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Seven labour groups accept South African Airways pay settlement

Bloomberg Seven labour groups representing workers at South African Airways (SAA) who’ve not been paid since March agreed to accept a settlement offer of three months’ wages, a move that will aid the government’s efforts to revive the bankrupt state airline. Members of the groups, including the South African Transport and Allied Workers’ Union and the Solidarity union, will also ...

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Air Canada Boeing 737 Max faces engine issues

Bloomberg An Air Canada Boeing 737-8 Max on a test flight suffered engine issues that forced the crew to shut down one of the plane’s engines and make an emergency landing in Tucson, Arizona, Aviation24.be has reported. Shortly after takeoff, the crew received an indication of hydraulic low pressure in the left engine, the website said. The three-member crew of ...

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Japan retail sales dip as Tokyo prices fall most since 2010

Bloomberg Japanese retail sales resumed falling and Tokyo consumer prices slid the most in a decade amid slumping energy costs and record virus cases that kept shoppers home and darken the recovery outlook. Retail sales fall 2% in November from the prior month, as consumers continued to cut back on apparel purchases, the economy ministry reported. Analysts had forecast an ...

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