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Papa John’s adopts ‘poison pill’ plan to thwart ex-chairman takeover bid

Bloomberg Papa John’s International Inc.’s board approved a so-called poison-pill plan to fend off any attempt by founder John Schnatter to gain a controlling interest as the pizza chain seeks distance from its controversial namesake. Schnatter, 56, resigned as chairman earlier this month after reports surfaced that he used a racial slur and graphic depictions of violence against minorities during ...

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Airbus A380 albatross gets new life through leasing firm

Bloomberg The world’s largest passenger jet is finally getting a second life. On August 1 a 10-year-old, Airbus SE A380 formerly flown by Singapore Airlines will enter service with a new carrier, said Paulo Mirpuri, chief executive officer of aircraft lessor Hi Fly. He said he has two candidates interested in flying the refurbished, 471-seat, jumbo jet: a large European ...

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UN lauds UAE for Yemen humanitarian efforts

HODEIDAH / WAM The Director of the UN Office for the Coordination of Humanitarian Affairs (OCHA) in Aden, has praised the UAE’s humanitarian and relief efforts through the Emirates Red Crescent (ERC) in Hodeidah Governorate and the Red Sea Coast of Yemen. This came during a meeting with Saeed Al Kaabi, UAE Humanitarian Operations Director for Yemen, where the UN ...

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