Bloomberg Deutsche Lufthansa AG’s Eurowings dodged more strikes this week after a cabin-crew union decided to give negotiations another chance to resolve a contract dispute. The union UFO, which rejected arbitration after the two sides failed to reach an agreement over the weekend, offered a new round of talks to “make further labor action obsolete,” according to a letter ...

  Bloomberg Shoprite Holdings Ltd. said Whitey Basson will retire as chief executive officer, ending a 37-year tenure that saw the company grow to become Africa’s biggest food retailer. Basson, 70, will step down at the end of December and be succeeded by Pieter Engelbrecht, the company’s 47-year-old former chief operations officer, Cape Town-based Shoprite said in a statement on ...

  Bloomberg Global consumer companies trying to find a business model for China’s burgeoning domestic market will be watching closely as one of the oldest Western brands in the country starts a new strategy. Yum! Brands Inc., which opened its first KFC restaurant in China in 1987 and also operates Pizza Hut outlets, has been losing market share thanks to ...