Bloomberg South African Airways will create three distinct business units focusing on domestic flights, pan-African travel and other international routes as the debt-laden airline battles to repair its balance sheet. The restructuring will not lead to a full breakup of the state-owned carrier, spokesman Tlali Tlali said by phone. Reuters had earlier reported the plan to separate into three divisions. ...

Bloomberg Delta Air Lines Inc. and UK discounter EasyJet Plc may invest as much as 400 million euros ($452 million) in the latest attempt to revamp struggling Italian airline Alitalia SpA, according to people familiar with an initial draft of the plan. Investors in a group led by rail operator Ferrovie dello Stato SpA are evaluating the financial needs of ...

Dubai / Emirates Business Majid Al Futtaim, one of the Middle East’s leading retailers, is spearheading the digital transformation of the region’s $313 billion retail market, both in taking a growing slice of e-commerce and enhancing Carrefour customer shopping experiences online and in-store. The Middle East retail sector is undergoing a sea-change. As more malls open, the GCC’s retail sector ...