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Airbus salvages $14bn order of United Airlines

Bloomberg Airbus SE secured an order for 45 of its A350-900 jetliners from United Continental Holdings Inc., holding on to a critical win after a run of deferrals by US airlines for the European planemaker’s marquee wide-body plane. The deal, valued at $14 billion before customary discounts, is a conversion of an earlier order for 35 of Airbus’s bigger -1000 ...

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Shoprite fined for reckless lending, as rule toughens up

Bloomberg Shoprite Holdings Ltd. has been found guilty of reckless lending after a South African regulator ruled that the continent’s largest supermarket chain hasn’t been properly assessing shoppers before extending credit. The retailer was fined 1 million rand ($77,425), the National Credit Regulator said in an emailed statement on Wednesday. Among other discrepancies, the Cape Town-based company took into account ...

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Cathay Pacific in talks with pilots over compensation in savings push

Bloomberg Cathay Pacific Airways Ltd., Asia’s biggest international carrier, is in talks with its pilots over compensation as it seeks to cut costs after reporting its worst half-half loss in at least two decades. The airline has been in discussions with its pilots over the past few months as part of its goal to become more competitive, the company said ...

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