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China hits back after US blasts ‘Orwellian’ rule for airlines

Bloomberg China isn’t backing down after the White House called an order for airlines to stop referring to Taiwan, Hong Kong and Macau as countries “Orwellian nonsense.” The foreign ministry in Beijing said that all three places “are indivisible parts of China.” Hong Kong and Macau answer to Beijing, despite having different currencies, separate financial systems and elected legislators, while ...

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Air France tumbles as CEO prepares to quit

Bloomberg Air France-KLM Group is facing its biggest crisis in years as CEO Jean-Marc Janaillac prepares to quit amid a deepening labour conflict that the French government has warned is threatening its very survival. The stock dropped as much as 14 percent, the most since 2002. Even before today, the shares had lost 40 percent in value this year, making ...

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Tom Brady’s meal-kit maker gets boost from Del Monte

Bloomberg Purple Carrot, the meal-kit company that partnered with Tom Brady to create the quarterback’s TB12 line of food, is getting a boost from the fruit and vegetable giant Fresh Del Monte Produce Inc. Del Monte, which generates more than 40 percent of its revenue selling bananas, is investing $4 million in the Needham, Massachusetts-based startup. The deal gives Purple ...

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