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Walmart loses ‘delivery provider’ amid Amazon clash

Bloomberg Walmart Inc is parting ways with grocery-delivery partner Skipcart, the latest defection from its network of logistics companies who often struggle to make ends meet schlepping cola and cantaloupes for the nation’s biggest food retailer. Skipcart notified Walmart that it was terminating their relationship effective from April 30, according to a letter obtained by Bloomberg News. That end date ...

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Air Zimbabwe fails to raise investment

Bloomberg Zimbabwe’s troubled national airline has failed to secure outside investment, dealing a blow to government plans to sell state-owned assets and secure much-needed revenue. The airline, which in October 2018 was placed under administration, a form of bankruptcy protection, received expressions of interest from 10 international investors and had short-listed three bidders. “A process to solicit for a strategic ...

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Qantas slashes capacity, freezes hiring amid virus

Bloomberg Qantas Airways Ltd is slashing capacity on international flights in Asia by 15% and freezing recruitment as the coronavirus drives down travel demand. The reductions apply to flights to mainland China, Hong Kong and Singapore and will be in place until at least the end of May, the Australian airline said in a statement. The cuts are the equivalent ...

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