Bloomberg A quarter of Chinese production capacity used by global sportswear brands is lying idle, according to a manufacturing executive, as the protracted trade war pushes the biggest sports labels out of the Asian nation’s factories. The exodus is forcing factories to offer discounts of 10 percent to companies such as his to use their dormant production lines, Chinese sportswear ...

Bloomberg The UK plans to ease security line hold-ups for passengers by requiring all major airports to use 3D scanners for cabin baggage by the end of 2022. The new equipment, which is currently being tested at London’s Heathrow airport, will make the security procedures “quicker and easier” for travellers by ending requirements to remove toiletries and electrical equipment from ...

Bloomberg Cargojet Inc soared to a record high after Amazon.com Inc signed a deal that would allow the online retailer to buy a stake in the Canadian cargo carrier. Under the agreement, Mississauga, Ontario-based Cargojet will issue warrants to Amazon in two tranches to purchase variable voting shares that will vest based on the achievement of certain commercial milestones. “Cargojet ...