Bloomberg Ryanair Holdings Plc dismissed the UK’s plan to relax quarantine requirements for people arriving from France, Greece and Spain as “more idiotic rubbish” and called for the restrictions to be scrapped entirely. The government plans next week to publish a full list of the countries with which it will establish so-called air bridges — exempting incoming travelers from self-isolating …

Bloomberg British Airways, a unit of International Consolidated Airlines Group, will cut 350 pilots and put another 300 in a “pool” for re-hire when needed as part of a deal reached with cockpit crew, The Sun reported. Most of the pilots facing compulsory redundancies worked from Gatwick airport in London, according to the report, which didn’t say where the information …

Bloomberg Delta Air Lines Inc will inform almost 2,600 pilots about a possible furlough while encouraging a total of 7,900 eligible aviators to accept an early retirement package, according to a memo sent to staff. “Even with the increased travel demand we’ve seen in recent weeks, we expect revenue to be at only 25% of what it was last summer …

Bloomberg American Airlines Group Inc said it would sell flights to capacity starting from July 1, abandoning caps on passenger loads that were designed to promote social distancing amid the coronavirus pandemic. Customers still will be notified when they’re booked on crowded flights and can move their reservations at no cost, the airline said in a statement. Starting from June …

Bloomberg Nike Inc is cutting jobs as the world’s largest athletic brand refocuses on selling directly to consumers, pushing further away from a traditional retail channel that’s been ravaged by the pandemic. CEO John Donahoe, a longtime Silicon Valley executive who took the helm at Nike in January, announced a new phase in its e-commerce push called the Consumer Direct …

Bloomberg Hindustan Unilever Ltd’s decision to rename its melanin-suppressing face cream, Fair & Lovely, will probably need a large media campaign to win over consumers which poses short-term risk to its margin in that particular segment, according to Jefferies India Pvt. The product, which earns more than $500 million in annual revenue for Unilever Plc from India alone, will be …

Bloomberg European stocks are entering the second half of the year on a strong footing. Even after three straight months of gains, a growing number of strategists and investors are turning bullish on the region’s equities. Helping sentiment are reports pointing to an economic bounce, unprecedented stimulus measures and optimism that easing lockdown measures won’t lead to a second wave …

Bloomberg The wild ride of Canada’s stock market in 2020 shows no signs of abating soon. That’s the message from strategists who are expecting choppy months ahead as investors worry about a second coronavirus wave and plunging corporate profits amid a global recession, trade tensions and US elections. “Now that we’re coming into the summer, it’s going to be more …

Bloomberg Oil posted its second weekly loss for the month, as a surge in US coronavirus cases clouds the demand outlook and casts doubts on the market’s recovery. Futures in New York slipped 3.2% this week. The price slump comes just days after oil closed above $40 for the first time since early March, and following a run of weekly …

Bloomberg The European Union (EU) moved closer to recommending that travelers from the US shouldn’t be allowed to enter the bloc even after July 1, according to a draft decision being considered by governments. Diplomats have agreed on a provisional list of 15 countries, including Canada, Japan, Australia and South Korea, that should be allowed into the EU because their …