Wednesday , 17 December 2025

Recent Posts

Sudan Airways may cut 80% of its staff: Minister

Bloomberg Sudan Airways, the national carrier that’s cut almost all flights, may fire 80 percent of staff as it awaits benefits from the lifting of two-decade-old US sanctions, a state minister for transport said. The airline will probably dismiss 1,200 of its 1,500 employees as it tries to overcome difficulties in international banking transactions and importing vital spare parts, according …

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Debenhams stock sinks as retailer loses CFO

Bloomberg Debenhams Plc tumbled after the UK department-store operator said its chief financial officer is leaving to join a rival, and profit will be at the lower end of an already-reduced forecast range. Following a holiday season in which UK consumers shifted to e-commerce merchants such as Amazon.com Inc. and hunted for bargains, full-year pretax profit will be at the …

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P&G to buy Merck’s consumer-health unit

Bloomberg Procter & Gamble Co. agreed to buy Merck KGaA’s consumer-health business for 3.4 billion euros ($4.2 billion) to bolster growth, betting that vitamins and decongestants can hasten its comeback. The deal gives the maker of Crest toothpaste a stable of products with sales growth of 6 percent in the past two years, double the pace of traditional consumer goods …

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