Bloomberg Wizz Air Holdings Plc will accelerate the rate of new-plane deliveries from Airbus SE, taking advantage of deferrals from other customers to feed its own expansion. The Hungarian low-cost airline will receive about 30 A321neo jets in 2021, five more than previously planned, Chief Executive Officer Jozsef Varadi said in an interview. Talks with Airbus included commercial arrangements, he ...

Bloomberg A group led by China Resources Capital Management Ltd is close to buying a majority stake in City’super, valuing the high-end Hong Kong supermarket chain at almost $300 million, people with knowledge of the matter said. CR Capital, the alternative investments arm of state-owned conglomerate China Resources Holdings Co, and its co-investors plan to acquire 65% of City Super ...

Bloomberg Shoprite Holdings Ltd’s second-half sales climbed as it gained market share, even as the main lower-income customers of Africa’s largest food retailer battle with the impact of an economic slowdown. Sales in its core South African business rose 9.4% in the last three months of the fiscal year through June, the Cape Town-based supermarket operator said. Still, the grocer ...