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Jet Air poised for help as SBI set to take stake

Bloomberg Debt-laden Jet Airways India Ltd. may be poised to get some help in its bid to stay afloat. India’s largest lender State Bank of India is set to swap part of its loans into a stake of at least 15 percent in Jet Airways as lenders to the carrier plan similar conversions of some debt into equity to help ...

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Hong Kong retailers miss a rally amid dull outlook

Bloomberg Hong Kong retailers are one group of shares being left behind as the city’s benchmark stock index trades near a four-month high. Cosmetics seller Sa Sa International Holdings Ltd and Chow Tai Fook Jewellery Group Ltd are near the lowest levels in at least a year versus the benchmark Hang Seng Index, which has climbed 6.5 percent in 2019. ...

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No-deal Brexit means empty shelves: Retailers

Bloomberg The UK’s biggest supermarket companies have joined forces to warn the government of significant disruption and rising food prices if Britain leaves the Eu without a deal. Retail giants including J Sainsbury Plc, Walmart Inc.’s Asda, Marks & Spencer Group Plc and John Lewis Partnership Plc’s Waitrose have signed a letter from the British Retail Consortium to members of ...

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