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BHS to buy chain out of administration

  Bloomberg BHS owner Dominic Chappell said he will seek to regain control of the struggling UK retailer that’s now in administration amid efforts to rescue the business and save 11,000 jobs. Chappell, whose Retail Acquisitions acquired BHS for a pound last year from billionaire Philip Green, is working with a group of potential purchasers and is likely to submit ...

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Surging air tanker costs hit Boeing earnings

  NEW YORK /AFP More unexpected costs in its huge refueling tanker program for the US Air Force and slower commercial aircraft deliveries dented Boeing’s first-quarter earnings, the company reported. Boeing took a $156 million charge for unanticipated costs in the KC-46 programme, pushing earnings for the quarter ending on March 31 down 8.8 percent from a year ago to ...

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Vietnam Air shares to start trading after ANA deal

  Bloomberg Vietnam Airlines Corp., which sold shares in an initial public offering 17 months ago, expects to get them listed “some time later this year” after closing a deal with ANA Holdings Inc., Chief Executive Officer Pham Ngoc Minh said. The shares of the state-owned carrier may start trading on the Ho Chi Minh City Stock Exchange, Minh said ...

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