Bloomberg Mexico’s aviation-safety ranking has been downgraded by the US, prohibiting an expansion of flights from the nation’s carriers to its northern neighbor. The move by the Federal Aviation Administration is a symbolic blow to Mexico at a time when it has become by far the biggest international market with the US and may force an end to business agreements ...

Bloomberg The European Union’s air-safety regulator told airlines to avoid flying over Belarus, saying the diversion of a Ryanair Holdings Plc flight raised doubts about the Eastern European nation’s respect for international aviation rules. The safety bulletin issued by the European Union Aviation Safety Agency (EASA) unifies the region after several of its member states and the UK issued similar ...

Bloomberg Marks & Spencer Group Plc shares jumped after the retailer said it expects to generate pretax profit of as much as 350 million pounds ($495 million) this fiscal year as it recovers from the pandemic and enters the next stage of its turnaround. The stock jumped as much as 7.4% in London, and is up about 22% since the ...

Bloomberg Portuguese retailer Sonae SGPS SA was expected to open its first store without checkout staff in Lisbon on Wednesday, bringing an innovation pioneered by Amazon.com Inc to the European continent. Arrays of cameras and sensors track shoppers who are charged through an app as they pick groceries from the shelves at the Continente brand store. The technology was provided ...

Bloomberg US airlines rose as the country’s three biggest carriers said a travel rebound is gaining steam, with United Airlines Holdings Inc and Delta Air Lines Inc heading for the highest closing price in about six weeks. The pace of recovery has been faster than expected, Delta President Glen Hauenstein said. United predicted it would turn a profit before certain ...

Bloomberg US government officials monitoring the airways say they won’t tolerate passengers who refuse to don masks as airline travel surges ahead of the summer season. A recent spike in unruly passenger reports, many of them involving people refusing to cover their faces, prompted Homeland Security Secretary Alejandro Mayorkas to issue a stern warning to travellers. “Let me be clear ...

Bloomberg Hong Kong’s opposition-free legislature is expected to approve sweeping changes to the city’s electoral system ordered by the Chinese leadership, dramatically curtailing the ability of dissenting voices to participate in government. The amendments poised to be approved on Wednesday by the Legislative Council would create a review committee to vet candidates for elected office to ensure they are patriotic ...

Bloomberg India has evacuated almost 2 million people from the east coast to safer places as a powerful cyclone hit the nation at a time when authorities are also battling the world’s worst outbreak of Covid-19. The eastern state of West Bengal has shifted about 1.1 million people to various relief centres, while neighbouring Odisha has so far moved more ...

Bloomberg French President Emmanuel Macron has begun working to rally the left to his side as he gears up for a tough fight to keep his job in less than a year. Over the past few days, Macron appeared in a 30-minute game show with popular YouTubers clearly aimed at countering an impression of arrogance and aloofness that shows up ...

Bloomberg Goldman Sachs Group Inc received approval from Chinese regulators to set up a wealth management joint venture (JV) in the world’s second-largest economy to go after an asset pool it estimated will surpass $70 trillion by the end of this decade. Goldman Sachs Asset Management will hold 51% in the venture, while wealth arm of Industrial & Commercial Bank of ...