Bloomberg Ryanair Holdings Plc is facing “enforcement action” by Britain’s regulator after the discount carrier rejected passenger compensation claims linked to flight disruption from strikes this summer. The walkouts didn’t amount to extraordinary circumstances and Ryanair should therefore have compensated customers in line with European Commission regulations, the Civil Aviation Authority said in a statement, adding that it warned the ...

Bloomberg After striking a pugnacious tone at Unilever’s capital markets day last year, Paul Polman extended an olive branch in his final investor presentation as chief executive officer of the consumer-goods giant. Polman, who’s preparing to hand over to Alan Jope in January, told analysts and shareholders that he’d been texting his wife Kim about how to leave things. Her ...

Bloomberg Swedish home improvement chain Clas Ohlson will close all its stores in the UK and Germany following years of losses at its operations there and as the retail market increasingly shifts to online sales. The closures will affect about 150 employees, cost some $23 million, and set forth a “completely new direction” for the company’s operations outside the Nordics, ...