Bloomberg Chinese airline shares surged after the government announced plans to slash infrastructure levies charged to the companies, a welcome relief for carriers battling oil-price volatility and currency fluctuations in one of the world’s biggest aviation markets. Beijing-based Air China Ltd rose as much as 12 percent in Hong Kong, while Shanghai-based China Eastern Airlines Corp jumped 20 percent and …

Bloomberg Investors shouldn’t fret over the growing list of departing Walmart Inc executives who were involved in tech and innovation, according to Bernstein. Recent departures do not imperil Walmart’s future because “the people Walmart needs to be innovators were never the ones coming from outside,” analyst Brandon Fletcher wrote in a note. Outsiders with their “worldview” aren’t helpful to Walmart …

Bloomberg United Continental Holdings Inc will stop publishing charts showing the miles needed to obtain tickets through its frequent flyer program, allowing for a wider — and more expensive — range of prices. The move follows a similar decision by rival Delta Air Lines Inc in 2014 to scrap fixed tables in favour of dynamically pricing award tickets. The change …