural gas supplies to Europe in recent weeks. Either way it has undermined its claim to be a reliable supplier. It’s also boosted the case for its most important customers to reduce their dependence on Moscow-controlled supplies and boost domestic renewable energy sources. The well-documented shortage of natural gas currently being ...

Bloomberg Airbus SE boosted its financial targets for the second time this year while confirming a production ramp-up that would cement the European planemaker’s advantage over Boeing Co. The shares rose as much as 3.2% after Airbus said adjusted operating profit will reach $5.2 billion in 2021. The company reversed some of the charges it took for Covid-19 disruptions as ...

Bloomberg American Airlines Group Inc cancelled 460 flights after weather conditions affected its staffing needs. The cancellations made up 9% of its mainline and regional flights, it said. With two days of severe weather at its Dallas-Fort Worth hub, its arrival capacity was cut by more than half, it said. The weather conditions also meant it could use just two ...