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Americanas appoints third CEO in six weeks amid overhaul

  Bloomberg Brazilian retailer Americanas SA appointed its third Chief Executive Officer in six weeks as it looks to navigate the firm through bankruptcy and continue operations while negotiating a hefty debt load. The Americanas board named Leonardo Coelho Pereira to the top job at Americanas, according to a filing. He replaces Joao Guerra who will return to his duties ...

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British carrier Flybe to wind down as rescue talks collapse

  Bloomberg Flybe Group Plc the distressed British carrier, is to be wound down after attempts to sell the struggling business failed. The regional airline had already ceased operations and cancelled all of its flights in January after collapsing into administration, a form of insolvency proceedings. It was the second failure for Flybe which previously halted operations in 2020 when ...

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Anta Sports sinks most in four months

  Bloomberg Anta Sports Products Ltd sank by the most in almost four months after the entry of a sizable stake in Hong Kong’s clearing system stoked speculation of a sale by a key shareholder. Shares of the Chinese sportswear maker slumped as much as 8% in Hong Kong, the most since October 24. The move came after exchange data ...

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