Bloomberg Business

United Airlines Holdings Inc. will buy 110 more aircraft that will be delivered starting in five years, extending its aggressive bets on growth and future travel demand.

(Bloomberg) — President Joe Biden reassured allies US support for Ukraine would continue, seeking to ease worries after a government funding bill omitted $6 billion in aid.

Tourists in Japan will pay more for rail passes after the JR train network raised prices for the first time in four decades, by an average of 70%. But even with the big increase, demand is likely to stay strong thanks to a cheaper yen and flow of inbound visitors.

The cost of Australian cattle has tumbled to the lowest level in about nine years and is likely to fall further as ranchers cull an expanded herd ahead of drier weather following the onset of El Niño.

Stocks sank while Treasury yields hit new multi-year highs after jobs data bolstered the case for the Federal Reserve to keep interest rates elevated.

Novavax Inc.’s updated version of its Covid-19 shot gained US regulators’ authorization for emergency use amid a rocky rollout of competitors’ offerings.

Chad Parker, a managing director and global co-head of transportation at Barclays Plc, is leaving the bank for Jefferies Financial Group Inc., according to people familiar with the matter.

The US stock selloff is spreading panic among volatility traders at a scale unseen since the regional bank crisis in March. In perverse Wall Street logic, that’s raising hopes that the equity rout is on its last legs.

(Bloomberg) — Spotify Technology SA is giving its premium subscribers in the UK and Australia 15 free hours of audiobook listening per month in a broader push into that market.