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Metro picks veggie startup, Wumart in China bidding

Bloomberg Meicai, a Chinese startup that helps farmers sell vegetables to restaurants, and supermarket operator Wumart Stores Inc are among firms picked for the next round of bidding for German food wholesaler Metro AG’s $1.5 billion Chinese business, people with knowledge of the matter said. Local grocery chain Yonghui Superstores Co and Suning Holdings Group, the parent company of Chinese ...

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SAS pilots’ strike triggers warning of profit erosion

Bloomberg A strike by airline pilots across Scandinavia is set to erode profits at SAS AB as investors and passengers await news of a breakthrough in labour talks. Since starting, the strike already looks set to cause almost 3,000 cancellations, affecting about 280,000 passengers. SAS, in a written comment to Bloomberg, said the development is having a “very negative effect ...

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Emirates renews its commitment to Mauritius, Seychelles

Dubai / Emirates Business Emirates has renewed its support to Mauritius and the memorandum of understanding (MoU) which outlines joint activities to promote the two countries. His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group met a VIP delegation from Mauritius and Seychelles at Arabian Travel Market, 2019. A Memorandum of Understanding was ...

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