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Saab offers to build Gripen jets in India with billionaire Adani

Bloomberg Sweden’s Saab AB offered to build its Gripen warplanes in India with billionaire Gautam Adani’s conglomerate as a partner, stepping up efforts to win a potential $25 billion contract that could be the world’s biggest fighter-jet order in play. The collaboration with the Indian partner would include design, development and production of the Gripen aircraft for the South Asian ...

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Dollar General tumbles after discount squeezes margins

Bloomberg Dollar General Corp. is feeling the pressure as grocery competition heats up. Shares of the dollar-store chain fell the most in more than two months after it reported a tighter gross margin in the second quarter. Deeper discounts and steeper pay for managers contributed to the profit squeeze. The company also is grappling with rising occupancy costs and a ...

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South African Airways CEO-elect to woo banks as top priority

Bloomberg The chief executive officer-elect of South African Airways is making it his first priority to convince banks that the state-owned carrier’s new leadership is committed to stemming five straight years of losses and repaying its debt. Lenders and other stakeholders need to be assured that “there is a plan that is plausible for SAA,” Vuyani Jarana said in an ...

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