Bloomberg British Airways is betting on a trans-Atlantic boost from the weaker pound to help offset the negative impacts of the U.K.’s Brexit vote. BA’s dollar bookings will be worth more following sterling’s near 20 percent decline against the US currency, while there’s scope for higher fares as US carriers rein in capacity, Willie Walsh, chief executive officer of ...

  Bloomberg Nakumatt Holdings Ltd., Kenya’s biggest retail chain, is in talks to sell as much as 25 percent of the business to reduce debt that more than tripled over the past five years as it expanded. The company, based in the capital, Nairobi, is in discussions with foreign and domestic investors that are expected to be concluded within weeks, ...

  Shanghai / AFP China’s three biggest airlines all reported surging net profits in the third quarter, statements showed, as the country’s economy stablises. Net profit for China Southern, Asia’s biggest airline by fleet size, leaped to 3.31 billion yuan ($425.1 million) in the three months to September, nearly three times the 1.18 billion yuan made in the same period ...