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China Southern in talks with British Airways on JV

Bloomberg China Southern Airlines Co., one of the nation’s top three state carriers, is exploring a joint venture with British Airways for flights between the Asian country and the UK, according to the company’s global sales director. Asia’s biggest carrier by fleet size is discussing with IAG SA’s BA on how to extend cooperation beyond the existing basic code-share agreement ...

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Norwegian shares jump after surprise profit

Bloomberg Norwegian Air Shuttle ASA rose the most in three weeks after record revenue and a surprise profit added an unexpected sheen to the low-cost carrier that’s getting takeover interest from competitors. The shares gained as much as 8.2 percent after Norwegian reported record second-quarter revenue of $1.3 billion and net income of 296 million kroner, when analysts expected a ...

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Dunkin CEO sees immigrants as way to ease ‘labour snags’

Bloomberg As Dunkin’ Brands Group Inc.’s new chief executive officer takes the reins, the tight US labour market has his attention. One solution to the staffing crunch, according to Dave Hoffmann, who assumed the top post at the coffee-and-doughnut chain this week, is for the US to provide more student visas for foreigners participating in work-study programmes. “There may be ...

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