Reuters Saudi Arabian Airlines’ low-cost carrier will start flights next month, aiming to carve out a new market among the country’s young, tech-savvy population in a region dominated by airlines from the UAE. Flyadeal, a subsidiary of the state-controlled holding company that also owns national carrier Saudia, will offer domestic services from September 23 and begin international flights before mid-2018. ...

Bloomberg Massmart Holdings Ltd., the South African grocery and general goods retailer owned by Wal-Mart Stores Inc., said tougher control of costs wasn’t enough to prevent earnings falling during “the most difficult trading conditions in recent memory.” First-half operating profit before interest declined by 6.6 percent to $58 million, the Johannesburg-based company said. Sales increased 0.5 percent to 42.5 billion ...

Bloomberg The European Aviation Safety Agency ordered operators of Airbus SE A350 airliners to revise fuel-system software to reduce the risk of overheating that could lead to a fire. A flaw in the hydraulic-fluid cooling system, located in the fuel tanks, may cause the temperature of the liquid to rise quickly, the EASA said in an emergency airworthiness directive that ...