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Bang & Olufsen talks halted with Chinese suitor

  Copenhagen / AFP Bang & Olufsen, the Danish maker of upmarket consumer electronics, said that it had ended takeover talks with a Hong Kong investor after the expiry of a deadline for a bid. The Danish group said its board of directors had been given several deadlines, the last of which was on Friday, during its takeover talks with ...

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Allegiant Air says it’s boosting safety facilities after mishaps

  Bloomberg Allegiant Airlines, which came under special scrutiny by federal safety regulators last year, said operations are improving after it increased spending on safety management, training facilities and younger aircraft. “We’re investing in everything we know to invest in,” Chief Operating Officer Jude Bricker told reporters. “Most of the indicators we watch are positive. Everything is moving in the ...

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Polish shoe retailer CCC sees Q1 loss, keeps 2016 targets

  WARSAW / Reuters Poland’s CCC, Eastern Europe’s largest shoe retailer, swung to a net loss in the first quarter of 2016 due to poor weather and an earlier Easter than last year, but still expects a big rise in 2016 sales, its deputy chief said. “March was indeed very weak and there will be a net loss in the ...

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