Bloomberg Singapore Airlines Ltd will cut more flights across its global network through May as the outbreak of the novel coronavirus discourages people from travelling. The carrier and its SilkAir unit will reduce flights to cities including New York, London, Frankfurt, Tokyo and Sydney, according to a statement on its website on Tuesday. The company warned that it faces “significant” …

Bloomberg China’s aviation market, projected to overtake the US this decade and become the world’s biggest, has shrunk to such an extent due to the coronavirus outbreak that it’s fallen from third to 25th, behind Portugal. Airlines have slashed capacity because of the epidemic centred in Hubei province, leaving the industry reeling. About 1.7 million seats — almost 80% of …

Bloomberg Carrefour SA’s Brazil unit rallied as investors cheered the French retailer’s move to accelerate the expansion of its cash-and-carry business in Latin America’s largest economy. Shares of Atacadao SA rose as much as 6.2% in Sao Paulo on February 17, the most in more than two months, after it agreed to buy 30 cash-and-carry stores and 14 gas stations …