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Malaysia Air CEO quits, turnaround challenges loom

  Bloomberg Malaysia Airlines Bhd. said Chief Executive Officer Christoph Mueller will leave the company before his term ends, posing a new challenge to turn around the carrier after two plane crashes in 2014 dented its sales and reputation. Mueller requested to step down before the end of his three-year contract for personal reasons, the carrier said in a statement. ...

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UK’s N Brown subdued trading faces challenges

  Reuters British plus-size fashion retailer N Brown Group Plc expects a hit of about 3 million pounds ($4.31 million) on full-year profit before tax in the new financial year, and said trading so far has been subdued. Shares of N Brown, known for its brands SimplyBe and JD Williams, fell as much as 13 percent to 273 pence, the ...

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Undelivered Airbus jets jam parking, hurt cash flow

  Paris / REUTERS A growing backlog of undelivered Airbus passenger jets, stranded outside their factories due to supplier problems, is putting pressure on the planemaker’s cash generation for the start of the year, industry sources and analysts said. After a slow first quarter in deliveries, parking space at Toulouse airport in France, and at Hamburg in Germany, is increasingly ...

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