Bloomberg Travel companies are set for the busiest weekend of the year as holiday bookings surged following the UK government’s announcement that it would ease travel curbs for the fully vaccinated. Transport Secretary Grant Shapps said the current traffic light system of red, amber and green countries would be scrapped for England from October 4 and replaced by a simplified ...

Bloomberg An Air France-KLM flight made an emergency landing shortly after taking off from Beijing after the Boeing Co 777 aircraft suffered a technical failure and smoke filled the cabin. The flight, destined for Paris-Charles de Gaulle airport, returned to Beijing airport 14 minutes after departure, the carrier said in a statement. Passengers reported hearing a loud bang before black ...

Bloomberg US retail sales rose unexpectedly in August as a pickup in purchases across most categories more than offset weakness at auto dealers, showing resilient consumer demand for merchandise. The value of overall retail purchases climbed 0.7% last month following a downwardly revised 1.8% decrease in July, Commerce Department figures showed. Excluding autos, sales advanced 1.8% in August, the largest ...

Bloomberg President Vladimir Putin’s ruling party is set to win a decisive victory in legislative polls despite simmering discontent after sidelining political opponents. While Putin personally retains broad support, according to polls, his United Russia party recorded some of the lowest ratings in nearly a decade earlier this year, scorned by voters angry over stagnant living standards and unpopular policies. ...

Bloomberg Australian PM Scott Morrison said France was aware of Australia’s concerns on the capability of submarines being built by the European nation, defending his government’s decision to sign a new deal for nuclear-powered ones. Australia understands France’s disappointment but the decision was made on “sovereign, national defense interests,” Morrison said. “Ultimately, this was a decision about whether the submarines ...

Bloomberg Ports operating in the US’s biggest gateway for trade with Asia will extend night hours and work weekends to clear port delays amid record volumes. The port of Los Angeles will expand weekend operating gate hours while neighbouring Long Beach will extend the hours during which trucks can pick up and return containers, they said in a joint statement. ...

Bloomberg Italy’s government will spend around 3.5 billion euros ($4.1 billion) to protect consumers from a surge in energy prices that’s hit countries across Europe, according to people familiar with the matter. The disbursement could be approved as soon as next week, the people said, asking not to be named discussing confidential plans. Prime Minister Mario Draghi’s administration is also ...

Bloomberg Used car prices, one of the biggest drivers of US inflation this year, rise again in early September on a monthly basis after idling over the summer. The Manheim US Used Vehicle Value Index, a measure of pricing trends, increased 3.6% in the first half of September compared with a month earlier. That puts it on track for the ...

Bloomberg Hungary plans to offer a range of dollar and euro bonds to shore up its budget as it’s facing a potential delay in accessing European Union funds because of a feud with the bloc over democratic values. The country may sell 10-year and 30-year bonds in dollars, as well as seven-year and/or 20-year bonds in euros. Hungary’s debt management ...

Bloomberg UK inflation surged more than expected to the strongest pace in more than nine years, prompting investors to anticipate a sharper increase in interest rates in 2022. Consumer prices jumped 3.2% in August from a year ago, the most since March 2012, Office for National Statistics said. The reading was up from 2% in July and above the highest ...