Bloomberg The French and Dutch governments moved to calm a political maelstrom triggered by their power struggle over Air France- KLM, with finance ministers papering over differences and pledging to work together to review the carrier’s shareholding and operations. “Our goal is to make Air France-KLM the best-performing airline in the world,” French Finance Minister Bruno Le Maire said at ...

Bloomberg Massmart Holdings Ltd.’s lower dividend payout is yet another international headache for majority owner Walmart Inc. The South African retailer, controlled by the Bentonville, Arkansas-based global chain, cut its full-year dividend 40 percent, sending the shares as much as 6.7 percent lower. Walmart, which bought a majority stake in Johannesburg-based Massmart in June 2011 for 16.5 billion rand ($1.2 ...

DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, emphasised the importance of the logistics sector as a key driver of economic diversification as highlighted by the 50-Year Charter which outlines the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of ...