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Boeing jumbo-jet era ends in US as United retires 747 fleet

  Bloomberg United Airlines plans to fly its last Boeing Co. 747 jumbo jet late this year, retiring its largest airplanes a year ahead of schedule as the iconic aircraft glides into the sunset. The decision marks the end of an era for US airlines, which have relied on the humpbacked 747 to bring jet travel to a mass consumer ...

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Tesco sales growth hits five-year high

  Bloomberg UK supermarket leader Tesco Plc posted its strongest quarterly sales growth in more than five years and said it had a good Christmas as the grocer continues its revival under Chief Executive Officer Dave Lewis. Sales at UK stores open at least a year rose 1.8 percent in the 13 weeks ended Nov. 26, the Welwyn Garden City, ...

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Sainsbury’s shares surge as Christmas sales ease concerns

  Bloomberg J Sainsbury Plc shares surged the most in more than a year after better-than-expected holiday sales provided a positive cap to an otherwise disappoin- ting year, continuing the supermarket sector’s strong Christmas run. The stock rose as much as 7.1 percent — the steepest intraday gain since Jan. 5 last year — after same-store sales at Sainsbury supermarkets ...

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