Friday , 2 January 2026

Recent Posts

CVC Capital buys Malaysian snack producer Munchy

Bloomberg CVC Capital Partners acquired Malaysian snack producer Munchy Food Industries Sdn., as the private equity firm deepens its exposure to the fast-growing consumer industry in Southeast Asia. The London-based investment firm’s Asia Fund IV completed the purchase of a 100 percent stake in Munchy Food on June 8, it said in an emailed statement, confirming an earlier Bloomberg News …

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Lightning strikes more than once for Lufthansa’s tardy eurowings

Bloomberg A freak bout of electrical storms over Germany is to blame for the worst monthly punctuality record at Deutsche Lufthansa AG in at least two years, according to the company. The country suffered more lightning strikes in the first five months than in the whole of 2017, with planes hit by an average of three bolts a week, according …

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Gatwick spends $1.5bn to add 7mn more passengers

Bloomberg London’s Gatwick airport plans to spend 1.11 billion pounds ($1.5 billion) on expanding the capacity of its two terminals by 7 million passengers within five years. The world’s busiest single-runway hub will devote much of the cash to lengthening one of the piers at its North Terminal, used by airlines including EasyJet Plc and Virgin Atlantic Airways Ltd., to …

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