Bloomberg Amazon.com Inc. has considered abandoning its private-label business as a peace offering to regulators. The company’s growing set of house brands is at the core of investigations launched by US and European regulators into whether the world’s largest e-commerce company is abusing its market power. Regulators have accused Amazon of using in-house sales data to select best-selling products sold ...

Bloomberg Grupo Aeromexico SAB, seeking a more liquid stock market, is planning to delist from the Mexican exchange and trade in New York as soon as this year. The airline’s board in June approved a plan to cancel its registration in its home country and launch a voluntary tender offer for outstanding shares. Aeromexico emerged from Chapter 11 in March ...

Bloomberg Boeing Co. is tempering expectations for commercial aircraft demand in the coming decades, as the prospect of lower global economic growth and uncertainty surrounding Russia pressure jet deliveries. Manufacturers will hand over 41,170 new planes to customers through 2041, Boeing predicted in its latest long-term outlook for the commercial market. That would mark a slower pace than it saw ...

Bloomberg Italy’s political parties are readying for possible snap elections, even as some of them redouble efforts to convince Prime Minister Mario Draghi to rethink his determination to resign. While talks to patch up the current majority, or form a new one, continue, Italy’s political groupings are making preparations for a potential vote, several party and government officials said, asking ...

  Bloomberg Voting was underway in Pakistan’s most populous province of Punjab on Sunday for several by-elections that are a litmus test for Prime Minister Shehbaz Sharif’s government after Imran Khan was ousted in April following a protracted political battle. A victory for Khan’s Pakistan Tehreek-e-Insaf will give the former leader the renewed momentum to pressure the government to hold ...

  Bloomberg Two Balkan states signed an agreement that will allow North Macedonia and Albania to formally start negotiations to join the European Union, a process long-delayed by bilateral quarrels between countries in the volatile region. Bujar Osmani, North Macedonia’s foreign minister, signed the protocol with his Bulgarian counterpart in Sofia, Bulgaria’s capital, on Sunday. The move came a day ...

Bloomberg Hungarians are holding daily protests as a plunging currency and the threat of a Russian cut-off of natural gas shipments to Europe forces Prime Minister Viktor Orban to embrace unpopular austerity measures. A few thousand demonstrators rallied by the Danube river in Budapest on Saturday evening, according to local media reports. Protesters then blocked a bridge for a fifth ...

Bloomberg Jessie Duarte, who served as special assistant to former South African President Nelson Mandela after his release from prison, has died. She was 68. Duarte’s death on Sunday was announced by the South Africa’s ruling party. She had been on medical leave since November undergoing cancer treatment. “It is with profound sadness that the African National Congress has learned ...

  Bloomberg A slump in client trading activity in Asia is threatening to slow a lucrative earner for the world’s biggest wealth managers. UBS Group AG and Citigroup Inc are among banks whose wealth revenues for the region likely declined by double digits in the first half. Credit Suisse Group AG, which last month warned that results in the second ...

  Bloomberg Australia & New Zealand Banking group is nearing a deal to acquire Suncorp group Ltd.’s banking operations as it seeks to add customer growth, according to people familiar with the matter. An announcement could be made as soon as this week and the lender will seek to tap equity markets with a share sale to help fund the ...