Recent Posts

Carrefoursa owners hire Bank of America for offering

Bloomberg The owners of Turkish supermarket chain Carrefoursa have hired Bank of America Corp. to sell shares in the joint venture to boost the stock’s trading on the Istanbul stock exchange, according to people with knowledge of the matter. The companies haven’t made a final decision about the share sale, said the people, who asked not to be named because ...

Read More »

American Airlines adds profit sharing to end workers’ rift

Bloomberg American Airlines Group Inc. gave in to pressure from employees and adopted a profit-sharing programme, acknowledging the issue was thwarting efforts to improve labor relations and the carrier’s performance. American joins the other large US carriers — Delta Air Lines Inc., United Continental Holdings and Southwest Airlines Co. — in splitting some earnings with employees. Starting this year, 5 ...

Read More »

Nigeria bets on jumbos and springs to woo tourists

AFP A luxury safari is probably not the first thing that comes to mind when potential tourists think of Nigeria but that’s exactly what Yankari Game Reserve is hoping to change. In Africa’s largest economy, suffering from the collapse in global oil prices, tourism is being touted as a panacea to slow growth and a depreciating naira. Leading the charge ...

Read More »
Send this to a friend