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Retail tycoon Green’s empire hanging on landlords’ vote

Bloomberg Retail billionaire Philip Green finds out whether creditors will force him to give up control of the sprawling empire he built up over years around well-known brands such as Topshop. Creditors to Green’s Arcadia Group were expected to meet in London to vote on its proposals to cut rents and close stores in order to ensure its survival after ...

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British Airways pilots call for strike ballot on pay deal

Bloomberg British Airways (BA) pilots called for a strike ballot after unions rejected the latest pay package from management. Shares of IAG SA, owner of the airline, reversed earlier gains. “We are urgently considering next steps and will make a further statement later this week,” Brian Strutton, general secretary of the British Airline Pilots Association union, or Balpa, said in ...

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FAA official echoes Boeing timeline for 737 Max return by December this year

Bloomberg Boeing Co’s 737 Max aircraft, grounded since March after two fatal crashes in five months, should be back in the air by December, a top US regulator said. It’s not possible to give an exact date as work progresses on safety fixes to the aircraft, Ali Bahrami, the Federal Aviation Administration’s associate administrator for aviation safety, said in an ...

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