Bloomberg Richard Branson’s Virgin Atlantic Airways Ltd. almost doubled earnings last year after expanding its pact with 49 percent shareholder Delta Air Lines Inc., hosting more people on holiday packages and benefiting from the drop in oil prices. Pretax profit excluding exceptional items surged to 22.5 million pounds ($32 million) from a restated 12.4 million pounds in 2014, helped by ...

Reuters TreeHouse Foods Inc has announced it would introduce more premium, healthy snacks and popular drinks to revitalise the struggling private-label business it bought from ConAgra Foods Inc last month. TreeHouse’s $2.7 billion acquisition of ConAgra’s business — its biggest ever — makes it the largest private-label food company in the US, with 2015 pro-forma sales of about $7 billion. ...

Bloomberg BHS, the dowdy department store, will live to fight another day. The struggling privately owned retailer has been given a lifeline after landlords voted to approve a restructuring that would ease its rent burden. The company’s near miss can only partly be seen as consequence of the 15 years it spent under the leadership of retail entrepreneur Sir Philip ...