Bloomberg Amazon.com Inc is launching a delivery option that will let customers retrieve parcels from staffed counters at UK and Italian retailers, aiming to take advantage of the popularity of click-and-collect services across Europe. The US online retailer has struck a partnership with Next Plc to operate the counters at the apparel chain’s more than 500 outlets across Britain, where …

Bloomberg Air France plans to cut as many as 465 jobs as it slashes short-haul capacity in a bid to stem losses amid competition from low-cost airlines and high-speed trains. The biggest division of Air France-KLM Group will eliminate the positions on French domestic routes over the coming year, it said in a statement. Consultation with unions and other stakeholders …

Bloomberg Fast Retailing Co, Asia’s largest retailer, said hackers may have gained access to the personal information of about half a million users of its Uniqlo and GU brand e-commerce portals. Hackers accessed at least 460,000 accounts registered on Fast Retailing’s Japanese shopping websites, the company said. Users’ personal information, purchase history and parts of credit card numbers may have …

Bloomberg Dirgantara Indonesia, a supplier of aluminum wing components for Airbus SE’s A320 and A380 model jets, is developing the production capability to supply non-metal aircraft parts as well. The company is “exploring opportunities” to produce so-called composite parts — typically made from fiberglass or carbon fiber — for both Airbus and Boeing Co within the next two years, President …

Bloomberg Land Securities Group wrote down the value of its UK shopping centres by 11.7 percent as rental income declined and battered retailers shuttered more stores. Britain’s second-largest real estate investment trust lost about 10 million pounds ($13 million) of rent from retailers in the financial year that ended on March 31. That was outweighed by rising rents in the …

Dubai / Emirates Business The UAE currently leads the Mena region in organisations adopting a holistic strategy towards sustainability, according to a study sponsored by Emirates NBD that sheds light on the practices of sustainability and Corporate Responsibility management in the region. The study, which was conducted by Sustainable Square, a boutique advisory firm specialised in responsible investment, sustainability and …

Bloomberg Oil was caught between the specter of a full-blown US-China trade war damping demand and a supply backdrop ripe with potential risks. Futures in New York edged higher after swinging between a 0.7% loss and a 0.3% gain. US officials were expected to release details of additional tariffs of 25% on all remaining Chinese imports. That came after Beijing …

Bloomberg Pakistan and the International Monetary Fund (IMF) reached an agreement on a loan of about $6 billion designed to help the South Asian nation avert an economic crisis. The lender’s executive board will meet to appr- ove the agreement for the 39-month loan, “subject to the timely implementation of prior actions and confirmation of international partners’ financial commitments,” IMF’s …

Bloomberg US equity futures slumped and stocks declined across Europe and Asia as investors prepared for the next phase of the escalating trade war between America and China. The yuan tumbled, while Treasuries rallied. Contracts on the S&P 500, Dow Jones Industrial Average and Nasdaq 100 indexes all slid, pointing to a big drop at the US open, as President …

Bloomberg India stocks plunged in a last-hour selloff as investors weighed positions ahead of the national election results due next week and as escalation in the trade war between the US and China remained an overhang on the region’s risk assets. The S&P BSE Sensex dropped 1 percent, after fluctuating between gains and losses for most of the session. The …