Bloomberg Martin Kingston resigned as a director of South African Airways as the state-owned airline’s administrator scrambles for cash to keep it going. “There is no need for me to be on the board given the appointment of the Business Rescue Practioners,” Kingston, the executive chairman of Rothschild & Cos South African unit, said. The loss-making carrier has been under ...

Bloomberg HelloFresh’s stock jumped as much as 14% after the company reported preliminary 2019 results, beating analyst expectations. Adjusted earnings before interest, tax, depreciation and amortisation for last year is expected to come in at 45 million euros ($50 million) to 48 million euros, the company said in a statement. That beat the 22.1 million-euro average estimate from analysts, according ...

Bloomberg Amazon.com Inc has offered Deliveroo a loan after a UK probe into the food-delivery startup’s last funding round threatened a cash crunch, people familiar with the matter said. Without the backing from Amazon, Deliveroo ran the risk of running low on capital, the people said. While the size of the loan is unclear, the London-based company has significant funds ...