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Kraft Heinz mulls sale of Complan brand in India

Bloomberg Kraft Heinz Co. is considering a sale of children’s milk drink brand Complan in India, which could fetch about $1 billion, people familiar with the matter said. Kraft Heinz is working with an adviser to gauge interest in the business, according to the people, who asked not to be identified because the matter isn’t public. The brand could attract ...

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Debenhams plunges as it cuts profit forecast

Bloomberg Debenhams Plc plunged as much as 20 percent after the British department-store owner, struggling to compete with online rivals, cut its profit forecast for the third time this year and reined in spending on turnaround efforts. The latest warning deepens a UK retail crisis that has claimed longtime fixtures of the country’s shopping streets such as BHS and prompted ...

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Airbus studies longer range A321 jet to head off Boeing

Bloomberg Airbus SE is studying options to extend the range of its A321 narrowbody plane ahead of a decision by Boeing Co. on whether to push ahead with a competing model, according to a person familiar with the matter. The A321, which already has a long-range variant that can fly 4,000 nautical miles, could get additional fuel tanks that would ...

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