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GoAir to begin int’l services next year

  Mumbai / Tribune News Service The Wadia group-owned budget airline GoAir is likely to start international services by early next year, civil aviation secretary R.N. Choubey said. Meanwhile, GoAir’s 20th aircraft, Airbus A320neo, landed at the Delhi airport on Monday. A domestic airline needs a 20-aircraft fleet to fly abroad, and GoAir inducted its 20th Airbus A320neo plane this ...

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Urban Outfitters may stop opening new stores

  New York / Bloomberg It’s time for Urban Outfitters to re-think its thing for physical stores. Shares in the hipster-chic retailer dropped by as much as 9 percent after it warned investors, in a quarterly results filing, of falling sales in the current quarter. More than half a dozen Wall Street analysts subsequently cut their share-price targets. The consensus ...

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Wal-Mart to name China head as Asda CEO

  Shanghai / Bloomberg Wal-Mart Stores Inc. is preparing to name its China head, Sean Clarke, as the chief executive officer of the UK supermarket chain Asda, Sky News reported. Wal-Mart may make an announcement as soon as this week, although the timing of the change is unclear, according to the broadcaster, which cited unidentified people. Andy Clarke, CEO of ...

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