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Tesco supermarket to exit Turkey

  London / AFP Britain’s biggest retailer, supermarket group Tesco, said it was selling its Turkish business as its international arm focuses on its operations in Central Europe and Southeast Asia. Tesco, which is slowly turning around its performance after a record annual loss in 2014/15, said in a statement it was offloading also its mainly British restaurant chain, Giraffe, ...

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Latam Airlines to cut A350, 787 orders as Brazil traffic slumps

  La Paz / AFP Latam Airlines Group SA, the biggest carrier in South America, said a slump in Brazilian traffic means it’s likely to cancel or delay some of the 53 wide-body jet orders placed by constituent units before a 2012 merger. Latam is reviewing some of the 27 Airbus Group SE A350s going to Sao Paulo-based TAM and ...

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JetBlue trims growth plans on revenue woes

  Washington / Bloomberg JetBlue Airways Corp. cut its planned growth for this year, grappling with disappointing results for a key measure of revenue just as fuel prices threaten to crimp profit. The airline said it will increase flight and seat capacity between 8 percent and 9.5 percent this year, down from previous plans of as much as 10.5 percent ...

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