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Burberry names Gobbetti as next chief executive

  London / AFP Burberry appointed Celine chairman Marco Gobbetti as its next chief executive, replacing Christopher Bailey who will become the British luxury fashion group’s new president. Gobbetti, currently the chairman and chief executive of French luxury brand Celine, will join the board in 2017 “as soon as he is contractually able to do so”, Burberry said in a recent ...

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Qatar Airways to prefer Boeing 737s over A320neos

  Bloomberg Qatar Airways is in discussions about purchasing as many as 30 Boeing Co. 737 airliners amid a dispute with Airbus Group SE over unresolved faults with its A320neo model. The carrier, which has canceled delivery of one A320neo due to glitches with engines made by Pratt & Whitney, will continue rejecting the plane until the issues are fixed, ...

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Cuba gets bulk store, but wholesale still elusive

  Havana / AP Cuba has quietly opened a first-of-its-kind store specialising in bulk goods in Havana: Zona +, a high-ceiling space with racks stacked with large tins of tomato sauce, toilet paper and cooking oil by the gallon. It’s not quite Costco, and it falls short of satisfying longstanding calls for a wholesale market to support the growing class of ...

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