JOHANNESBURG / Reuters South African retailer Edcon has received support from its lenders to defer 1.6 billion rand ($110 million) of interest payments to December to boost its liquidity, it announced recently. Taken private in a highly leveraged buyout by Bain Capital in 2007, the country’s biggest clothing retailer said close to 80 percent of holders of a 2018 ...

Bloomberg Airbus Group SE is poised to win an order for at least 30 A321 single-aisle jetliners from Delta Air Lines Inc. valued at $3.5 billion or more at list prices as part of a wider fleet overhaul at the US carrier, according to people familiar with the plan. Details of the transaction are still being worked out and Atlanta-based ...

  Havana / AP In the Old Havana neighbourhood Cubans call Angel Hill, a dramatic transformation is underway. Crumbling old buildings are being replaced with expensive, shiny new restaurants and restored buildings for wealthier Cubans and tourists. Here are the stories of five residents of Calle Habana on how the changes are impacting them financially. Pedro Alejandro Lopez, 83 Lopez and ...