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Tesco lifts profit goal as grocer’s low prices lure shoppers

BLOOMBERG Tesco Plc lifted its profit forecast as it attracted shoppers by keeping a tight lid on food prices and its own costs. Britain’s biggest grocer now expects to deliver as much as £2.7 billion ($3.3 billion) in adjusted operating profit this year from its retail business, compared with previous guidance of flat profit. The stock rose 3.2% on Wednesday. ...

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Delta Air Lines says some aircraft flew with uncertified engine parts

BLOOMBERG Delta Air Lines Inc says some of its aircraft have flown with engines using improperly documented components, a disclosure indicating the extent to which parts linked to a British distributor have been sold globally. Suspect components were found on only one engine of the planes that were flown, a company spokesman said, declining to quantify exactly how many aircraft ...

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Ministry unveils Green ICV to reward firms for adopting sustainability

ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) has announced the adoption of the new Green ICV criteria and bonus within the National In Country Value (ICV) Programme to encourage sustainability practices throughout various supply chains. Announced at Adipec 2023, the criteria enables companies to obtain bonus ICV points if they commit to implementing sustainability-related standards ...

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