Bloomberg Three airlines in South Africa took the unusual step of grounding some planes on October 22 after a regulator flagged compliance issues and ordered maintenance checks. Things got weirder when no one would publicly say exactly what needed checking. The groundings by state-owned South African Airways and its Mango unit, plus Comair Ltd, which operates British Airways domestic flights ...

Bloomberg Destination Maternity Corp, billed as the world’s largest retailer of maternity clothes, sought court protection from its creditors after warning investors it might not be able to survive as an independent merchant. The chain, which hasn’t posted an annual profit since 2014, listed assets and liabilities of as much as $500 million in its Chapter 11 petition, filed in ...

ABU DHABI / WAM His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Chairman of the Executive Office, officially graced the opening ceremony of FinTech Abu Dhabi (FinTechAD) on Tuesday at Abu Dhabi National Exhibition Centre (Adnec). Held under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of the Abu Dhabi Executive Council, Fintech ...