Tuesday , 10 February 2026

Recent Posts

Tesco’s new CEO takes over as e-commerce surges in UK

Bloomberg Tesco Plc’s new chief executive officer reported a strong rise in first-half sales as more people bought groceries while working from home during the pandemic. Tesco’s like-for-likes sales in the UK and Ireland, its core market, rose 7.2% as people ate more at home than in cafes and restaurants. Tesco also slightly upgraded its outlook on retail profitability for …

Read More »

Malaysia Air continues its restructuring talks

Bloomberg Malaysia Airlines Bhd is continuing talks with leasing companies about a restructuring plan as it tries to weather the coronavirus pandemic. Malaysia Aviation Group, the holding company for the country’s flag carrier, is pleased with the level of support it has received from lessors and is “confident that there are appropriate legal mechanisms available should that support not be …

Read More »

TUI loses its finance chief

Bloomberg TUI AG’s finance chief will leave at year-end in a setback for the struggling tour operator as it works on plans to raise more cash. Chief Financial Officer Birgit Conix told the company she won’t extend her contract, TUI said. Sebastian Ebel, who is already a member of the executive board, will take over on January 1, according to …

Read More »