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Loeb victory may prove hollow

TOKYO / Reuters Activist investor Daniel Loeb claimed success after the surprise exit of convenience store pioneer Toshifumi Suzuki as CEO of Seven & i, saying it was a step forward for corporate governance in Japan, but his victory may turn out to be pyrrhic. The sudden departure of its 83-year-old patriarch left the $90 billion retail conglomerate without a ...

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Delta nears jet order as planemakers jostle for deal

Bloomberg Delta Air Lines Inc. is nearing a decision on upgrading its single-aisle fleet as four planemakers bid furiously to win the order, people familiar with the matter said. Airbus Group SE, Boeing Co., Bombardier Inc. and Embraer SA are competing for the sale as the second-largest US carrier seeks to replace its McDonnell Douglas MD-88 workhorse jets for shorter ...

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Holiday at home!

Yangon / DPA Myanmar is taking help of technology to boost domestic tourism. An app developed by Jovago aims at making the process of booking easier for domestic travellers. The app is available in Burmese and features a selection of more than 700 hotels across the country. It is targeting partnering 95 per cent of hotels in Myanmar by the ...

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