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Lindt aims to surpass Godiva’s retail network

Bloomberg Lindt & Spruengli AG is challenging Godiva as the Swiss company set a goal of becoming the world’s largest premium chocolate retailer by 2020, bolstering its direct sales to consumers. Lindt plans to open 20 to 30 shops each year, the Kilchberg, Switzerland-based maker of Lindor balls said in a statement on Tuesday as it reported full-year profit growth ...

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US Supreme Court rejects Apple appeal over electronic books

Bloomberg The US Supreme Court has rejected an appeal from Apple Inc. and left in place a ruling that the company conspired with publishers to raise electronic book prices when it sought to challenge Amazon.com’s dominance of the market. The justices’ order lets stand an appeals court ruling that found Cupertino, California-based Apple violated antitrust laws in 2010. Apple wanted ...

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Ethiopian Airlines sees profit up by 12 percent in 2014-15

Addis Ababa / Bloomberg Ethiopian Airlines Enterprise, Africa’s largest carrier by revenue, increased its profit by 12 percent to 3.53 billion Ethiopia birr ($165.4 million) in 2014-15 despite declining air traffic on the continent. The fiscal crisis in African oil producers due to the falling crude price, the effects of the Ebola crisis on travel and instability in Africa and ...

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