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Vietnam Airlines in share sales talks with foreign investors

Bloomberg Vietnam Airlines Corp. will offer more shares to foreign investors, including possibly another airline, as it prepares a listing on the Ho Chi Minh City Stock Exchange next year and the government plans to cut its holdings to 51 percent. The carrier—which sold an 8.8 percent stake to ANA Holdings Inc. last year for $108 million—is discussing the sale ...

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EasyJet names ex-TUI tourism veteran Lundgren as new chief

Bloomberg EasyJet Plc appointed the former deputy head of holiday giant TUI AG to become its next chief executive officer as Carolyn McCall prepares to take over at UK broadcaster ITV Plc. Johan Lundgren, a 51-year-old Swede, will assume the role on December 1, Luton, England-based EasyJet said. McCall will leave the board a day earlier, while assisting with the ...

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Burberry plunges on concern over cost of new chief’s move

Bloomberg Burberry Group Plc’s long-awaited strategy update from its new boss failed to convince investors, who sent the shares tumbling the most in five years on concern the trench-coat maker is sacrificing future earnings to sharpen the brand’s image. The shares fell as much as 14 percent after Chief Executive Officer Marco Gobbetti said the London-based company will add accessories ...

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