Bloomberg Shoprite Holdings Ltd. plans to invest $572 million on new supermarkets and business units in Angola, as Africa’s largest food retailer expands in fast-growing sub-Saharan markets. President Jose Eduardo dos Santos has appointed a commission to negotiate potential tax breaks and other incentives for the Cape Town-based company, according to a May 18 statement published in the government ...

  New York / AP Sports Authority, which filed for bankruptcy protection three months ago, is shuttering all 460 of its stores after it was unable to adapt to consumers’ move online. The sports retailer had originally only planned to close about 140 stores, but in a court document this week it outlined plans to shutter all of them. The Englewood, ...

  Bloomberg Bombardier Inc. has removed from its production schedule an order for C Series aircraft placed six years ago by bankrupt Republic Airways Holdings Inc. Republic agreed in February 2010 to 40 firm orders and 40 options for the CS300 model, with deliveries initially scheduled to start in 2015. While the firm orders remain in the planemaker’s backlog, removal ...