Recent Posts

Airbus achieves a global first with its ‘hot A320’

Bloomberg With little fanfare, Airbus SE is about to mark an unusual milestone in aviation: simultaneous production of the same aircraft on three continents. The company will hand over the first A320 to roll out of its Mobile, Alabama, assembly plant on Aug. 25, meaning North America will join Europe and Asia in producing the most popular airliner in the ...

Read More »

Tesco leads UK supermarket pack

Bloomberg Tesco Plc’s sales growth outpaced its main UK rivals in the last month as the country’s biggest grocer continued its revival in the face of a squeeze on disposable incomes. Separate reports from researchers Kantar Worldpanel and Nielsen both pointed to a strong month for the market leader, pushing its shares up the most in more than a month. ...

Read More »

South African food retailer Shoprite’s profit up 12%

Bloomberg Shoprite Holdings Ltd. full-year earnings rose 12 percent, in line with analyst estimates, as Africa’s largest food retailer boosted market share in its home market of South Africa and continued to expand elsewhere in the continent. Headline earnings per share, which exclude one-time items, were 10.07 rand a share in the 12 months through June, the Cape Town-based company ...

Read More »
Send this to a friend