Bloomberg Mothercare Plc surged despite posting a large loss and falling sales, after it said it had made significant headway restructuring its operations. The baby and parents retailer’s shares rose as much as 19 percent, the most since March, after it said it reduced its store count to 79 from 134 a year earlier, a faster-than-expected pace. The retailer has …

Bloomberg Kenya Airways Chief Executive Officer Sebastian Mikosz will step down from the troubled state airline five months before the end of his three-year contract, according to a staff memo seen by Bloomberg. “I have made the decision to shorten my contract term and I have decided to resign on personal grounds effective from December 31,” Mikosz said in the …

Bloomberg Sales by Canadian wholesalers in March rose by the most in more than a year, another sign the economy is emerging from a temporary slow patch. Wholesale sales rose 1.4 percent during the month, the fastest increase since October 2017 and the fourth straight monthly gain, Statistics Canada reported. Economists surveyed by Bloomberg were expecting a gain of 0.9 …