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Tesco makes Booker chief a strong No. 2 in combined company

Bloomberg Tesco Plc named Booker Group Plc Chief Executive Officer Charles Wilson to lead its British and Irish operations, elevating a potential successor for the leading role at the UK’s biggest retailer. The appointment of Wilson, 51, creates a strong No. 2 to CEO Dave Lewis. Before engineering a $5.2 billion sale to Tesco, Wilson transformed the food and drink ...

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Jet engines getting smarter

Bloomberg Jet engines used to be slung under a plane’s wing and then largely forgotten about until they came into the hangar for a checkup. More recently they’ve graduated to data downloads that allow engineers to devise maintenance regimes while aircraft are still flying. The next generation of turbines will be way smarter again, according to Rolls-Royce Holdings Plc, communicating ...

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Estee Lauder revenue gains on e-commerce, China

Bloomberg Estee Lauder Cos.’s online sales and China push are helping maintain its growth streak. The New York-based seller of Clinique and Aveda products saw sales surge across most of its brands in the latest quarter, with skin care, makeup and fragrances all posting double-digit gains. Revenue advanced on a regional level too, led by a 33 percent climb in ...

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