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Ryanair CEO takes swipe at Boeing over Max jet delays

Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary harangued Boeing Co over the grounding of the 737 Max jet, saying he’s concerned the Irish carrier will receive zero planes by summer 2020. Ryanair, Boeing’s biggest European customer for the Max, has already slashed its estimate for the number of aircraft likely to be available for next year’s peak season. ...

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South Africa’s Shoprite rises most since 1997 after gains

Bloomberg Shoprite Holdings Ltd rallied the most in 22 years after Africa’s largest food retailer said second-half sales climbed as it took market share. Sales in the second half rose 6.5 percent as its core South African business returned to full operational strength, the Cape Town-based supermarket operator said in a statement. The owner of chains including Checkers and U-Save ...

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UK consumer credit increases over spending

Bloomberg UK demand for unsecured debt stabilised last month while mortgage approvals increased, Bank of England figures show. While households have been tightening their belts this year as Brexit clouds the outlook, the June figures suggest consumers, the mainstay of economic growth, are still willing to spend. Retail sales unexpectedly surged after two months of declines, ONS figures showed. Mortgage ...

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