Hyderabad / Bloomberg Airbus Group SE, whose A380 jet doesn’t have a single customer in India, is still looking for a carrier in the South Asian country to buy the superjumbos, betting infrastructure growth in the world’s fastest growing air travel market will fail to keep pace with the rise in traffic. Airlines in India will need more of the ...

Paris / AFP A bid by French household goods group Conforama, majority-owned by South Africa’s Steinhoff, for rival Darty has won the backing of Darty’s board, both companies said, derailing a planned Darty tie-up with retail giant Fnac. Conforama earlier this month launched a conditional all-cash offer for Darty at 125 pence ($1.75, 1.61 euros) per share, aiming to create ...

Bloomberg British supermarket group Sainsbury’s said it had made a formal offer worth £1.4 billion for Home Retail Group, owner of catalogue chain Argos. The cash-and-stock takeover is worth the equivalent of $2.0 billion or 1.8 billion euros. Argos sells household items, including televisions, furniture and gardening tools. With South African household goods group Steinhoff having walked away from the ...