Bloomberg South African Airways Chairman Dudu Myeni will leave the state-owned airline in a shake up of the board scheduled for early next month, as the finance ministry puts new management in place to turn around the unprofitable carrier. Myeni, who is friends with South African President Jacob Zuma and heads his charitable foundation, is the most prominent of a ...

Bloomberg The deal that ceded control of Bombardier Inc.’s C Series jet programme to Airbus SE was the best option to save jobs in Quebec and ensure the industry’s future in the Canadian province, Economy Minister Dominique Anglade said. The entry of the European plane maker brings in a “selling firepower” that Bombardier doesn’t have, opening up markets for the ...

Bloomberg Roots Corp., the Canadian retailer known for its casualwear and leather goods, raised $160 million in its initial public offering after cutting the price below its targeted range, according to people familiar with the matter. The Toronto-based retailer sold shares at C$12 a piece, below its previously disclosed range of C$14 to $16 each, said the people who asked ...