Bloomberg Singapore has identified Lockheed Martin Corp’s F-35 Joint Strike Fighter as the most suitable replacement for its fleet of F-16 fighter jets and plans to buy a small number for evaluation, the Ministry of Defense said in a statement. The Air Force’s F-16s that were in service since 1998 will retire soon after 2030, Defense Minister Ng Eng Hen ...

Bloomberg Casino Guichard-Perrachon SA agreed to sell six loss-making Géant hypermarkets across France to current grocery-market leader Groupement E. Leclerc for 100.5 million euros ($114 million.) The stores, located outside Paris, are “the least performing” in its network and accounted for a total trading loss of about 8 million euros in 2018, Casino said in a statement on Saturday. The ...

Bloomberg VF Corp’s quarterly beat, aided by a sales increase in China, is fuelling a rally in branded apparel peers that include Canada Goose Holdings In., where concerns of a slowdown in the region has weighed on the stock. China sales increased 23 percent year-over-year on a constant currency basis at VF Corp. During the conference call, executives said China ...