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Air France-KLM board picks Janaillac as new CEO

  Paris / AFP Air France-KLM’s board of directors have appointed Jean-Marc Janaillac, the current head of French transport group Transdev, as the group’s new chief executive following the surprise resignation of Alexandre de Juniac. “The board has decided that MrJanaillac will be co-opted as a group director when Mr de Juniac leaves office on July 31 at the latest. ...

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Mall of Africa: Shoppers throng in hordes, despite economy woes

  JOHANNESBURG / AP South African shoppers flocked to the opening of one of Africa’s largest malls outside Johannesburg, despite rising unemployment and slowing economic growth. The Mall of Africa, which was opened last Thursday, spanning 130,000 square meters (140,000 square feet) registered 68,000 visitors, a spokesman for the mall’s owners said. “We did expect a high number but this ...

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Air Canada jumps after reporting surprise Q1 profit

  Bloomberg Air Canada surged the most in two years after reporting an unexpected first-quarter profit and saying a key earnings measure would rise to a record this year. Adjusted profit was 30 Canadian cents a share, the country’s largest carrier said in a statement that was released recently. Analysts expected a loss of 19 Canadian cents, according to the ...

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