Monday , 9 February 2026

Recent Posts

Target to buy Shipt for $550mn, steps up challenge to Amazon

Bloomberg Target Corp. agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up its challenge to Amazon.com Inc. by speeding the rollout of same-day shipping. The all-cash deal will let Target customers order groceries and other goods online, and then have the items sent directly to their doors from nearby Target stores. Buying Shipt further beefs up Target’s …

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Delta chooses Airbus over Boeing in mega deal

Bloomberg Delta Air Lines Inc. ordered 100 of Airbus SE’s A321neo jetliners, a deal with a list value of $12.7 billion, in a major victory for the European planemaker over Boeing Co. Deliveries of the single-aisle planes will begin in early 2020 and the transaction includes options for an additional 100 aircraft, Delta said. The airline’s decision dealt a setback …

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Singapore Airlines says surplus capacity remains a challenge

Bloomberg Singapore Airlines Ltd.’s chief executive officer said that surplus capacity in the industry remains a challenge and the marquee carrier’s focus continues to be on delivering cost-efficient services. The group is in the midst of a review to fend off intensifying competition from other carriers at the premium end and low-cost operators at the budget end. The transformation may …

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