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Apple supplier’s Vietnam chief exits after China shift

BLOOMBERG AirPods maker GoerTek Inc’s Vietnam business chief is leaving the company, days after the executive outlined how Apple Inc’s Chinese suppliers are likely to move capacity out of the country far faster than anticipated to pre-empt fallout from escalating Beijing-Washington tensions. Deputy Chairman Kazuyoshi Yoshinaga is departing for “personal reasons,” the Chinese firm said in a brief exchange filing, ...

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Copa to boost Venezuela flights to cash in on economic rebound

BLOOMBERG Copa Holdings SA is planning to boost flights to Venezuela as a budding economic recovery boosts demand for travel, and new connections to Colombia are set to open. The Panama-based airline aims to add eight new flights to its existing 35 per week, Copa’s general manager in Venezuela, Roberto Pulido, said. These will connect the capital and three other ...

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7-Eleven operator rises on report of closing Ito-Yokado stores

BLOOMBERG Seven & I Holdings Co is closing roughly one out of every four of its Ito-Yokado stores in Japan, marking the retailer’s latest response to pressure from an activist investor to streamline its business. Shares in the world’s largest convenience-store operator rose 4.1%, the most in two months, after public broadcaster NHK reported the store closings. The Tokyo-based company ...

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