Bloomberg Deutsche Lufthansa AG sought to defuse an escalating pilots strike by offering an improved wage deal as well as a show of humility. The German airline proposed a 4.4 percent raise plus a bonus that will exceed 20,000 euros ($21,200) per pilot on average, dropping a demand for employee concessions on benefits. In a move away from more ...

  Bloomberg Fastjet Plc is considering expanding in South Africa as new Chief Executive Officer Nico Bezuidenhout evaluates growth opportunities for the unprofitable discount airline and says the continent’s most industrialized economy is too big to stay out of. While the Africa-focused carrier already connects Johannesburg with its hubs in Tanzania and Zimbabwe, it has no internal services in South ...

  Gaza City / AFP Coca-Cola formally has opened its first factory in the Gaza Strip, the company announced, in a move that could create hundreds of jobs in the beleaguered Palestinian enclave. The bottling facility had been partially open for several months but began full operations after a ceremony Wednesday. The $20-million (19-million euro) investment is the company’s first ...