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Albertsons dividend stays on hold as states fight to block it

  Bloomberg Albertsons Cos was ordered by a Seattle-area judge to keep its $4 billion special dividend on hold until December 19 while Washington’s attorney general asks the state supreme court to halt the payment during a regulatory review of the grocery chain’s pending merger with Kroger Co. The last-ditch appeal to block the dividend in Washington comes as other ...

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Tata’s Air India nears deal for 150 Boeing 737 Max jets

  Bloomberg Tata Group-owned Air India Ltd is close to signing a deal with Boeing Co to buy up to 150 737 Max planes, marking the first major aircraft order after the carrier’s privatisation, the Economic Times reported, citing people it did not identify. Air India is likely to place a firm order for 50 737 Max jets with an ...

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European suppliers shifting to US to escape high energy costs: Faury

  Bloomberg Airbus Chief Executive Officer Guillaume Faury warned that European aerospace suppliers are starting to move to the US to escape surging energy costs and urged governments to provide tax breaks to halt the flow. Some German companies, for example in the chemicals sector, have already decided to relocate, while in France there’s more of a “wait and see” ...

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