Bloomberg Bombardier Inc.’s founding family is rejecting demands by Canada’s government to loosen its control of the company in exchange for financial assistance. “It’s not our intention to change anything in this regard,” Bombardier Chairman Pierre Beaudoin said in Montreal. Prime Minister Justin Trudeau’s government is said to be pushing for corporate governance changes, including the dual-class structure that ...

  Frankfurt / AFP German retail sales, a closely watched measure of household confidence, declined in March, official data showed last week. Retailers’ sales fell by 1.1 percent in March compared with February, the federal statistics office Destatis said in a statement. The previous month, retail sales had remained unchanged. On a 12-month basis however, business increased, edging up by ...

Bloomberg Casino Guichard-Perrachon SA agreed to sell Vietnam’s Big C grocery chain to Central Group at an enterprise value of €1 billion ($1.1 billion), extending an Asian divestment programme aimed to reduce the French retailer’s debt. Casino will receive €920 million in proceeds, the St. Etienne, France-based company said in a statement last week. The disposal will bring the total ...