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Ahold, Delhaize finalise mega-merger on US nod

  HAGUE / AFP Dutch retail giant Ahold and Belgian rival Delhaize have announced that they have finalised their mega-merger after US regulatory authorities gave the union the green light. Both groups said they had inked an agreement to take effect from 2201 GMT after the Federal Trade Commission gave its assent. The FTC had earlier said the sale of ...

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Wizz Air cuts UK growth plans by half

  Bloomberg Wizz Air Holdings Plc cut UK capacity-growth plans for the rest of this year by half as Britain’s vote to exit the European Union is set to weigh on fares and demand. Wizz Air will add just two aircraft to serve new UK routes instead of four and won’t increase the number of flights serving existing routes to ...

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United to undergo mega makeover to boost profits

  Bloomberg United Continental Holdings Inc. rose to its highest value in almost three months after Chief Executive Officer Oscar Munoz said he is reviewing all aspects of the airline’s operations in an effort to boost profitability. “It is a top-to-bottom, full-scale view on everything that we do,” Munoz said. “It’s something that we have to do and acknowledge, and ...

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