Bloomberg London’s Heathrow Airport is dusting off facilities that have been mothballed for over a year, as Europe’s busiest airport prepares for a long-awaited surge in air traffic. The hub reopened its second runway and plans to resume normal operations at Terminal 3 starting from July 15, a spokesman said. T3 closed in May 2020, around the same time Heathrow ...

Bloomberg Airbus SE delivered more than 70 jets in June, one of its best months for handovers since the start of the pandemic, according to people familiar with the matter. The tally would take the company’s total handovers for the first six months of the year above 290 aircraft, for an increase of about 50% versus last year. Airbus is ...

Bloomberg Airlines in the world’s biggest carbon market will eventually have to pay for all the pollution from their planes as the European Union strengthens its climate policies under the Green Deal. A proposal by the European Commission includes a gradual phase out of emission allowances for carriers, and will be part of measures to be announced on July 14, ...

Bloomberg Chinese billionaire Zhang Jindong secured a $1.36 billion state-backed bailout for the troubled retail arm of his Suning empire, marking another step in Beijing’s efforts to clean up its heavily indebted conglomerates. A group of investors, led by the Nanjing state asset management committee and the Jiangsu provincial government, will take a 16.96% stake in Suning.com Co, according to ...

Bloomberg US investigators plan to begin scanning the sea bed off Hawaii in search of the wreckage of a Boeing Co 737-200 that went down after losing power in both its engines. Special sonar devices that can map the sea bed will be used to locate critical wreckage and the jet’s two crash-proof recorders, the National Transportation Safety Board (NTSB) ...

Bloomberg Krispy Kreme Inc’s shares rose in their first day of trading, giving the doughnut chain a much-needed lift a day after it was forced to downsize its initial public offering. The stock reversed an early decline and jumped 24% to $21 a share in New York. The Charlotte, North Carolina-based company, which is owned by investment firm JAB Holdings ...

Bloomberg Tens of thousands of Afghan families are fleeing to escape the Taliban’s rapid advance into the country’s northern region, part of a larger refugee crisis that is brewing as the US speeds up its troop withdrawal after two decades of war. The militants have burned down farmland and forced citizens to leave their towns and villages, Mohammad Amiri, a ...

Bloomberg A Hong Kong court sentenced a US lawyer to prison for a scuffle with a plainclothes police officer at the height of pro-democracy protests in 2019. Samuel Bickett, 37, was given a term of four months and two weeks on Tuesday on one charge of assaulting a police officer. The former Asia-Pacific compliance director at Bank of America Merrill ...

Bloomberg President Joe Biden’s effort to reverse a free fall in US-Russia relations encounters an early test in Syria as an agreement over international aid corridors into the country is set to expire this week. Keeping aid flowing into Syria was a key request Biden made of President Vladimir Putin at their summit in Geneva last month, but that will ...

Bloomberg Japan and the US would have to defend Taiwan together in the event of a major problem, Kyodo News reported Deputy Prime Minister Taro Aso as saying, marking some of the highest-level remarks from Tokyo on the sensitive subject. In comments at a political fundraising party in Tokyo, Aso said an invasion of Taiwan by China could be seen ...