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S African Airways cancels more flights over workers’ strike

Bloomberg South Africa Airways (SAA) extended flight cancellations to four days as a strike over pay and job cuts at the loss-making state carrier got under way. Regional and domestic routes will remain suspended through Monday, two days longer than previously announced, the airline said in an emailed statement. International services will resume on November 17, it said. Two labour ...

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Boeing pitches stopgap deal to win Qantas order for ‘777X’

Bloomberg Qantas Airways said Boeing has offered a stopgap deal in a bid to persuade the airline to select its delayed 777X plane for planned direct flights from Australia to New York and London. Boeing pitched the workaround as it grapples with holdups to the upgraded 777, Chief Executive Officer Alan Joyce said in an interview in London, declining to ...

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Walmart retreats as investors poke holes in earnings

Bloomberg Investors in the retail industry are a tough crowd. Just ask Walmart Inc, which matched sales growth estimates, raised its forecast — and watched its shares drift lower in midday trading as analysts picked over the numbers. The shares fell as much as 1.2% after earlier hitting a record high. What changed? After all, the key gauge of same-store ...

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