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British food producers reject Tesco head’s price hike jibe

  Bloomberg British food suppliers denied Tesco Chairman John Allan’s claim that some companies were increasing prices more than necessary. Minette Batters, President of National Farmers’ Union, told BBC radio she was baffled at the accusation. “It was almost like he was living in a parallel universe. For primary production, for farmers and for growers, this has been absolutely unprecedented,” ...

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SpaceX conducts dress rehearsal for Starship rocket system

Bloomberg SpaceX filled its Starship rocket and massive booster with extremely cold propellant for the first time stacked together, a crucial test of its new deep-space launch system ahead of its first orbital launch attempt. The procedure, conducted at the company’s Starbase facility in Boca Chica, Texas, is known as a wet dress rehearsal and is meant to run through ...

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Lufthansa eyes stake in Italy’s ITA

  Bloomberg Deutsche Lufthansa AG said it aims to buy a minority stake in ITA Airways, seeking to advance an industry consolidation that would give the German airline a stronger foothold in a major European aviation market. The German carrier didn’t disclose financial details, or lay out the size of the stake it wishes to buy in the successor of ...

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