Recent Posts

Boeing Max buyer posts record profit over ‘compensation’

Bloomberg Indian budget carrier SpiceJet Ltd booked income on the expectation of receiving compensation from Boeing Co for grounded 737 Max jets, posting its highest-ever profit in the process. Airlines around the world have sought compensation from Boeing for order delays and losses caused by the grounding of the 737 Max in the wake of two deadly crashes. There’s no ...

Read More »

Sports Direct plunges after its auditor leaves

Bloomberg Sports Direct International Plc plunged after its auditor quit without a replacement, heightening corporate governance concerns at the British retailer controlled by billionaire Mike Ashley. The shares fell as much as 11 percent in London, bringing their decline over the past 12 months to more than 45 percent. Auditor Grant Thornton UK LLP will end its role on September ...

Read More »

Coca-Cola puts Dasani water in cans after Pepsi’s Aquafina

Bloomberg Coca-Cola Co is putting its Dasani water brand into aluminum cans as the beverage industry faces pressure to reduce its use of plastic. Coke will start selling canned Dasani in the US Northeast next month, with plans to expand the product to other parts of the country in 2020. The announcement comes after PepsiCo Inc said recently it would ...

Read More »
Send this to a friend