Saturday , 7 February 2026

Recent Posts

United’s growth plan sparks new faceoff with Wall Street

Bloomberg United Continental Holdings Inc.’s plan to grow its way to better profits led to another rocky encounter with Wall Street. At a presentation in New York, President Scott Kirby said an accelerated expansion would pay off in the long term by boosting market share at United’s major hubs in Chicago, Houston and Denver. He and Chief Executive Officer Oscar …

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Tesco, Sainsbury cut roles as retail costs rise

BLoomberg Tesco Plc and J Sainsbury Plc, the United Kingdom’s biggest grocers, are cutting thousands of management positions as intense competition and wage increases heap more pressure on Britain’s beleaguered retailers. Sainsbury is cutting management roles across its convenience stores and supermarkets, the London-based retailer said. That followed an announcement from larger rival Tesco, which is scrapping 1,700 management jobs …

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After hefty gains, Chinese airline shares may rise more

Bloomberg China’s top three airlines saw their Hong Kong-listed shares surge last year, but there is still potential for more gains. China Southern Airlines Co., Air China Ltd. and China Eastern Airlines Corp. are trading at a discount to peers in the region and their valuations, by some metrics, are still off their peaks in the past five years. Analysts …

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