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S African Airways seeks investor for turnaround

Bloomberg South African Airways (SAA) will revive a plan to seek an equity partner that’s able to provide cash and operational savings to help turn around the state airline, according to its new chief executive officer. A strategic investor would ideally come from within the aviation industry, CEO Vuyani Jarana, 47, said in an interview. That will enable unprofitable SAA ...

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UK retail sales weaken as consumers hold back

Bloomberg UK retail sales fell the most in seven months in October, indicating continued caution among consumers just before the crucial Christmas shopping season. The British Retail Consortium said sales fell 1 percent on a like-for-like basis and were up just 0.2 percent in total terms. In a separate report, Barclaycard said annual growth in household spending slowed to 2.4 ...

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