Recent Posts

Japan Air mulls more A350s as it adds India, N America routes

Japan airlines new employees attend a company entrance ceremony

Bloomberg Japan Airlines Co., which bought its first Airbus SE planes four years ago, is considering adding to its pending order of wide-body A350s as it seeks to increase routes to India and North America. The carrier has ordered 31 A350s scheduled for delivery starting 2019 and has options to buy 25 more. Japan Airlines may use some of these ...

Read More »

Amazon’s Whole Foods lures new shoppers from Wal-Mart, Sprouts

Amazon to acquire super supermarket chain whole foods

Bloomberg Amazon.com Inc.’s takeover of Whole Foods Markets has shaken the grocery business. Wal-Mart Stores Inc., Trader Joe’s and Sprouts Farmers Market Inc. may be hurting the most so far. Whole Foods’ foot traffic from new shoppers jumped 33 percent in the first week following Amazon’s acquisition, and Wal-Mart regulars accounted for the largest percentage of first-time customers, according to ...

Read More »

Metro to sell assets as part of $3.6bn Jean Coutu purchase

Germany's metro group hit by weakness of ruble

Bloomberg Canadian grocer Metro Inc. pledged to sell some assets to reduce its financing needs and retain its credit rating as part of a $3.6 billion purchase of pharmacy chain Jean Coutu Group Inc. Metro will pay C$24.50 a share in cash and stock for Jean Coutu, about a 6.1 percent premium to Jean Coutu’s price before the two companies ...

Read More »
Send this to a friend