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Mike Ashley’s Frasers Group in talks to buy Debenhams

Bloomberg Mike Ashley’s Frasers Group Plc is in last-ditch talks to buy the ailing Debenhams department store in a move which could save thousands of jobs. The owner of the Sports Direct brand confirmed it was in negotiations in an emailed statement and said “we hope to be able to save as many jobs as possible” at Debenhams, one of ...

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Airbus bets on hydrogen to deliver zero-emission jets

Bloomberg There are plenty of obstacles standing in the way of developing the first zero-emission, hydrogen-powered plane. It’s tricky to safely store and use the highly combustible fuel. There aren’t any airports equipped to refuel jets with it. And the cost of hydrogen itself is prohibitive, at least if you want to avoid producing greenhouse gases. Yet in September, Airbus ...

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Brazil’s Gol to resume 737 Max operations on Dec 9

Bloomberg Brazil’s Gol Linhas Aereas Inteligentes SA said it will be the first airline to resume regular flights with Boeing Co’s 737 Max since safety officials lifted a lengthy grounding of the embattled jet last month. Passenger service on the Max will begin on December 9 on domestic routes from Sao Paulo, the airline said in a statement. Gol has ...

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