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Engine woes prompt ANA to scrap some flights

  Emirates Business ANA Holdings Inc., the world’s biggest operator of Boeing Co.’s Dreamliner jet, will halt some services using the 787 saying it found an issue with the plane’s engines. Japan’s biggest airline will stop some services starting on Friday, Wataru Yoshioka, a spokesman for the Tokyo-based company said on Thursday. The airline’s fleet of 50 787s are all ...

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Li & Fung profit falls 14% as economic fears hurt retailers

  Bloomberg Li & Fung Ltd., the world’s largest supplier of clothes and toys to retailers, reported a 14 percent fall in first-half core operating profit as concerns about the US presidential election, Brexit impact and terrorism hurt sales. Core operating profit dropped to $156 million for the six months ended June from a year earlier, the Hong Kong-based supplier ...

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Coca-Cola bottler says S Africa sugar tax would hit profit

  Bloomberg Coca-Cola Beverages Africa, the bottling joint venture between the U.S. soft-drink maker and brewer SABMiller Plc, may close South African plants and see profit in the country more than halve if the government pushes ahead with a proposed sugar tax. South Africa’s National Treasury last month recommended a levy on sugar-sweetened beverages that would generate almost 11 billion ...

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