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Delta Air boosts worker pay 4% as bookings spring to life

Bloomberg Delta Air Lines Inc will give most of its 75,000 employees a 4% pay increase as the carrier emerges from the coronavirus pandemic’s drubbing. Flight attendants and ground employees — such as ticket and gate agents, baggage handlers and mechanics — are eligible for the raise, which takes effect from May 1. It applies to employees worldwide except those ...

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Zara warns online orders face delays in Spain over strike

  Bloomberg A Spanish truck-driver strike going on for the last week is now delaying deliveries by Inditex SA, the world’s largest clothing retailer. Inditex is warning clients that buy products on its Zara website that shipments could suffer delays due to the strike. The strike over fuel prices has been disrupting supply chains in the country. Last week, a ...

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UK’s Ted Baker surges most in two years over Sycamore bid

  Bloomberg Ted Baker shares gained the most in almost two years after Sycamore Partners Management said it’s considering making an offer for the UK fashion brand, which lost more than 90% of its value in the past four years. The private equity firm said the considerations are in the early stages and there’s no certainty it will make an ...

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