Bloomberg When a Fastjet Plc plane flew from Tanzanian business hub Dar es Salaam to Mwanza on Lake Victoria on Nov. 29, 2012, Chief Executive Officer Ed Winter lauded the service as heralding the start of low-cost travel in Africa. Barely three years on and Winter quit this week after a spat with backer and EasyJet Plc founder Stelios Haji-Ioannou ...

Frankfurt / AFP German airline Lufthansa said on Thursday it will resume dividend payments to shareholders after profits soared in 2015, helped by low oil prices, and are set to increase again this year. Lufthansa chief executive Carsten Spohr said that despite an “emotionally challenging year” due to the Germanwings air crash and the burden of repeated strike action by ...

NEW YORK / AP Forget about slipping out of your shoes because of loose laces or feeling pressure from too-tight tying when doing those sprints. Nike Inc. has unveiled its first power-lacing sneaker — it allows users to make the fit looser or snugger on the fly by pressing buttons on the side of the shoe. The world’s largest sportswear ...