Bloomberg Kraft Heinz Co. is considering a sale of children’s milk drink brand Complan in India, which could fetch about $1 billion, people familiar with the matter said. Kraft Heinz is working with an adviser to gauge interest in the business, according to the people, who asked not to be identified because the matter isn’t public. The brand could attract ...

Bloomberg Debenhams Plc plunged as much as 20 percent after the British department-store owner, struggling to compete with online rivals, cut its profit forecast for the third time this year and reined in spending on turnaround efforts. The latest warning deepens a UK retail crisis that has claimed longtime fixtures of the country’s shopping streets such as BHS and prompted ...

Bloomberg Airbus SE is studying options to extend the range of its A321 narrowbody plane ahead of a decision by Boeing Co. on whether to push ahead with a competing model, according to a person familiar with the matter. The A321, which already has a long-range variant that can fly 4,000 nautical miles, could get additional fuel tanks that would ...

Bloomberg After an attempt to play hard ball with defiant staff failed to end a bitter labour conflict, Air France is now trying a softer approach. The embattled carrier’s latest offer to workers: more rooms for rest breaks. At meetings with union representatives, who have called for a fresh round of strikes, management pledged to spend more to improve working ...

Bloomberg American Airlines Group Inc. affiliate PSA Airlines expects more flight cancellations on Tuesday after scrubbing about 400 flights over the weekend as the regional carrier moves into its sixth day of problems with its crew-scheduling system. The technology issue arose on June 14 and has affected nearly 1,100 PSA flights to date, mainly in Charlotte, North Carolina, American spokeswoman ...

DHALE / WAM Dhale Governorate celebrated the distribution of Eid clothing to the families of 1,225 martyrs, as per the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. During the launch of the distribution, which was held at the governorate’s headquarters, in the presence ...

ِAbu Dhabi / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, and President of the Organisation of Petroleum Exporting Countries (OPEC) Conference for 2018, has expressed his optimism over regaining balance to the international oil market, thanks to the cooperation between the OPEC, and its partners. “Looking ahead, I remain optimistic that we will fulfil ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday, received at Al Bahr Palace, a delegation of top officials, media personnel, poets, sportspersons, artists, members of the Federal National Council (FNC), and military men, who paid a visit to the UAE Armed ...

Abu Dhabi / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has adopted a resolution granting nationals of countries facing war and natural disasters a one-year stay permit, in solidarity with the people of affected nations and to offer them a chance to improve ...

Abu Dhabi / WAM The Kazakhstan Embassy in the UAE concluded its preparations for the planned official visit of a high-level Emirati delegation comprising 22 businessmen, chairmen of board of directors and executives from leading Emirati companies that operate in various sectors, which will be held from July 3-6. The visit will include the delegation’s participation in several international events, ...