BLOOMBERG J Sainsbury Plc is planning to close two depots impacting 1,400 roles as Britain’s second-largest grocer makes a push into automation. The two sites serving Sainsbury’s general merchandise business Argos are set to shut by 2026. The retailer will spend £90 million ($109 million) overhauling its logistics network including automating a facility in Daventry. Sainsbury is also shutting its ...

BLOOMBERG De Havilland Aircraft of Canada Ltd, a leading manufacturer of turboprop planes, is aiming to win 80% of India’s small-plane market as the country seeks to bolster connectivity in far-flung corners and over rugged terrain. The company is expecting India to have as many as 120 small aircraft that seat less than 20 passengers in the next 10 years, ...

BLOOMBERG China’s economy is showing signs of a stronger rebound after Covid restrictions were abandoned, with manufacturing posting its biggest improvement in more than a decade, services activity climbing and the housing market stabilising. The manufacturing purchasing managers’ index rose to 52.6 last month, the National Bureau of Statistics said, the highest reading since April 2012. A non-manufacturing gauge measuring ...