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Bloomberg Exxon Mobil Corp. set a goal for reducing emissions from its Canadian oil sands, the second time this year the world’s biggest oil explorer by market value published a greenhouse-gas target. Imperial Oil Ltd., a Calgary-based subsidiary 69-percent owned by Exxon, will reduce the intensity of emissions by 10 percent over the next five years, compared with 2016 levels, ...

Bloomberg Troubled carrier Jet Airways India Ltd. said it will sell a stake in its loyalty program and cut as much as $285 million in costs over the next two years as part of a turnaround plan after years of losses in a competitive aviation market. Announcing the biggest quarterly loss since 2015, the board of the Mumbai-based airline considered ...

Bloomberg Walmart Inc.’s betting the kind of shopper who doesn’t want to visit a physical store to purchase a TV probably doesn’t want to mount it, either. So the world’s largest retailer is expanding its partnership with on-demand home-services company Handy to sell installation and assembly packages right on its website, Handy said. Starting from Wednesday and rolling out across ...

Bloomberg It’s the most wonderful time of the year—and by that, I mean the lazy, late days of summer. New insights from Google also reveal that right now—late August—might also be the best time to start thinking about your holiday travels if you want to get the best flight or hotel deal. In fact, flight searches for Thanksgiving will spike ...

Bloomberg Ryanair Holdings Plc signed its first-ever union contract, granting Italian pilots perks such as severance pay and parental leave in a deal the airline hopes to repeat across its network to quell a protracted labour dispute. The agreement also commits Ryanair to making contributions to national healthcare and social-security funds, the Italian pilots union ANPAC said in a statement. ...

Bloomberg Tiffany & Co. sees an expanded sales floor and more VIP space replacing administrative offices at the company’s 10-floor “precious property” on New York’s Fifth Avenue. Chief Executive Officer Alessandro Bogliolo shared more details on the store’s renovation in an interview. With a sizable percentage of sales coming from the property, the company sees the project as key to ...

Bloomberg India’s Supreme Court is set to hear a challenge to the arrest and detention of activists and lawyers in a nation-wide operation that human rights groups say is aimed at intimidating critics of the government. Those arrested work with India’s marginalised tribal and lower caste communities and activists said they’d been rounded up for criticising the government. In a ...

Bloomberg Prime Minister Shinzo Abe is pledging to move quickly towards changing Japan’s constitution, according to an internal campaign pamphlet seen by Bloomberg News, ensuring the divisive proposal is a key part of his bid for a historic third straight term as ruling party leader. Abe intends to have the Liberal Democratic Party submit the amendment in the next parliament ...

Bloomberg The UK and the European Union still say in public they want a Brexit deal wrapped up in the next seven weeks. Behind the scenes, though, senior officials on both sides admit this is unlikely. They now aim to finalise divorce terms by the middle of November at the latest, according to people familiar with the British and European ...

Bloomberg French President Emmanuel Macron joined a challenge issued by Hungarian Prime Minister Viktor Orban, saying that Europe’s populist forces were right to see him as their “main opponent.” Macron was speaking after Orban and Italy’s Matteo Salvini met in Milan to discuss creating a united front of Europe’s anti-immigrant political forces ahead of elections to the European Parliament next ...