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Police clear suspicious package found at Florida airport

Bloomberg Police have cleared a suspicious package found at Fort Lauderdale–Hollywood International Airport in Florida, the Broward county Sheriff’s Office said. A bomb squad was earlier investigating the report of a suspicious package at terminal four of the airport, police said. Roads leading into the airport had been closed due to the police activity, the airport said. The airport is ...

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China’s LVMH wannabe to slow M&A after $4bn spree

Bloomberg Ruyi Holding Group, the Chinese apparel firm that’s taking over Bally International AG, will slow its dealmaking after announcing more than $4 billion of overseas acquisitions in the past three years. The company will focus on integrating existing brands and ease its M&A pace in the short to medium term, chairman Qiu Yafu said in an interview in Hong ...

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Opec, allies weigh output cut to stave off new surplus

ABU DHABI / AGENCIES Many Organization of the Petroleum Exporting Countries (Opec) and allied oil producers see a need to cut output to stave off a new surplus, a key member of the coalition said, as delegates gathered in Abu Dhabi on Sunday. Twenty-six of the world’s leading oil and gas sector leaders gathered in the UAE capital, for a ...

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